Protect your business with these policies that you didn't know you needed.

While most business owners have the standard liability, worker's compensation, and commercial property insurance policies, simply relying on these policies may mean that there are gaps in your coverage.  Learn about these 3 little-known types of insurance and consider whether they'd be a good fit for your business. 1) Employment Practices Liability Insurance This type of policy protects employers against claims filed by employees, such as discrimination, wrongful termination, harassment and so on.  While many large corporations tend to have a plan for dealing with employment lawsuits, many small or new businesses are susceptible to these claims.  If the claim becomes a lawsuit, Employment Practices Liability Insurance can cover legal defense costs for the insured. 2) Income Stabilization Weather Insurance While most people are familiar with the insurance that covers natural disasters (hurricanes, earthquakes, tornadoes, etc.), many are unaware that there are also insurance policies that cover damage inflicted by less extreme weather.  Income Stabilization Weather Insurance covers profit lost due to unfavorable weather conditions.  This type of insurance is particularly helpful for business that depend on foot traffic, or for outdoor businesses like ski resorts, golf courses, and restaurants. 3) Cyber Liability Insurance Cyber Liability Insurance can be a necessity for companies that handle much of their business on the internet.  This type of insurance protects businesses from losses caused by data breaches and covers the cost of customer notification and credit monitoring.  Some policies may also cover the losses resulting from business being interrupted due to a data breech. Protecting against any possible dangers might be the difference between a thriving enterprise and failed company.  When looking for the right insurance policy, East End Insurance Agency has you covered.  Located in Southold, New York, contact us for all your personal and commercial insurance needs.