What Is Commercial Insurance?

commonly known as professional liability insurance, will pay for losses resulting from injuries to third parties when a professional’s treatment falls below the profession’s standard of care.

Commercial automobile insurance covers the cars, vans, trucks and trailers u [removed][removed] sed in your business. This covers damage, theft or if the driver injures a person or damages a property. Directors and officers liability coverage covers any lawsuit against the directors and officers of a company. 

Lastly, there is the workers’ compensation insurance. This covers you for your employees on the job accidents or even death. Some state laws require businesses with employees to carry some type of workers’ compensation insurance. Most of the time, workers comp prohibit the employee from bring a negligence lawsuit against an employer for work-related injuries.

If you would like to take care of your business, make sure that you are covered. Whether its property, general liability or workers compensation insurance. Business and commercial insurance go hand in hand as this is a necessary investment for you and your company. It is also important to know the insurance agent or broker that you can depend on when these trying times arise. Just like any business transaction, buying commercial insurance should be done with care. Check the insurance company or broker if they’re registered with the Better Business Bureau. If they’re graded A+, the better you