BUSINESS INSURANCE WASHINGTON DC
Washington DC Insurance Licenses: 2883140
Are you thinking about starting a business in our nation’s capital? Washington, D.C., is one of the few areas that was largely unaffected by the economic downturn. Business is thriving, and according to the Office of the Deputy Mayor for Planning and Economic Development, the city is currently investing in new small businesses.
The Great Streets Small Business Capital Improvement Grants are supporting established small businesses and attracting new ones to the area with the hopes of increasing Washington, D.C.’s tax base and creating more jobs.
Before you can pick out of piece of prime Washington, D.C., real estate, you’ll need a small business insurance plan to safeguard your business assets.
Washington, D.C., Insurance Savings Tips
- Save money by choosing a cash-value Property Insurance policy. This type of coverage is cheaper than replacement-value plans, which are priced to reflect the cost of replacing your items on the current market. Cash-value plans account for your property’s depreciated value.
- Consider adding Cyber Liability Insurance. This coverage protects you from the high cost of data breaches – when an unauthorized person gains access to your information. Small businesses are often the targets of cybercrime, which makes this policy quite valuable.
- Umbrella Liability Insurance can help you pay for claims that are so expensive they break your primary policy’s coverage limits. For a few hundred dollars each year, this coverage can offer an additional cushion to your General Liability Insurance in increments of $1 million.
In Washington DC, Insureon is licensed as BIN Insurance Holdings LLC (NPN 15752926) for Property & Casualty Insurance (License #2883140) and for Surplus Lines (License #2883140). Verify our licensure with the DC Department of Insurance, Securities and Banking.