Commercial Insurance

Don’t Forget Cyber Liability Coverage for Your Business 1024 576 Patrick J. Thomas Agency

Don’t Forget Cyber Liability Coverage for Your Business

In an age where cyberattacks and data breaches are on the rise, businesses cannot go without a comprehensive cyber liability insurance plan to protect their business and assets in the event of a cybersecurity threat that becomes a reality. Whether you own a small business, a large organization, or simply…

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home office
Commercial Insurance Options for Your Home Business 1024 682 Patrick J. Thomas Agency

Commercial Insurance Options for Your Home Business

Commercial insurance is essential for every business, whether your business has a physical office, or you operate out of your home. One thing many at-home business owners forget is that, regardless of where you run your business, you need insurance. Thankfully, there are many different types of business insurance, some…

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retail store
Insurance Plans Retail Businesses Should Consider 1024 682 Patrick J. Thomas Agency

Insurance Plans Retail Businesses Should Consider

Every business owner knows that insurance is essential to their business. From liability insurance to errors and omissions, there is a wide swath of plans to consider. For those who have physical retail locations, the list is even bigger. You not only need to protect your business, but also the…

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startup business
Explaining Errors and Omissions Insurance 1024 731 Patrick J. Thomas Agency

Explaining Errors and Omissions Insurance

Businesses are essentially made of people, which means that mistakes can happen. Unfortunately, there are times when those mistakes cost quite a bit of money, often to the detriment of your customers. This can often result in negligence lawsuits that financially hurt your business. Even if you don’t have to…

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umbrella insurance
How to Protect Your Business with Commercial Umbrella Insurance 1024 682 Patrick J. Thomas Agency

How to Protect Your Business with Commercial Umbrella Insurance

There are many types of commercial insurance policies that protect against everything from liability to worker’s compensation. Not every type of policy is recommended for every business, but many companies, based on their industry, choose to have some type of liability insurance. Some need even more, and that’s where commercial…

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small business
Forming an LLC? Here’s Why You Still Need Liability Insurance 1024 617 Patrick J. Thomas Agency

Forming an LLC? Here’s Why You Still Need Liability Insurance

If there’s one thing (future) business owners will need to understand, it’s commercial insurance. Making sure your business is covered from liability is crucial to keeping you out of bankruptcy and in business for years to come. That’s why many business owners choose professional liability insurance. But is this type of business insurance necessary for limited…

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business car
Everything You Need to Know About Auto Insurance for Your Business 1024 523 Patrick J. Thomas Agency

Everything You Need to Know About Auto Insurance for Your Business

Everyone who drives and owns a car is familiar with auto insurance, but what if you own a vehicle for your business? How is it insured? Can you put it under your personal plan? Is there a specific type of commercial auto insurance for vehicles owned and used by a business? These are all good…

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small business
What to Know About Business Insurance when Selling Your Company 1024 682 Patrick J. Thomas Agency

What to Know About Business Insurance when Selling Your Company

Thinking of selling a business in Minnesota? Whether you selling to a person or another company, or even shutting down, there are many things you need to take into consideration regarding your commercial insurance policies.  If you are planning on selling soon, here is what you need to know.  About…

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car wash
Which Businesses Need to be Bonded in Minnesota? 1024 598 Patrick J. Thomas Agency

Which Businesses Need to be Bonded in Minnesota?

If you own a business in Minnesota, you may need to acquire a license bond to protect your customers. License and permit bonds provide protection to your customers should you fail to perform a specific duty. They make your business more reputable, but they can also be required depending on…

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attorneys
How Professional Liability Insurance Works and Why You Need it 1024 682 Patrick J. Thomas Agency

How Professional Liability Insurance Works and Why You Need it

As a business owner, you have enough to worry about. Insurance shouldn’t be a part of those worries. Business insurance is designed to mitigate risks and protect your business without having to create a headache for you. This is true for liability insurance. You need a plan but purchasing one doesn’t have to be a confusing process. This…

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