Business Insurance

Business insurance helps companies manage risk by providing a layer of financial protection from losses that may occur during the normal course of business operations. The most common types of business insurance are liability, employee, property, and risk management insurance, but there are many other coverage options available to businesses. The coverage your business needs depends on factors such as the industry you’re in, the location of your business, and the number of employees. And while certain types of business insurance are required by law, there are optional business insurance plans that are recommended to ensure sufficient protection in the event of a loss. Understanding how business insurance works is crucial before purchasing a business insurance policy. Browse the topics, FAQs, or glossary below to educate yourself on the basics of business insurance.