Are you looking for a flexible and affordable way to protect your business from unexpected risks? Do you need insurance coverage for a specific event or project that lasts only one day or less? If so, you might want to consider per day business insurance.
What is Per Day Business Insurance?
Per day business insurance is a coverage for business activities that often don’t take more than one day to complete but can be extended to cover a desired number of days. Primarily offered as a general liability coverage, per day liability insurance protects your business against third party property damage or personal injury claims. Here’s how the policy works:
In property damage claims, general liability insurance will reimburse the value of the property that was destroyed or damaged due to your business operations.
In personal injury claims, general liability insurance will cover the medical expenses and legal fees of the injured person if they sue you for negligence.
Why Do You Need Per Day Business Insurance?
Per day business insurance is ideal for businesses that operate on a temporary, seasonal or occasional basis. For example, you might need one day business insurance if you:
Run a catering service, food truck or pop-up shop
Organize a trade show, festival or concert
Rent a venue, equipment or vehicle for a business purpose
Provide professional services such as consulting, photography or coaching
Perform construction, renovation or repair work
Per day business insurance can help you save money by paying only for the coverage you need when you need it. It can also help you comply with contractual obligations, such as when a client or a landlord requires you to have insurance before working with them.
How Much Does Per Day Business Insurance Cost?
The cost of per day business insurance depends on several factors, such as:
The type and size of your business
The nature and scope of your activity
The location and duration of your event or project
The amount and limit of coverage you choose
The deductible you are willing to pay
According to Insuranks.com, one day business insurance can start from as low as $3 per day1. However, the average cost of one day general liability insurance is around $50 per day2. You can compare quotes from different insurers online to find the best deal for your needs.
How to Get Per Day Business Insurance?
Getting per day business insurance is easy and fast. You can apply online through by submitting your details using Quote Now and we will find an insurance company using our online platform that connects you with multiple insurers. You will need to provide some basic information about your business and your activity, such as:
Your name and contact details
Your industry and occupation
The date and time of your event or project
The location and size of your venue or site
The number of attendees or participants
The estimated revenue or budget
The type and amount of coverage you want
Once you submit your application, you will receive a quote and policy details. You can review and accept the offer, pay online and get your certificate of insurance in minutes. You can also cancel or modify your policy anytime before it starts.
Per day business insurance is a smart and convenient way to protect your business from unforeseen risks without breaking the bank. Whether you need it for a single event or multiple projects throughout the year, per day business insurance can give you peace of mind and the confidence to run your business smoothly.
I hope you enjoyed reading this article and learned something new. To find out more about the best per day insurance options, contact Alex Insurance Agency 407-847-2539 or use our online Quote Now platform. We can help you compare quotes from different providers and customize a policy that suits your budget and goals. If you have any questions or comments, please feel free to leave them below. Thank you for your attention and have a great day!