The commercial insurance laws in Minnesota and North Dakota make many types of commercial insurance required for businesses of every size. If you aren't sure that you have enough coverage, call Wagner Insurance Agency LLC to find out about the policies you have as well as the ones you may need or want.
Every business in the state has to have workers' compensation insurance for every worker, excluding sole proprietorships, owner partners and any corporate officers that may be employed in a business. This type of commercial insurance covers illnesses picked up in the workplace as well as any work injuries.
For every vehicle owned by a Minnesota or North Dakota business, it must be covered with a commercial auto policy. And, there must be several types of coverage that are included in that policy. The policy must have specific amounts of coverage for property damage liability, for bodily injury liability, protection against personal injury and coverage for uninsured motorists. These are mandated by law, but there are some other types of auto policies that can be useful for protecting your commercial vehicles. Often, you can get these insurance policies along with other coverage such as a business owner's policy.
This type of commercial insurance covers you and your business against a number of common risks that can cause problems. There are generally many types of coverage that goes into these policies, and you may be able to add other risks to your policy for more comprehensive liability coverage.
If you aren't sure that you have the right kinds of policies for your business, call us to make an appointment with one of our agents. We can work with you to make sure you have the coverage you want at a price that is within your budget. Wagner Insurance Agency LLC has experts who are well-versed in the required, and elective, coverages for Minnesota companies.
With offices located in Lake Park and Hawley, MN, we serve clients across Minnesota and North Dakota.
