Commercial insurance is designed to protect businesses from financial losses resulting from risks, such as property damage, liability claims, and business interruption. It can also provide protection for employees, customers, and suppliers.
Commercial insurance can be purchased as a package policy or as separate policies depending on the needs of the business.
There are many different types of commercial insurance available, and the coverage provided will vary depending on the type of policy purchased. Some common types of commercial insurance include:
- Property insurance: This type of insurance provides protection for buildings and contents in the event of damage or loss due to fire, theft, vandalism, or other covered perils.
- Liability insurance: This type of insurance protects businesses against claims arising from injuries or property damage caused by the business or its employees.
- Business interruption insurance: This type of insurance provides protection against loss of income due to a covered event that disrupts normal business operations.
Whether you are just starting out as a small business owner, or you have been in business for many years, commercial insurance can help you protect yourself and your company from financial losses and legal liability.
To learn more about commercial insurance and the different coverage options available, talk to your insurance agent today.