Business insurance keeps your business rolling smoothly and minimizes your financial exposure through ensuring your firm and employees are properly covered.
Free Business Insurance Quotes from EINSURANCE.com
Shopping for business insurance can involve a lengthy quotation process. Getting the right coverage means you are protected from certain types of events that would otherwise jeopardize your business. Select one of the business insurance products listed above/below to review more detailed information regarding what is normally covered by that type of policy.
Coverage for Licensed Professionals, Businesses, Commercial Property
“Are you an Independent Contractor, Self-Employed, or a Professionally Licensed Individual? Do you own or manage a Limited Partnership (LLC), S-Corporation (S-CORP), or other Business Entity?”
Business Insurance is a catch-all phrase for a vast number of different insurance coverage. There are many more types of business insurance than there are types of personal insurance. Accordingly, your knowledge of your own personal insurance will only partially help you in selecting commercial insurance. If you don’t have previous experience with commercial insurance, you may want to consult with a licensed insurance agent; there are often a variety of products to choose from. E-Insure showcases a variety of business coverages allowing you to select different types of protection to cover most situations.
Making Your Selection
Typically, you will select any type of insurance policy from a simple business policy, like a BOP (Business Owners Policy) to a professional liability coverage for lawyers or doctors. There are complex policies, for example worker’s compensation, to simple policies, like fire insurance for a small office. There are many different exposures that confront a business so the insurance industry has created various coverages to protect the assets of a small business.
Get clear answers to common insurance questions and important details to guide your coverage decisions.
What is business insurance and do I need it?
Business insurance encompasses a variety of policies designed to protect businesses from financial losses due to risks such as property damage, liability claims, and employee-related incidents. It provides coverage for various aspects of a business, depending on the specific policy purchased. Some types of insurance, like workers’ compensation and commercial auto insurance, are legally required, while others, like general liability, are highly recommended to protect your assets and operations.
What does business insurance not cover?
Business insurance typically does not cover intentional acts, criminal activities, damage from certain natural disasters (unless specifically covered), and losses due to non-compliance with safety regulations.
How much does business insurance cost?
The cost of business insurance varies widely based on the size of the business, industry, location, and specific coverage needs. Small businesses might pay as little as $500 annually for basic coverage, while larger companies with more extensive risks could pay significantly more.
How can I save money on business insurance?
To save on business insurance: Bundle Policies, Shop Around, Increase Deductibles, Implement Risk Management.
How do I choose the right business insurance policy?
To choose the right business insurance, assess your business risks, consult with an insurance agent, and compare policies. Consider factors like your industry, the number of employees, and whether you own or lease property.
