Ordinarily consolidates business property protection, general obligation protection, and business interference protection in one helpful bundle.
You can frequently tweak a BOP with supports custom fitted to your business type. However, if a home-based business owner only operates out of their home, many may find that a BOP’s commercial property coverage is unnecessary.
Business Accident protection
Business accident protection, or business vehicle protection, is important for organizations that own vehicles for business use.
You may need hired and non-owned auto insurance instead if you use your personal vehicle for business purposes or if your employees use their vehicles for business purposes.
For instance, your personal auto insurance policy may not cover you in the event of an accident if you drive frequently for business deliveries.
Workers’ Compensation Insurance The majority of states mandate that businesses with a predetermined number of employees carry workers’ compensation insurance.
In the event of an employee’s injury while on the job or at your business, it covers their medical expenses and lost wages.
Additionally, it covers some diseases contracted while employees are at work.
