Commercial insurance, also known as business insurance, is a type of coverage designed to protect businesses and organizations from various risks and liabilities. It provides financial protection in case of property damage, legal liabilities, employee-related risks, and other unforeseen events that could impact the operations and assets of a business.
Commercial insurance typically consists of various coverage types tailored to meet the specific needs of different businesses. Several common types of commercial insurance include:
It's crucial for businesses to carefully assess their specific risks and needs to determine the appropriate commercial insurance coverage.
Smart Choice gives agents three ways to access top-tier commercial insurance carriers. Learn more here.