You put your blood, sweat, and tears into your business. To protect this investment, you need to be sure you have comprehensive business insurance policies.

Do you have the right insurance for your business needs? That’s a loaded question, so we’re just going to start with the most critical policy, today: commercial liability insurance.

What Is Commercial Liability Insurance?

Protecting your business in the event of an emergency, disaster, or catastrophe requires quality insurance coverage. Some of the facets covered by commercial liability insurance include:

• Property damage
• Physical injury
• Defense costs
• Personal/customer injury

The precise types of coverage you may need will depend mainly on the business you own. 

For example, do you have clients coming into a brick-and-mortar store? You will need liability insurance to ensure that your business won’t be at risk if anyone slips and falls or has any other emergency. Do you rely on a fleet of vehicles within you or organizations? You’ll need auto policies that protect your business in an accident.

Types of Commercial Liability Insurance

Some of the most common types of commercial liability insurance include the following:

• Business life insurance
• Business property insurance
• Business auto insurance
• General Liability 
• Risk management

All businesses, regardless of size, number of employees, or industry, should have general liability insurance. Your policy should cover medical, legal, and damages. In the event of an accident of any type, your insurance should help you to cover any costs incurred, so that your business can continue to run smoothly.

Limitations of Liability Insurance

It’s important to discuss all possible needs with your insurance professional. Knowing what is covered, and what is not, is crucial. 

From the get-go, one smart move is to seek an experienced professional who has worked in your specific industry. Understanding the many potential needs will depend on their expertise. You should work together to determine any “what ifs” that may occur, and be sure you have protection in various situations.

Find Coverage Today

Commercial liability insurance is one of the most essential purchases for your business.  Big or small, online or brick-and-mortar, all companies should be protected with quality insurance policies. 

If you are ready to hear a no-obligation, no-risk quote on policies to cover your business, reach out today. We can bring you figures to compare, coverage options that can secure your business, and policies that protect your hard work.

Schedule a meeting online or by calling us at 570-345-3366.