If you own a business, you know just how important it is to protect your assets. After all the hard work and money you’ve put into your business, making sure your investment is safe is one of the best and smartest moves you can make as a business owner. And that’s where commercial insurance comes in!Commercial insurance, simply put, is insurance coverage for your business, which will protect your property, as well as theft, damage, employee injuries, and other unexpected circumstances that can crop up that may potentially hurt your business. Though there are different types of commercial insurance that you can buy, one thing remains the same through all of them: the benefits! Take a look at the top five benefits of having commercial insurance: Less Risks and Uncertainty. No one can predict the future, and businesses certainly can’t predict what losses or liabilities they may face. While most businesses have money saved to account for unforeseen circumstances, some events are likely too big to cover financially: think fires, inventory theft, etc. Having business insurance will take some of this uncertainty and unpredictability out of the equation, as you will have a line of protection against these situations. As a rule of thumb, insurance can eliminate, or at least minimize, these risks!Lawsuit Protection. Another thing you can’t predict? Potential lawsuits. You never know what could happen, and lawsuits are always possible, whether it’s from a client or even from an employee. Liability insurance will protect you against a lawsuit, even if you lose. If you win a lawsuit, insurance will help cover some of the legal defense costs.Additional Resources. When you buy insurance, your problems become your insurance company’s problems, too. This means that they will do their best to protect you before anything should crop up by offering additional resources to you, including free HR services and Fortune 500 legal resources. Additionally, you will have access to experts who will give you more information on protecting you and your business. Credibility. Larger companies will often require proof of insurance before they sign on to work with your business. Commercial insurance guarantees that you’re a credible business with an excellent reputation, making bigger companies more likely to work with you. And remember, the larger contracts you can take, the more money you’ll make for your business!Employee Protection. One of the most valuable parts of your business is your employees, so protecting them is one of the best things you can do. Commercial insurance will protect your employees through workers’ compensation insurance, disability insurance, and more. It will also help you attract and retain great employees at the company. GVS Insurance is a family-owned company with over 25 years of experience in insurance and tax preparation services. In addition to commercial insurance, we also offer home and auto insurance, title transfer, workers’ comp, Mexico Insurance Permit, and much more. Visit our website to learn more, or call us at (713) 772-9092 to get started today!