Whether you are an established business or a new business you can be sure of one thing. You will need to purchase insurance for your business to cover your assets and employees. Insura offers a variety of policies that will cover your business no matter where you are at. Find the right coverage below and start a quote.
Business Owners Insurance (BOP)
A business owner policy (BOP) combines protection for all major property and liability risks in one package. this kind of policy assembles the essential coverages needed by a business owner in one bundle. it’s typically sold at a premium that’s less than the overall value of the individual coverages. BOPs are typically targeted at smaller and medium-sized businesses. They usually contain business interruption insurance, that provides compensation for up to a year of lost revenue ensuing from an insured loss.
General Liability Insurance/CGL
CGL is common insurance that will help protect your business while performing day to day operations. Coverages include:
- Property Injury Liability
- Property damage liability
- Lawsuits costs for covered losses.
Professional Liability Insurance
If you are an IT consultant or a personal trainer this insurance has you covered. You need what is called Professional Liability Insurance (PL), you may have heard it called Errors & Omissions (E&O) Insurance. This is what this coverage will do for you:
- Mistakes your business might make during a business transaction.
- Legal defense costs your business might encounter.
- Services completed by your business.
If you have any employees in your business this one is mandatory. Also known as Workers Comp covers your business when an employee gets injured at work. This policy usually covers:
- Lost Wages
- Rehab Costs
- Medical Expenses
If you or your employees use a vehicle while on the job you will probably need to purchase Commercial Auto Insurance. You will need it if:
- A vehicle is used to transport people or goods.
- Employees are driving the vehicle.
- The vehicle is used to perform a service.