Commercial Insurance in Oregon

Business insurance is a must-have to protect your employees, property, and financial security. It helps to protect individuals and businesses against financial loss when presented with a potential lawsuit and it even provides an attorney and pays the defense costs associated with litigation. Here at Allen & Associates Insurance Inc, we will work to get you the protection you need at the lowest cost possible. You may not be able to recover if your business faces these circumstances without a good insurance plan and an experienced, local, licensed insurance professional to guide you. You could lose your business to litigation or go broke trying to defend a case, even if you’ve done nothing wrong. Don’t risk disaster. There are laws regarding insurance requirements that you must comply with, especially contractors, when doing business in Oregon & Washington. Don’t be caught off guard, facing fines and damage to your reputation. Let us guide you through the selection of proper business insurance regardless of the business you’re in. We serve businesses all over Oregon and Washington and are only a few hours away, at most, if you ever need us during a claim.

Laws

In Oregon & Washington, most businesses need to carry business insurance and almost every landlord will require General Liability insurance as part of the lease agreement for a commercial space. In Oregon & Washington, insurance is required for contractors registered with the Construction Contractors Board, Landscape Contractors Board, Bureau of Labor & Industries, and Property Services Contractors Board. All businesses with non-family employees also must have worker's compensation insurance, like most states in the country. The state is very serious about enforcing employee protections and failure to comply will result in fines. Before you hire your very first employee, you must obtain a worker's compensation insurance. If you are not insured and a worker gets hurt while on the job, you and your business will be liable and the resulting settlement process could jeopardize the going concern of your business. For businesses that use vehicles in their operations, Commercial Auto Insurance is important especially if you have employees using your vehicles or you are delivering products to customers. These activities are specifically excluded under the Personal Auto policy. Life is easier when you protect your business. Avoid financial distress by asking us to provide input on your specific business insurance needs so you’re never caught off guard.