Liability and Insurance will be required for the company to cover all clients as well as employees. We will be required to have at least minimum insurance coverage to protect public health and saftey. As a part of insurance, we must have property, liability, workers compensation, and auto insurance.
As a small business, Wydaho Tours will need to have sufficient coverage to make sure legal troubles never cripple our company. With an outdoors touring business, I would probably run into trouble dealing with accidents and injuries. The purpose of this insurance is to protect us from losing large sums of money due to these accidents.
Small Business Insurance from Sattler Insurance
Insurance from the Sattlers Insurance angency, located in Lewiston, Idaho, provides coverage for property, liability, auto, and workers compensation. This company has a branch that is specifically designed to protect cat skiing business. Jim Sattler and his insurance team has been in business since 1979, protecting the outfitter and guide insurance industry. They provide different types of policies for types of businesses:
-Property insurance would protect our company from certain issues we may have with our land and building(s). Problems such as gas leaks or water pipe problems in the facility could be expensive to fix. Also, disasters like fires or fallen trees could cause major structural damage. Property insurance will ensure that we are protected in these situations.
-Liability insurance will easily be the most important part of our coverage. By purchasing a general liability insurance policy, we will be protected against legal hassles and payments. I think the most important part of this protection is the concern for accidents that would result in serious injuries. With a property supporting skiing and mountain biking, it would be impossible to avoid injuries. In this case, we need to not only warn our customers of the dangers, but also protect ourselves against possible lawsuits. Having this insurance coverage is a neccessity.
-Auto insurance would also be a useful thing to have. Although there would be a small possibility of collisions with other cars, there would be concern for other issues regarding these expensive machines. For example, if our vehicle slid off the road in a storm, our insurance would help cover the damage costs. This would be very important to help us fix the vehicle in a timely manner and get back to business.
-Workers compensation will ensure the safety and protection of our employees. Although we will do everything in our power to protect our employees on the job, accidents do happen. This policy would cover bodily injury that happens to any worker while they are on the clock. Common benefits provided by this type of policy are medical treatment and permanent or temporary disability.
Property and Liability - $2000 annually
Auto Insurance - $800 annually
Workers Compensation - $1800 annually
As a small business, Wydaho Tours will need to have sufficient coverage to make sure legal troubles never cripple our company. With an outdoors touring business, I would probably run into trouble dealing with accidents and injuries. The purpose of this insurance is to protect us from losing large sums of money due to these accidents.
Small Business Insurance from Sattler Insurance
Insurance from the Sattlers Insurance angency, located in Lewiston, Idaho, provides coverage for property, liability, auto, and workers compensation. This company has a branch that is specifically designed to protect cat skiing business. Jim Sattler and his insurance team has been in business since 1979, protecting the outfitter and guide insurance industry. They provide different types of policies for types of businesses:
-Property insurance would protect our company from certain issues we may have with our land and building(s). Problems such as gas leaks or water pipe problems in the facility could be expensive to fix. Also, disasters like fires or fallen trees could cause major structural damage. Property insurance will ensure that we are protected in these situations.
-Liability insurance will easily be the most important part of our coverage. By purchasing a general liability insurance policy, we will be protected against legal hassles and payments. I think the most important part of this protection is the concern for accidents that would result in serious injuries. With a property supporting skiing and mountain biking, it would be impossible to avoid injuries. In this case, we need to not only warn our customers of the dangers, but also protect ourselves against possible lawsuits. Having this insurance coverage is a neccessity.
-Auto insurance would also be a useful thing to have. Although there would be a small possibility of collisions with other cars, there would be concern for other issues regarding these expensive machines. For example, if our vehicle slid off the road in a storm, our insurance would help cover the damage costs. This would be very important to help us fix the vehicle in a timely manner and get back to business.
-Workers compensation will ensure the safety and protection of our employees. Although we will do everything in our power to protect our employees on the job, accidents do happen. This policy would cover bodily injury that happens to any worker while they are on the clock. Common benefits provided by this type of policy are medical treatment and permanent or temporary disability.
Property and Liability - $2000 annually
Auto Insurance - $800 annually
Workers Compensation - $1800 annually