Business Insurance

There are many types of insurance for businesses including coverage for property damage, legal liability and employee-related risks. Companies evaluate their insurance needs based on potential risks, which can vary depending on the type of environment in which the company operates.

Here are some common business insurance coverage options:

Small business insurance

business property coverage
general liability coveragE
business interruption coverage

Small business insurance, sometimes called commercial insurance, helps cover a business' assets, property and income against certain losses. A business owners policy (BOP) offers three basic types of coverage to help protect a business:

Commercial vehicle insurance

Commercial vehicle insurance is a policy of physical damage and liability coverage for amounts, situations, and usage not covered by a personal auto policy.

Workers' Compensation Insurance

Workers' Compensation insurance provides five basic benefits:

Medical care: Paid for by your employer to help you recover from an injury or illness caused by work.
Temporary disability benefits: Payments if you lose wages because your injury prevents you from doing your usual job while recovering.

Professional liability

Designed to protect traditional professionals (e.g., accountants, attorneys) and quasi-professionals (e.g., real estate brokers, consultants) against liability incurred as a result of errors and omissions in performing their professional services.

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