A package policy to cover the business owner's property (building and contents), business interruption and liability exposure.
Commercial Liability Umbrella
This type of policy increases the liability limit of the underlying GL and/or Commercial Vehicle policy.
Like personal auto insurance, this covers vehicles owned/used by the business and operated by its employees.
General Liability Insurance
This covers costs if somebody is injured at a business or from using its service or product. Commonly referred to as a GL policy.
Business assets that are mobile, such as misc. tools and equipment are covered by this type of insurance.
Professional Liability Insurance
Also known as errors and omissions coverage, this protects professionals who provide a service or advice to their clients from bearing the full cost of defending against a negligence claim made by a client.
Policies that cover damage or destruction of a company's buildings, equipment, inventory, etc.
This is a promise to fulfill a contract in the event that the principal or purchaser of the bond is unable to do so. These are typically used in the construction industry or when businesses are trying to get licensed.
Workers’ comp pays employees who are injured on the job for lost wages and medical expenses.
Is It Right For Me?
What you Need to Know
If you are a business owner with either tangible or intangible assets, you may want to consider purchasing one of these types of Commercial Insurance to protect you and your company.