When you have a business in Minnesota, there are specific commercial insurance policies that you may be required to have in place. When these are required for your business, you could face fees and other punishments if you don’t have them. Not every business in the state requires these, but if yours does, it’s time to get your commercial policies. Call us at Safechoice Insurance Agency in Rochester, MN to find out more.

Workers’ Compensation Coverage

This type of commercial insurance is vital for virtually every business, and it is required in Minnesota for any business with any number of employees. If you run a sole proprietorship, it isn’t required for your business. Corporate officers and partners also aren’t counted as those who need to have this type of policy. When you have a workers’ comp policy for your employees, your policy will pay for their medical bills and other costs if an employee gets injured at work or contracts a work-related illness. This type of policy is vital for protecting your company from liability for these circumstances.

Commercial Auto Coverage

This insurance policy is required for all vehicles owned by Minnesota businesses. A commercial auto policy must come with various kinds of coverage. This includes two amounts of coverage for bodily injury liability and an amount for property damage liability. It also requires two amounts of uninsured or underinsured motorist coverage. It requires personal injury protection as well. This pays for your medical bills when there has been an accident that is the fault of your company’s vehicle. 

Get Your Required Commercial Insurance

We can help you with all the insurance policies required for your business, as well as any optional ones you want. Call us at Safechoice Insurance Agency in Rochester, MN.