If you run a business, you probably realize that it usually comes with greater or lesser risk. The larger the company, the greater the resources it has and manages, and the greater its property. Even if we want to keep it all under control, and even if we try very hard to keep it that way, there are still things in life that we cannot influence.
The building where our company is located may, for example, be consumed by a fire due to unforeseen circumstances. Or another situation – in our premises there may be a break-in and theft. These are unpredictable situations and although rare, a responsible and serious entrepreneur cannot afford the risks associated with them. Therefore, there are many insurance options for the company, which guarantees us financial compensation in the event of accidents covered by insurance. Therefore, in the event of such a misfortune, we do not stay in the ice – thanks to the insurance, we can deal with the situation and bring our company back to operation.
What are the types of company insurance?
There are many types of company insurance on the market, depending on the needs of entrepreneurs and the size of the company. The scope of insurance also depends on the amount that the owner is able to spend on the insurance policy. Practically, the greater the scope of accidents covered by the insurance, the more expensive it is. Among the most basic types of insurance, one can distinguish insurance against accidents such as fire, lightning strike, earthquake, seismic vibrations, explosions, hailstorms, collapse of e.g. trees, flood, but also against damage caused by third party activities, such as insurance against terrorism. , burglary and theft or acts of vandalism. You can also extend your insurance to unnamed accidents. It is a more expensive option, but it guarantees financial support in cases wherewhen something even the darkest scenarios could not foresee – even in this case, human imagination is limited and sometimes something happens that we did not include in our list of accidents. We can also insure the company’s property in the event of loss or damage, insure, for example, company cars – this is an insurance that differs slightly from the standard private car insurance, and we also insure our employees. There is, of course, a whole range of liability insurance.insure, for example, company cars – this is an insurance that differs slightly from the standard private car insurance, and also to insure our employees. There is, of course, a whole range of liability insurance.insure, for example, company cars – this is an insurance that differs slightly from the standard private car insurance, and also to insure our employees. There is of course also a whole range of third party liability insurance.
Is it worth insuring the company?
It may seem to us that accidents happen so rarely that instead of spending these several hundred zlotys a month on insurance, it is better to save this money and invest something. While it may be true that some companies go without insurance and run for years without any unfortunate events, this is not an image to rely on. Anyone with enough common sense to be aware of the complexity and unpredictability of the reality around us knows that we can never really feel 100% safe. And however unfortunate an accident is unlikely, let us think about what awaits us, when, by some unfortunate twist of fate, it happens to us and we will not have any insurance. We will find ourselves in really serious financial trouble,and in the worst case, we will even have to file for bankruptcy. Some people do like the taste of risk, but running a business is not gambling. We are responsible not only for ourselves, but also for our employees, and we must bear in mind that they may also experience an unfortunate accident. So we can look at it that even if nothing happens over the years of paying insurance, the money paid will not be wasted. They will certainly take away the immeasurable amounts of stress and worry that would otherwise torment us overnight.that some mishap could happen to them too. So we can look at it that even if nothing happens over the years of paying insurance, the money paid will not be wasted. They will certainly take away the immeasurable amounts of stress and worry that would otherwise torment us overnight.that some mishap could happen to them too. So we can look at it that even if nothing happens over the years of paying insurance, the money paid will not be wasted. They will certainly take away the immeasurable amounts of stress and worry that would otherwise torment us overnight.
How much does company insurance cost?
The amount of the insurance premium depends on many factors. First of all, on the type of the purchased package – i.e. whether it is a basic package or an extended package. Another factor that influences the cost of insurance is the company’s annual turnover. If it exceeds a certain amount, the premiums increase significantly. In the case of large companies, however, high amounts are often compensated by a greater number of opportunities that the company can count on. The amount of the premium depends to a large extent on the type of business the company conducts. This is because it is related to the degree of risk and the probability of an accident to which the company’s property and employees are exposed. Also, companies that provide their services based on the use of very specialized, rare and thus expensive equipment or materials must take into account the fact that they will pay more in the insurance company.
