Business Insurance in Madison, WV
Insurance is integral to a company’s risk management plan. At Ferrell & Hill Insurance Agency LLC, we help business owners find the coverage they need.
What Policies Should My Business Carry? 
Depending on your circumstances, your broker may recommend the following insurance policies:
- Commercial auto insurance can cover the repair costs of business-owned vehicles if accidents, certain weather conditions, fire, theft or vandalism damage them.
- Commercial property insurance can cover rebuilding your office space and replacing furniture, equipment and inventory after a covered event.
- Workers’ compensation insurance can help pay for employees’ medical bills, lost wages and funeral expenses if they are injured, fall ill or pass away due to a work-related incident. West Virginia requires businesses with three or more employees to have a workers’ compensation policy.
- General liability insurance can insure your business against third-party claims of bodily injury, advertising injury and property damage.
- Cyber insurance can protect your company’s finances in a cyberattack or data breach.
- Business interruption insurance can cover lost income if a covered peril temporarily forces you to halt operations.
- Errors & omissions insurance can be beneficial if a customer files a claim of negligence, missed deadline or work error against your business.
How Much Do These Policies Cost?
The cost of business insurance policies can be influenced by various factors, including:
- Industry
- Number of employees
- Location
- Employee driver records
- Value of assets (e.g., commercial space, vehicles, inventory, etc.)
- Claims history
- Deductibles
- Policy limits
Get Covered Today
If you’re interested in exploring your business insurance options, we’re here to help. Contact Ferrell & Hill Insurance Agency LLC to request personalized quotes.