Frequently Asked Questions
How much business insurance do I need?
The right level of coverage depends on factors such as your operations, contractual requirements, revenue, and overall risk exposure. Starkweather & Shepley Insurance works closely with your business to assess key risks and help you evaluate insurance solutions that align with your operational needs and long-term priorities.
What does general liability insurance cover?
General liability insurance helps address claims for bodily injury, property damage, and certain legal costs. These claims often come from third parties and may arise during normal business activities.
What is not covered by general liability insurance?
General liability insurance does not usually cover employee injuries, professional errors, or damage to your own property. Other policies may be needed to help address these risks.
How much does general liability insurance cost?
Costs vary based on your industry, payroll, location, and claims history. Your overall risk profile also plays a role. A review of your business details can help clarify pricing and coverage levels.
Do I need business insurance if I have an LLC?
Yes. An LLC helps separate personal and business liability, but it does not replace insurance. Coverage helps address risks such as lawsuits, property damage, and business interruptions.
What types of insurance should a business consider?
Businesses often review general liability, property, workers’ compensation, cyber liability, and industry-specific coverage. The right mix depends on your operations and contractual requirements.
What does personal insurance typically include?
Personal insurance may include home, auto, umbrella liability, and coverage for valuables. Policies are selected based on your property, lifestyle, and level of financial exposure.
How much does personal insurance cost?
Costs vary depending on location, property value, coverage limits, and risk factors. For higher-value assets, pricing reflects additional considerations such as appraisals and usage.
What are employee benefits, and what do they include?
Employee benefits often include health insurance, retirement plans, life insurance, and disability coverage. Employers build these plans to support their teams while managing cost and compliance.
How can employers choose the right employee benefits plan?
Employers should review workforce needs, budget, and regulatory requirements. Starkweather & Shepley Insurance helps guide these decisions with clear insights and a practical view of available options.
Let Us Help
Have questions about coverage, claims, or risk management? Starkweather & Shepley Insurance is here to help you evaluate your options and move forward with confidence.
We have offices in Rhode Island, Massachusetts, Connecticut, and Florida with an exclusive partnership with Assurex Global Partners providing us with a global reach.