The vehicles you use for your business need protection just like your personal vehicles do, but under a commercial policy, the business insurance coverage types and limits will vary based on the type of business you own.
From the building you use, furnishings, and equipment it houses – even your inventory – you need insurance to avoid losses that could result in significant financial hardship to your business.
Protecting your business from claims of bodily injury or property damage is what general liability insurance is all about. And, it also provides important protection against claims of libel, slander and copyright infringement
If your business provides personal or professional services, professional liability can protect you from costly claims of negligence.
Workers’ compensation coverage is required under most states’ laws, including Minnesota. This important coverage pays for the cost of medical care related to workers’ injuries that occur on the job.
Business Owners’ Policy
While many businesses will benefit from choosing individual policy components, some business owners – especially those who own small business.