For small- and medium-size businesses, a business owner’s policy can provide enough coverage to include commercial property, general liability and crime insurance, as well as additional coverage types based on your needs.
Some companies might consider separate policies in order to receive sufficient coverage for their property, income and financial assets. Here are some other policies business owners should consider:
Commercial property insurance covers your business’s physical property, such as office space, computers, furniture, inventory and more, in the event of minor accidents or major financial loss.
Commercial general liability insurance protects your business against accidents, injuries, negligence claims and other risks.
Similar to commercial general liability, professional liability insurance protects the people and entities of your business from negligent claims made by third parties or even internal sources.
Commercial auto insurance keeps your commercial vehicles and the employees who drive them safe in the event of property or vehicle damage, bodily injury, legal costs and more.