Commercial Insurance in Ohio
If you own a business in Ohio or Florida, you need to make sure that you protect your company's assets by obtaining commercial insurance. We offer various coverage options to protect your business at Otto Insurance Group. Some of the most common covered risks include damage, lawsuits, and even theft. Without insurance, you can put your business at substantial financial risk.
Commercial Insurance Requirements
In Florida, all businesses with four or more employees, whether full or part-time, are required to obtain workers' compensation insurance for their employees. In Ohio, all businesses must also have workers' compensation to protect employees in the event they are injured while on the job.
Commercial auto insurance is also required in Ohio. Any commercial vehicle used more than 50% of the time for work purposes needs to be insured. Vehicles should also be protected with at least the minimum coverage of $25,000 for each person and $50,000 for property damage.
Commercial Business Coverage
Whether your business is in Ohio or Florida, we offer the same coverage options to protect your company, including:
- Business owner's policy- This is a combination of liability insurance and property insurance in one policy. If you are a small business, all of your insurance needs can get met with this policy.
- Cyber liability coverage- To protect your business against data breaches and cyber-attacks, consider cyber liability protection. It helps keep your client's information sensitive.
- Professional liability insurance- This policy protects your business against negligence claims made by clients, patients, or even customers.
- Property insurance- This covers both the building and the property of the business. It covers vandalism, lighting, fire, and even theft.
If you need to obtain a quote for commercial insurance, please visit Otto Insurance Group. We serve all businesses in Ohio and Florida.