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Small Business Insurance

If you run a small business, then it is of crucial importance to obtain the right insurance coverage that will help protect your business and will give you peace of mind. There are policies available that are specifically designed to cover small businesses.

Three basic types of small business insurance are: Business Property, Liability Insurance and Worker's Compensation Insurance.

Business Property Insurance protects your business from a wide variety of losses. This type of insurance should include the coverage of buildings and other structures, equipment and supplies, etc. Property insurance can be categorized by what is ensured and by the events leading to a loss. Thus, a standard small business policy will also cover losses from windstorm, hail and explosion.

Business Liability Insurance protects your company in the event that a client is injured on your premises or if you or one of your employees injures someone or damages property at a client's location.

Worker's Compensation Insurance is mandatory. It provides medical and disability coverage for your company employees in the event of a work-related illness or injury.

Other types of small business insurance are Professional Liability, Umbrella Liability Insurance and others.