The State of Oklahoma’s set of state-regulated requirements for liability responsibility are duly mandated, and the prudent business owner acquires liability insurance protection coverage before opening his business operation. The range of possible liability issues raising their dragon heads is extensive, as we find ourselves living in a litigious society more than ever before. The casual slip and fall injuries from a wet floor or icy entranceway extend to the liabilities of possible injury from the actual business services. The commercial liability coverage is usually contained in a separate policy from that of the business property damage protection, or in a separate liability rider to the business property insurance policy.
The oversight of neglecting insuring a business against liabilities for injuries suffered by customers can be destructive to the owner’s personal assets since a lack of appropriate insurance coverage opens up his own personal assets to the costs of the injuries and physical damages. The possibility of a fine is also a threat since state regulations call for liability insurance protection for commercial buildings, walkways, and the errors of commission or omission performed by personnel acting on behalf of the business owner.
The business owner who is planning to open a commercial enterprise in the Ada, Oklahoma area should first contact the Moon – Baker Insurance Agency, Inc. for a consultation with their professionals regarding insuring adequately against any liability issues that are possible within the scope of the business operation. This long-term commercial insurance agency provides a full line of invaluable commercial insurance coverage for the small business owner in addition to the non-commercial coverages appropriate for the private residential homeowner. Never place your business into the jeopardy of fate. Every wise businessman understands the fickleness of fate.