Commercial Insurance
Commercial insurance refers to a type of insurance coverage that is specifically designed for businesses and organizations. Commercial insurance typically includes several types of coverage, which can be customized based on the specific needs and risks associated with a particular business.
General Liability Insurance: Provides coverage for third-party claims of bodily injury, property damage, or personal injury that may occur on the business premises or as a result of business operations.
Property Insurance: Protects the physical assets of a business, including buildings, equipment, inventory, and furniture, against risks such as fire, theft, vandalism, or natural disasters.
Business Interruption Insurance: Offers coverage for loss of income and ongoing expenses if a business is unable to operate due to covered events, such as a fire or natural disaster.
Commercial Auto Insurance: Provides coverage for vehicles used for business purposes, protecting against accidents, property damage, and liability claims.
Workers' Compensation Insurance: Offers coverage for medical expenses and lost wages for employees who suffer work-related injuries or illnesses.
Professional Liability Insurance: Also known as Errors and Omissions (E&O) insurance, it protects professionals, such as doctors, lawyers, consultants, or architects, against claims of negligence, errors, or omissions in the services they provide.
Cyber Liability Insurance: Protects businesses against losses or liabilities resulting from cyber-attacks, data breaches, or other cyber risks.