Commercial insurance is a type of insurance policy designed to provide financial protection for business owners. It provides coverage for any damages or losses that may occur during business operations, including property damage, liability claims, and employee injury. Commercial insurance policies typically include general liability, commercial property, workers’ compensation, and professional liability coverage.

General liability insurance provides protection against third-party claims, such as property damage, bodily injury, and personal injury. Commercial property insurance covers damages to any business-owned property, including buildings, equipment, and inventory. Workers’ compensation insurance covers medical expenses and wage replacement for employees who are injured on the job. Professional liability insurance, also known as errors and omissions insurance, protects businesses against claims of professional negligence or mistakes.

Overall, commercial insurance is crucial for any business owner who wants to protect their assets and mitigate financial risks. It provides peace of mind knowing that your business is secure from unforeseen events and liabilities.