Business insurance

Business insurance helps protect your company from risks like property damage, liability claims, and business interruptions. Coverage can also extend to vehicles and employee protection. With flexible options and dependable claims service, you can find protection that fits your business’ needs and budget.

Need more protection? We’ve got you covered.

• Workers' compensation
  Financial protection for you and your employees by covering work-related injuries or illnesses.
• Business interruption
  Recovers lost income and additional expenses resulting from a covered claim.
• Employment practices liability
  Reduces legal costs if your business is sued by an employee or contractor for discrimination, retaliation or wrongful termination.
• Errors & omissions (E&O)
  Also known as professional liability, an E&O policy can help cover legal expenses and settlements for certain types of lawsuits and claims if accused of errors, omissions, negligence or faulty advice.
• Equipment breakdown
  Takes care of expenses to repair or replace damaged or malfunctioning equipment after a covered incident.
• Data compromise
  To help your business bounce back in the event of a cyberattack, certain related costs can be covered, including credit monitoring services and legal fees.
• Home-based insurance
  Policies tailored to cover unexpected claims that may come with running a business out of your home.

Factors like your job industry or specific job duties will determine what you pay to take out a business insurance policy. Take general liability coverage: professionals who interact with the public, such as retailers, tend to pay more for this policy than those who work on their own, because there’s a higher level of risk involved with customer-facing industries.

In general, the cost of your business insurance depends on the specific type of policy you need. Additionally, it’s also subject to state availability, and qualifications may vary by state.

Many risks to your business's premises and property are typically covered under a business insurance policy, including:

• Theft
• Lightning
• Fire and smoke
• Car crash into your business
• Windstorm or hail
• Sprinkler leakage
• Vandalism
• Falling objects
• Explosion

When choosing business insurance policies, consider the type of business, the services you provide and the state where you operate.

General liability insurance is a good start as it covers bodily injury, property damage and legal expenses. If you use company vehicles, commercial auto coverage is necessary since personal auto insurance doesn't cover business vehicles.