BLE of Contents Insurance Business Insurance Commercial Lines Insurance Investopedia / Yurle Villegas What Is Commercial Lines Insurance?
By JULIA KAGAN Updated May 23, 2023 Reviewed by MARGARET JAMES Fact checked by YARILET PEREZ
Products for businesses’ property and casualty insurance are included in commercial lines insurance.
Businesses are able to continue operating when doing so would otherwise be too risky thanks to commercial lines insurance, which shields them from potential losses they cannot afford to cover.
Business arrangements might be stood out from individual lines protection.
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Property-loss protection incorporates two significant classifications: personal and commercial lines.
Business-oriented insurance products are included in commercial lines.
Malpractice insurance, professional liability insurance, and builder’s risk insurance are among the hazards and risks covered by commercial lines.
