No single small business insurance policy covers all risks. Different types of commercial insurance address different accidents, lawsuits, and damages that could impact a business. These policies address common risks.
Businesses with expensive equipment, a board of directors, or extra liability concerns may need additional coverage.
Business-owned vehicles are required to have commercial auto insurance. Additionally, personal vehicles used for business purposes are not covered by your personal auto insurance policy.
These policies cover the risks of certain industries, such as bars and construction companies.
Businesses may need bond insurance if they work with the government or handle a client’s finances.