Business Insurance
Protect Your Business with Luis Carmona Insurance Agency
At Luis Carmona Insurance Agency, we understand that your business is your livelihood. That's why we offer comprehensive business insurance policies designed to protect your company from unexpected events. Our policies cover everything from property damage to liability claims, and we collaborate with you to customize your coverage to meet your unique needs. Our team of experienced agents is dedicated to providing exceptional customer service, ensuring you find the best possible policy for your business.
Questions about Business Insurance
As a business owner, am I required to carry Workers’ Compensation Insurance? In Virginia, if you have more than two employees, you are required to carry Workers’ Compensation Insurance — whether they are part-time or full-time. Once you reach three employees, this coverage becomes mandatory by state law. However, it is always wise to maintain Workers’ Compensation coverage at all times to protect your business.
My rate is going up and I didn’t have any claims, why? Rates are determined by more than just your individual history; they also consider the claims in your zip code, your state for your type of business, and the losses incurred by your insurance carriers.
Why is Commercial Auto slightly higher than personal car insurance? Insurance companies recognize that commercial vehicles may have different drivers and present a different exposure due to their size and the frequency with which they are used for business purposes.
