Small businesses are the backbone of the American economy. They have never been at greater risk than they are today. It has never been more important to protect your investment than it is today. Twenty percent don’t make it past their first year. By year two it is 30%. That is not good odds. You need to do everything you can to give yourself the best potential to survive. At J.B. Martin Insurance Agency in New Mexico and Arizona, we work with over 30 insurance carriers, giving our clients choices. 

Weather events have been happening more frequently in all parts of the country. Storms are more violent and frequent and tornados are popping up all over the place. Record damage has been recorded and if you don’t make sure you have the right commercial insurance, your business can be in danger of collapse. Commercial property insurance protects all the things you need to do business; tools, machinery, inventory, raw materials, office equipment, and records. 

Every year, 30 to 50 percent of businesses get sued. That is a staggering number. It means the chance your business will be sued someday is pretty high. If you lose the case, it could mean the end of your business unless you have lots of savings. Why take the chance? Commercial liability insurance is affordable and offers you the protection that you need. 

If your business gets hit with a covered peril and you don’t have business interruption insurance, you won’t have any money coming in to pay normal expenses. Business interruption insurance provides the money you need to pay your bills, your rent, or mortgage, pay any employees you may have, and even give yourself a salary. It can keep your business alive while you rebuild. 

Contact J.B. Martin Insurance Agency in New Mexico and Arizona to learn more about commercial insurance.