Business insurance is an important part of protecting your business from unexpected risks. Depending on the type and size of your business, you may need a variety of different types of coverage to protect yourself financially in case something goes wrong.
Common types of business insurance include general liability, property damage, workers' compensation, professional liability (errors & omissions), product liability, cyber security/data breach protection and commercial auto insurance.
General liability protects against claims for bodily injury or property damage caused by negligence or other actions related to your business operations. Property damage covers physical losses due to fire or theft as well as natural disasters like floods and earthquakes. Workers’ compensation provides medical benefits and wage replacement if employees are injured while working for you.
Professional Liability helps cover legal costs associated with errors made during services provided by professionals such as lawyers or accountants. Product Liability covers any damages resulting from products that were manufactured or sold by your company; Cyber Security/Data Breach Protection shields businesses from financial loss due to data breaches; Commercial Auto Insurance provides coverage for vehicles used in connection with the operation of a business entity including cars, trucks and vans owned by the company itself
Common types of business insurance include general liability, property damage, workers' compensation, professional liability (errors & omissions), product liability, cyber security/data breach protection and commercial auto insurance.
General liability protects against claims for bodily injury or property damage caused by negligence or other actions related to your business operations. Property damage covers physical losses due to fire or theft as well as natural disasters like floods and earthquakes. Workers’ compensation provides medical benefits and wage replacement if employees are injured while working for you.
Professional Liability helps cover legal costs associated with errors made during services provided by professionals such as lawyers or accountants. Product Liability covers any damages resulting from products that were manufactured or sold by your company; Cyber Security/Data Breach Protection shields businesses from financial loss due to data breaches; Commercial Auto Insurance provides coverage for vehicles used in connection with the operation of a business entity including cars, trucks and vans owned by the company itself
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