This is a common insurance policy for business owners. This is a great option for business owners who also require property insurance.

Reasons to consider a BOP: you work with or own significant data regularly, you have employees, you own the building where your operations are housed, you require general liability, and your business has equipment that needs coverage.

Things it doesn’t cover: Claims regarding professional services (see Professional Liability), damages to others’ property (see General Liability) or employees’ lost income (see Workers Compensation), lost wages (see Workers’ Compensation)

Every business owner should consider general liability. This policy type is meant to act as an umbrella for protecting others from your business’s day-to-day activities.

Reasons to consider General Liability coverage: you want protection in the event your activities damage others’ property, your advertising needs coverage against libelous and slanderous claims, and you want to protect others who are visiting your premises in the event of an injury (such as tripping on steps).

Things it doesn’t cover: Commercial auto accidents (see Commercial Auto), property damage claims (see BOP), claims regarding professional services (see Professional Liability), lost wages (see Workers’ Compensation)

Also known as Errors and Omissions, this policy type protects business from claims regarding professional services. You can be covered against court costs, financial losses, and attorney’s fees. It protects your from clients’ claims regarding injury for your professional services or negligence.

Reasons to consider E&O: you provide customers with advice and/or professional services, you are often required to enter into contracts with clients

Things it doesn’t cover: Commercial auto accidents (see Commercial Auto), property damage claims (see BOP), damages to others’ property (see General Liability), lost wages (see Workers’ Compensation)

If you have employees, many states require workers’ compensation to protect employees who are injured on the job. Please check with your insurer to confirm your state’s requirements. This coverage protects you from paying out of pocket costs for work-related injury or illness.

Reasons to consider Workers’ Compensation: you want protection against out-of-pocket medical treatment costs and lost wages for injured employees.

Things it doesn’t cover: Commercial auto accidents (see Commercial Auto), property damage claims (see BOP), damages to others’ property (see General Liability), claims regarding professional services (see Professional Liability).

If you have vehicles that are used for business purposes, it’s essential to have a business auto policy. It is similar to a personal auto policy, but provides extended protection, such as multiple vehicles, your employees, the business owner and other individuals.

Reasons to consider Business Auto: you have company vehicles, you have employee drivers

Things it doesn’t cover: Lost wages (see Workers’ Compensation), property damage claims (see BOP), damages to others’ property (see General Liability), claims regarding professional services (see Professional Liability).

We can connect you with a variety of business insurance coverages to safeguard your company.

If you have more questions about physical property, lawsuit risk coverage, financial assets, income loss or employee protections, get started on your quote to allow us to connect you with the best option for you.