The Importance of Business Insurance: Protect Your Company

February 27, 2025

As a business owner, you’ve likely invested a significant amount of time, money, and effort into building your company. However, no matter how successful your business is, it’s important to remember that accidents and unexpected events can happen at any time. 


That’s why having business insurance is crucial for protecting your company’s assets and ensuring its long-term success. At Twig Insurance, a Business Insurance Agency serving Beavercreek, OH, we understand the importance of business insurance and are here to help you find the right coverage for your unique needs.


Why Business Insurance is Important 


Business insurance serves as a safety net for your company, protecting it from financial loss due to unexpected events such as natural disasters, theft, or lawsuits. Without insurance, your business could be left vulnerable to the financial impact of these events, potentially leading to bankruptcy or closure. 


Additionally, many clients or customers may require proof of insurance before doing business with your company. Having business insurance can help build trust and credibility with potential clients, ultimately leading to increased business opportunities.


Types of Business Insurance 


There are several types of business insurance to consider, including general liability, property, and professional liability insurance. 

  • General liability insurance covers bodily injury or property damage that occurs on your business’s premises or due to your products or services. 
  • Property insurance protects your business’s physical assets, including buildings, equipment, and inventory. 
  • Professional liability insurance, also known as errors and omissions insurance, covers your business in the event of negligence or errors that result in financial loss for a client or customer.


Where to Get Business Insurance 


When it comes to purchasing insurance, it’s important to work with a reputable business insurance agency like Twig Insurance. We offer personalized service and can help you navigate the complex world of business insurance, ensuring that you have the right coverage for your unique needs.


Protecting your business with the right insurance coverage is crucial for its long-term success. At Twig Insurance, we’re committed to helping you find the right coverage for your unique needs. Contact us today to learn more about our business insurance options and how we can help protect your company’s assets.

Why Small Businesses Should Have Commercial Auto Insurance

By Joe Hickey • March 27, 2025
Why Small Businesses Should Choose Commercial Auto Insurance Over Personal Auto Policies Brought to you by TWIG Insurance Group If you’re a small business owner using a vehicle for work, you might be wondering: Can I just keep it on my personal auto policy? It’s a common question—and a risky assumption. Whether you’re a contractor driving a pickup to job sites, a mobile notary making client visits, or you’re running deliveries in a company-branded van, using your personal auto insurance could leave you exposed. Here’s why choosing commercial auto insurance is the smarter (and safer) move: 1. Personal Auto Insurance Excludes Business Use Most personal auto insurance policies are designed for everyday commuting, errands, and personal travel. Once you start using your vehicle for business purposes—especially if you're transporting tools, equipment, employees, or clients—you're operating outside your policy’s intended use. If you get into an accident while working, your personal insurer may deny the claim , leaving you to cover damages out of pocket. 2. Commercial Coverage Offers Higher Limits Business vehicles often face greater risks than personal ones—more time on the road, unfamiliar routes, and more liability exposure if your vehicle is branded or used to transport goods or clients. Commercial auto policies offer higher liability limits , better suited to the risks small businesses face. 3. Protects Your Business Assets If you or an employee causes an accident while driving for work, your business could be sued. Without commercial auto coverage, you’re not only risking your vehicle—you could be putting your entire business and personal assets on the line. Commercial auto insurance helps protect: Your business property Your business income Your reputation 4. Covers Employees and Multiple Drivers Hiring employees to drive for your business? Personal auto policies generally don’t extend coverage to non-listed drivers or employees. Commercial policies are designed to cover any authorized driver , making sure your team is protected and your policy stays valid. 5. Meets Legal and Contract Requirements Many states and commercial contracts require businesses to carry commercial auto insurance—especially if you: Operate under a business name Lease or finance vehicles through the business Carry goods or passengers for a fee Without the right coverage, you may not be in compliance and could face penalties or lose out on contract opportunities. Bottom Line: Business Use Requires Business Coverage As a small business owner, you’ve got enough on your plate—don’t let a car accident turn into a financial disaster. A commercial auto policy is an affordable way to protect your livelihood, your employees, and your future. Let’s Make Sure You’re Properly Covered At TWIG Insurance Group , we specialize in protecting small businesses just like yours. Whether you're driving one service van or managing a small fleet, we’ll help you find the right policy for your needs and budget. 📞 Call Joe Hickey at 937-200-8944 📧 Email: joe@twiginsurance.com 🌐 Visit: www.twiginsurance.com Let’s put the right coverage in place before you need it.