The internet is one of the most important assets for your business. It has also never been riskier than it has been in the last five years. Both of these are true, creating a situation where going online is a critical risk and a primary business opportunity. Commercial insurance can cover some of the financial liabilities in online threats. Cyber insurance is another essential frontier in threat management. Talk to your Emmaus, PA insurance experts at Patrick McNealis Insurance and Financial Group, for your options.

Phishing Scams

Phishing is a form of cyber fraud where scammers impersonate you to get an employee or a customer to give them personally identifying or financially sensitive information. Once the phisher has someone’s information, they can cause all kinds of havoc. Phishing and other “social engineering” scams work because people tend to trust unless given a reason not to. Phishers say, “there is no patch for human stupidity.”

Phishing scams net billions of dollars a year, and they can put your customers in serious jeopardy.

Data Breach

A data breach is when a hacker or computer criminal gains access to your files. Many data breaches are the result of phishing or other social engineering scams. When a data breach happens, many customers – even thousands on a large enough website – can find their lives compromised by criminals. Insurance can’t stop this danger, but it can limit your liability due to the actions of malicious others.

Cyber risks are only going to grow in the years ahead. Dangerous people attack and exploit online spaces. Your insurance experts are ready to help you find the cyber commercial insurance package that’s right for your business. Call or visit your Emmaus, PA insurance experts at Patrick McNealis Insurance and Financial Group for an estimate today.

Patrick McNealis Insurance and Financial Group is here to provide support and guidance for all business owners who seek a high-quality full-coverage insurance policy for their company. If you do business in the Emmaus, PA area, keep reading for some important information on ensuring your business in the state of Pennsylvania. 

Pennsylvania law requires all businesses to maintain a workers’ compensation insurance policy to protect their employees while they’re working on-site. If an employee gets injured on the job, this policy protects them (and you) and provides financial support to cover their medical bills and any other expenses. 

If you have employees, even if they are part-time or seasonal, this coverage is required. You may also seek insurance if you have a fleet of vehicles that employees drive. 

Other than that, commercial insurance in the state of Pennsylvania is up to the discretion of the business owner. However, there are so many benefits to investing in an insurance policy for your business. 

You’ve worked hard, put all your blood, sweat, and tears into your business. It may be one of your life’s biggest accomplishments. Shouldn’t you treat it as such? 

Insurance can protect your company from lawsuits, disgruntled clientele, and libel claims. These are all examples of how commercial insurance will provide financial protection so you can get back to focusing on growing and scaling your company. 

The team at Patrick McNealis Insurance and Financial Group wants to be a part of helping your company succeed. If you’re in need of a commercial insurance policy, contact us today. We’re dedicated to serving the Emmaus, PA area and would be happy to help you any way we can. 

It isn’t easy to be a business owner. Business ownership comes with many risks and challenges. Having the right commercial insurance policy can minimize the effect of those risks. But how do you know you have the right amount and type of commercial insurance? In Emmaus, PA, you can talk to Patrick McNealis Insurance and Financial Group, your local independent insurance agency. We take the time to get to know our clients, and we will go above and beyond to make sure your coverage is fitted to your needs. 

In Pennsylvania, if you have any employees, you must have Workers’ Compensation Insurance. It doesn’t matter if they are full or part-time or seasonal. This even applies to family members such as children or a spouse. Employers may opt for self-insurance but must show financial ability to meet payments as required under the Workers Compensation Act. 

Commercial Auto Insurance must also be carried on any vehicles owned by the business. It is a bad idea to use personal vehicles and insurance to do business since your insurance may exclude business use. 

Those are the required commercial insurance in Pennsylvania, but some other commercial insurance lines are recommended for just about any business. Commercial property and liability coverage can save your business if a covered peril strikes. Commercial Property Insurance protects the building if you own it. It is still worth it if you rent it since it covers what is inside the building, your machinery, inventory, raw material, office equipment, and records. Commercial Liability Insurance protects you from legal action. It can pay for legal expenses and a judgment against you. The world is a risky place, and small businesses are at greater risk, with a 53% chance of being involved in legal action. 

Contact Patrick McNealis Insurance and Financial Group in Emmaus, PA for all your insurance needs.

Commercial insurance is one of the most important things that a small business owner in Emmaus, PA can invest in. At Patrick McNealis Insurance and Financial Group, we offer commercial insurance that protects a business owner’s livelihood and may be required by law in some cases.

It can seem confusing at first to purchase a commercial insurance policy because of all the different options and features available. The following are three commercial insurance features in particular that business owners may want to consider for their policies. 

Business interruption coverage

Events could cause a company to temporarily have to close its doors. This could happen as a result of natural disasters or theft. Business interruption coverage compensates a company for profits that are lost as the result of a temporary closure of a company’s facilities. 

Product liability coverage

Companies that produce and sell products can benefit from product liability coverage. Product production leaves companies open to possible lawsuits if customers claim that a product caused them physical injury or other damages. 

Errors and omissions coverage

Companies that give professional advice or provide recommendations to clients as part of their everyday business operations could benefit from adding errors and omissions coverage to their commercial insurance policies.

This type of coverage compensates a company for expenses that result from legal defense costs if they are sued over such activities. Errors and omissions coverage is a type of professional liability coverage that is essential to companies that could be sued by clients for the advice or care they provide.

If you’d like to learn about insurance options available to you for your business in Emmaus, PA, get in touch with us at Patrick McNealis Insurance and Financial Group.