King of Prussia Commercial Insurance

Commercial Insurance King of PrussiaWhen you are looking for King of Prussia commercial insurance for your business call 215-646-5633. 

We are the experts on commercial insurance in King of Prussia and the surrounding areas. 

Call us today for a free complementary business insurance review! 

The Three Mistakes Made on Pennsylvania Commercial Insurance.


In our two previous articles we discussed two specific mistakes made on Pennsylvania commercial insurance that could cost your business a significant amount of money or lead to the closure of that business:

1- It will never happen to my business, will it?

2- Why do I need that Coverage?

The next mistake that we will discuss focuses on the amount of coverage that you purchase.

I don’t need that much coverage on my Business Insurance, do I?

Failing to purchasing a sufficient amount of coverage can leave the business owner in such a large financial predicament that they may have no choice but to liquidate their business.

Claims Example: A company specializing in heating and air is found responsible for the incorrect installation of a furnace that led to a natural gas explosion leveling three homes in one neighborhood and causing severe injury to four people. 

A $10 million jury judgment is assessed against the business.  Insurable coverage was only $1 million forcing the company to go out of business.

Mistake the Business Owner Made?

The business owner simply did not purchase enough coverage.  

While it’s true that there isn’t a person that can predict with any accuracy future claims we may be held liable for, certain types of businesses have a hazard level significantly higher than others necessitating the need for umbrella insurance coverage.

The cost to purchase a $10 million umbrella would have been around $2,000 allowing the business owner to potentially remain in business and at the same time providing the funds necessary to cover both property damage and injuries caused by a faulty installation of one of his employees.

Because of the complexities of insurance the very first step you may want to consider working with a professional agency knowledgeable and experienced in insuring businesses.

Call the Pennsylvania Commercial Insurance Experts.

We are a leading independent insurance agency in Blue Bell Pennsylvania and we can help you find the coverage you need for your business.  Call 215-646-5633 for the best options on Pennsylvania commercial insurance.