Business Insurance

For your business, you take on obligations and responsibilities above and beyond that of the average citizen. Without business insurance protection, a business owner is putting themselves in unneeded and unnecessary financial risk.

Here are just some major subtypes of insurance that a business should consider to have: (a) professional liability insurance, also called professional indemnity insurance, protects professional practitioners such as architects, lawyers, doctors, and accountants against potential negligence claims made by their patients/clients. Professional liability insurance may take on different names depending on the profession. For example, professional liability insurance in reference to the medical profession may be called malpractice insurance. Notaries public may take out errors and omissions insurance (E&O). Other potential E&O policyholders include, for example, real estate brokers, home inspectors, appraisers, and website developers; (b) the business owners policy (BOP), which bundles into one policy many of the kinds of coverage that a business owner needs, in a way analogous to how homeowners insurance bundles the coverages that a homeowner needs; (c) worker's compensation, if your business has employees, worker's compensation insurance will be mandatory. This insurance covers employees in the case of accidents related to their jobs. Startup businesses usually find that the State Compensation Fund can accommodate their needs; however, as the business grows, remember to 'shop around' to look for better alternatives; (d) Business Interruption, which protects you against losses that your business incurs when it has to close down temporarily due to a fire or other natural disasters. Usually, it provides reimbursement for lost revenue and to cover certain operating expenses.

To get and compare quotes online for business insurance can save you both time and money. From our site, you can get the following types of business insurance quotes: General Liability Insurance, Commercial Auto Insurance, Commercial Property Insurance, Professional Liability (E&O) Insurance, Directors and Officers Liability Insurance, Business Owners Package Policy (BOP), Workers Compensation Insurance, Commercial Crime Insurance, Business Interruption Insurance, Bonds, Employment Practices Liability, Group Health Insurance, Group Life Insurance, Group Disability Insurance, 401K / Retirement Plans, Supplemental Plans / AFLAC, Key Man Life Insurance, Key Man Disability Insurance, Deferred Compensation Insurance and many other coverages insurance.