Having Business Insurance can Save You Money, Time, and More

Insurance can be a sore subject with some; it is definitely for one of those “what if” scenarios. If you wind up getting hurt, you will be glad to have medical insurance. 

Of course, it is possible to never have to use it and it just cost you money, but it is often regarded as being worth it. At Linton and Associates, we believe the same for business insurance and we have a local story to back it up.

A Reason to Have Business Insurance

A New Mexico state building was recently discovered to have an asbestos problem. Luckily, it was not life threatening. However, if you know anything about mold and such, asbestos is all around bad news and really could have endangered the lives of the 200 employees in the building. Luckily, it was discovered and is now scheduled for renovation.

Here’s the catch: the renovation is going to cost around $18 million. That is a lot of money and while the damages might not be as high with a local small business, it would still be a massive problem. So what do you do?

The Benefits of Business Insurance

Like other insurances, business insurance is important for those situations that, if they happened, could prove devastating.

 No business wants to have a day so bad that they get stuck repairing thousands of dollars in damages. 

However, it could happen and that is why we suggest all business owners get protection through business insurance, so that if what happened to the state building happens to them, they will be prepared.

Business insurance can protect you from all sorts of unwanted problems that tend to just happen with the age of a building not to mention the possibility of natural or unnatural disasters. 

All of these things maybe unlikely or considered to be a one in a million chance, but they can still happen and it is always best to be safe than sorry. 

Linton & Associates recommends that all business owners, local or not, call their local insurance provider and inquires about business insurance as it really could save time, money, and quite possibly even your business.

It provides peace of mind and has you prepared should anything occur. Thinking about the massive storm that is set to East Coast, this is a perfect example of something that could wipe out a business in less than 24 hours. 

That’s why it is important to have some type of business insurance to ensure your business can recover without the costs and damage weighing on your mind.