The Facts About Business Insurance
Purchasing business insurance is one of the most important steps you can take to protect your company. Whether you’re a small business owner or running a growing operation, the right coverage helps safeguard your business from financial losses caused by unexpected events. Working with an independent insurance agent ensures you get personalized protection at a competitive rate.
What Type of Coverage Is Right for Your Business?
Every business is different, which is why having the right coverage matters. Here are a few of the most common types of business insurance:
- General Liability Insurance – Helps protect your business from claims of bodily injury, property damage, or personal injury that could arise from your operations or services.
- Commercial Property Insurance – Covers your building, equipment, inventory, and other physical assets from fire, theft, or other covered events.
- Business Owner’s Policy (BOP) – Combines general liability and property insurance into one convenient and often more affordable package designed for small businesses.
- Workers' Compensation Insurance – Provides benefits to employees for work-related injuries or illnesses and helps protect your business from related lawsuits.
- Professional Liability Insurance – Also known as Errors and Omissions (E&O) insurance, this protects service-based businesses from claims of negligence or mistakes in professional services.
- Commercial Auto Insurance – Covers vehicles used for business purposes in the event of an accident, theft, or damage.
- Cyber Liability Insurance – Helps your business recover from data breaches, cyberattacks, or other digital threats.
There are also industry-specific policies available, such as coverage for contractors, restaurants, retailers, or medical professionals.
Finding the Right Policy
The best way to ensure your business is properly protected is to speak with an independent insurance agent. Instead of getting a quote from just one provider, your agent shops multiple carriers to compare pricing and coverage options. That means you’ll receive a personalized policy tailored to your industry, risk level, and budget.
Protect your investment. Give your business the coverage it deserves — and the peace of mind you need to keep moving forward