A commercial insurance policy can protect your business from some common losses business owners can experience. Common losses can included, but are not limited to:
Commercial Property insurance protects your business buildings and the contents within. If covered perils such as fire, theft, or vandalism occur and damage your premises, property insurance compensates you for the destruction costs. It will also offset any loss of income arising from such events.
Commercial General liability insurance covers customer injuries at your place of business. If you or your employees are negligent and your customers are harmed, general liability insurance will help you pay for the medical expenses. Legal fees arising from the injuries caused will also be taken care of. In addition, this policy also ensures that claims related to libel or copyright infringement are paid for.
Commercial auto insurance will be an essential policy to acquire if you have vehicles registered in your company name. If your employees get into an accident, commercial auto insurance will help you cover the damage costs.
Professional liability insurance is also known as errors and omissions insurance and will kick in when you are sued for negligence. Businesses that require this insurance will often be those that provide expert services. This includes lawyers, accountants, and medical professionals.
Commercial insurance is the solution you need when you face any of the above-stated emergencies. Call Bishop Insurance Brokers Inc. today to help secure your business.
Worker's compensation insurance protects your workers from any harm arising from their regular work duties. It will ensure that their hospital bills are taken care of, whether consultation expenses or prescription costs. It also comes in handy in helping replace lost wages when injuries sustained are serious.
