Business Insurance or Commercial Insurance protects a business owner against losses resulting from unforeseen circumstances.
Types of Business Insurance:
- General Liability Insurance – This covers your legal liability and legal defense costs in the event of an accident, injury, or claim of negligence against a business.
- Product Liability Insurance – Protects the business owner against financial loss as a result of a defective product or service.
- Professional Liability Insurance – This insurance coverage protects business owners against malpractice, errors, and negligence in your services to your customers.
- Commercial Property Insurance – Property insurance covers everything related to the loss and damage of company property due to a wide-variety of events such as fire, smoke, wind and hail storms, civil disobedience and vandalism.