Business Insurance

 The most commonly sought-after coverages include:

• General Liability – Handles third-party bodily injuries, property damage, and certain advertising claims.
   
• Commercial Property – Covers buildings, equipment, inventory, and other business-owned assets.
   
• Workers’ Compensation – Covers employee medical costs and lost wages due to workplace injuries (required in most states).
   
• Professional Liability (Errors & Omissions) – Protects against claims arising from mistakes or negligence in your services.
   
• Business Interruption (Income) – Replaces lost income if your business shuts down due to property damage.
   
• Commercial Auto – Covers vehicles used for business operations.
   
• Cyber Liability – Protects against financial loss from data breaches and cyberattacks.
   
• Business Owner’s Policy (BOP) – A bundled package combining property, general liability, and business interruption coverages for convenience and savings.

 It depends:

• Workers’ Compensation is generally mandated once you have employees.
   
• Commercial Auto is required if your business uses vehicles.
  Even if not legally required, liability coverage or a BOP may be contractually required by landlords or clients.

 A Business Owner’s Policy (BOP) is a cost-effective solution that bundles general liability, commercial property, and business interruption insurance. It’s tailored for small to mid-sized businesses and often more affordable than purchasing each coverage separately. 

 Premiums vary based on multiple factors, such as:

• Your industry and its inherent risk level
   
• Business size, payroll, and revenue
   
• Claims history
   
• Coverage limits and deductibles
   
• Location and property value

Yes. Most policies have:

• Accidents: coverage begins in about 2 days
   
• Illnesses: coverage begins after 14 days
   
• Orthopedic conditions (dogs only): may have a 6-month waiting period (which can sometimes be reduced with a vet exam/waiver).

 Coverage depends on your business size, risks, and contracts. Start by assessing worst-case scenarios—then tailor coverage levels to protect your assets effectively without overpaying.