Business Insurance for Bethesda, Frederick, and Rockville
Business and cyber insurance protect your physical and online assets
Business insurance is an important safeguard should the unexpected happen. If you manage or own a business in Bethesda, Frederick, Gaithersburg, Maryland or Rockville you want the kind of business insurance that provides coverage for fraud, theft, fire, floods, storm damage, vandalism as well as protection against liability claims and medical expenses as result of accidents and injury. General Liability Insurance is a comprehensive all in one policy that provides the aforementioned coverage. You can find this type of all-purpose business insurance at Lowe-Tillson Insurance & Associates.
Workers comp insurance is another important branch of business insurance and will cover you and your staff in the event of a work related accident or mishap. Accidents can involve huge medical bills and liability claims so you need to be sure you and your employees are adequately covered if some unfortunate event causes injury at work.
We now live in a connected world where information flows in and out of connected devices and around cyberspace and this carries its own unique risks. What if a virus brings down you desktop or notebook or worse your whole network? Can you get compensated for down time and lost work? There are many other technology related issues and risks including virus attacks, denial-of-service, data loss, credit card losses and so forth.
Cyber Insurance is still very much like a box of smarties and there are no clear guidelines and rules. Cyber insurance also goes by many names including hackers insurance, data insurance, e-commerce insurance and so on. Your general liability insurance might cover your physical computers but the real investment and cost is related to your programs and data that is needed for online business. Are you covered for loss of data, downtime and loss of service?
It is best to talk to an insurance professional who can advise as to what whether you general liability insurance covers your online risk or if you need a separate cyber insurance policy.
