Month: July 2024

Alabama doesn’t enforce strict commercial insurance laws. However, certain requirements must be met if you run a fulfillment center in this state. In addition to these compulsory regulations, you’ll likely want to consider a range of commercial insurance options, though not legally required, to ensure your business is fully protected against any unfortunate circumstances.

Alabama’s Insurance Requirements for Fulfillment Centers

If your business uses one or more vehicles, you’ll need to invest in commercial vehicle insurance. Moreover, if you employ five or more employees (including part-time workers, but not contractors), you’re required to have workers’ compensation insurance.

Other Insurance Options to Consider

It’s wise to consider commercial property insurance to protect your most valuable assets. This type of insurance policy compensates for loss due to theft from your warehouse, damage due to vandalism or fire, and damage caused by severe weather. Liability insurance covers claims of bodily injury and property damage. It also accounts for legal fees and the cost of an out-of-court settlement. Business interruption coverage pays for regular business expenses if you’re forced to close down due to fire, vandalism, severe weather, or another covered incident.

Obtain Expert Insurance Assistance from Surety Ins Inc.

Surety Ins Inc. offers a range of commercial insurance policy options for businesses of all sizes across various industries. We take pride in assisting Alabama business owners in assessing their options and assembling a policy package that meets their needs without straining their budget. Get in touch with us today to find out how we can help protect your business and thus enhance its odds of long-term success.