WHY BUSINESS INSURANCE?
COMMERCIAL AUTO INSURANCE
Commercial auto insurance covers legal bills, medical expenses, and property damage if a business vehicle is involved in an accident.
BUSINESSES THAT PURCHASE COMMERCIAL AUTO INSURANCE:
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Have a vehicle titled to their business
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Drive to and from worksites
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Carry tools, equipment, or products used for work
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Transport clients or employees
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Rely on delivery drivers or couriers
WORKERS COMPENSATION
Workers’ compensation insurance covers medical costs and lost wages for work-related injuries and illnesses. This policy is required in almost every state for businesses that have employees.
SMALL BUSINESSES FIND WOKERS' COMP ESSENTIAL FOR THREE REASONS:
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Most states require workers’ comp coverage.
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It covers medical expenses and partial lost wages due to a work injury.
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Most policies also cover the cost of employee lawsuits related to a work injury.
GENERAL LIABILITY
General liability insurance covers common business risks like customer injury, customer property damage, and advertising injury. It protects your small business from the high costs of lawsuits and helps you qualify for leases and contracts.
GENERAL LIABILITY COVERAGE IS ESSENTIAL IF YOUR BUSINESS:
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Has a location that is open to the public
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Works closely with customers or clients
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Handles client property
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Rents or owns commercial property
COMMERCIAL PROPERTY INSURANCE
Commercial property insurance pays to repair or replace stolen, lost, or damaged business property. It covers your business’s physical location and other assets like equipment.
BUSINESSES THAT PURCHASE A POLICY TYPICALLY:
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Own or rent a building, store, or office
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Own or rent expensive equipment or tools
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Have products or inventory
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Depend on other valuable business assets
