Andrew Troi
I have had an incredible experience with Harrison Insurance and Jennifer in particular. She is true professional and handles all questions and concerns in a timely and kind manner. I’m so glad I switched my auto and renters policy to Erie and Harrison insurance.
Andrew Troi
2024-04-06
Kayla Courtois
Fantastic customer service! Very knowledgeable, patient, and friendly. We were a new business starting up with absolutely NO clue what to do. Fred made the process very simple and got us the coverage we needed in a field that is hard to get coverage in!
Kayla Courtois
2024-03-22
Thomas Sweeney
Used Fred for my executor bond, he worked with me over the phone as I was out of town to fill out the paperwork. The prices were much cheaper than anywhere else I found.
Thomas Sweeney
2022-12-27
bryan acheson
Fred and team at Harrison Insurance are awesome. I requested a review of my insurance coverage for my business and found that I was grossly under covered. Fred explained where I was needing additional coverage and why it was important. Needless to say, I'm now a client. Fred truly cares for his clients. I think my premiums basically stayed the same, for additional coverage I might add, but I would have been willing to pay more just for the service and knowing I was being taken care of. I highly recommend Fred for your business.
bryan acheson
2022-03-04
Kayla Furrow
Harrison Insurance is a great company to work with! I worked with Fred and the personal touch he adds makes you feel like you’re truly being taken care of, like you’re a part of the family. Fred never settles for the bare minimum, and if he sees something lacking in your insurance policy, he will tell you what he can do to fix it and what kind of options you have to make sure you’re covered in every area possible. Harrison Insurance is a small town agency, but their impact is huge. If you’ve got any kind of insurance, it is always worth giving Harrison a call and seeing where you can improve your coverage while lowering your rates. You definitely won’t regret touching base with them!
Kayla Furrow
2022-01-11
Wes Tatum
Highly recommend this company. Fred Zehrer was my agent and he provided top notch service. The process was simple and Fred saved me over $600 a year on my business vehicle insurance. I can't say enough good things about Fred and Harrison Insurance. If you want peace of mind and fair prices, this is where you need to be.
Wes Tatum
2016-09-07

Top Insurance Risks for Local Businesses in Colonial Heights, Virginia

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Top Insurance Risks for Local Businesses in Colonial Heights, Virginia

Operating a business in Colonial Heights, Virginia, comes with numerous opportunities and challenges. While the local business landscape is vibrant and promising, it’s crucial for business owners to be aware of the potential risks that can impact their operations. The right insurance coverage is essential to safeguard businesses from unexpected setbacks that can disrupt their growth. In this article, we’ll explore the top insurance risks that local businesses in Colonial Heights should be mindful of and how insurance coverage can mitigate these risks.

  1. Property Damage and Loss

One of the significant risks businesses face is property damage or loss due to events like fire, vandalism, or natural disasters. Colonial Heights, like any other area, is not immune to these risks. A fire or severe weather event can devastate a business’s physical assets, including buildings, equipment, and inventory. Property insurance is a must-have coverage that helps businesses recover financially after such incidents, ensuring they can rebuild and continue operations.

  1. Liability Claims

Liability claims, including slips, trips, and falls, as well as product liability, can have a severe impact on businesses. If a customer or third party is injured on business premises or due to a product/service, it can lead to costly legal proceedings. General liability insurance offers protection against bodily injury, property damage, and personal injury claims, helping businesses cover legal expenses and potential settlements.

  1. Cyber Threats

In today’s digital age, cyber threats pose a significant risk to businesses of all sizes. Local businesses in Colonial Heights are not exempt from cyberattacks, data breaches, and ransomware incidents. Cyber liability insurance provides coverage against the financial losses associated with data breaches and cyber incidents. It assists businesses in recovering from reputational damage and addressing legal and regulatory obligations.

  1. Business Interruption

Events such as fires, natural disasters, or utility failures can disrupt business operations and lead to income loss. Business interruption insurance helps cover ongoing expenses and lost profits during the period when a business is unable to operate due to covered events. This coverage is vital for local businesses to maintain financial stability during unexpected disruptions.

  1. Workers’ Compensation

Accidents and injuries can occur in any workplace, including Colonial Heights businesses. Workers’ compensation insurance is mandatory in Virginia and provides medical treatment, wage replacement, and rehabilitation for employees who are injured or become ill due to work-related activities. It’s essential for local businesses to understand the state’s workers’ compensation regulations and ensure compliance.

  1. Commercial Auto Risks

Businesses that use vehicles for operations, such as deliveries or transportation, face commercial auto risks. Accidents involving company vehicles can lead to property damage, injuries, and liability claims. Commercial auto insurance covers vehicles used for business purposes and helps mitigate the financial consequences of accidents.

  1. Professional Liability

Service-based businesses in Colonial Heights, such as consultants, contractors, and healthcare providers, should be aware of the risks associated with professional errors or negligence. Professional liability insurance (also known as errors and omissions insurance) provides coverage for legal expenses and damages if a business is sued for professional mistakes or advice.

Local businesses in Colonial Heights, Virginia, are integral to the community’s economic vitality. However, understanding and managing the insurance risks associated with running a business is essential for long-term success. Property damage, liability claims, cyber threats, business interruptions, workers’ compensation, commercial auto risks, and professional liability are among the top insurance risks that local businesses should address.

By partnering with a trusted insurance agency, businesses can tailor insurance coverage to their specific needs and effectively mitigate potential risks. With the right insurance policies in place, Colonial Heights businesses can focus on growth and innovation, knowing they have the support to navigate challenges and emerge stronger. We are here to help when you are ready!

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