Commercial Insurance
Commercial Insurance Commercial insurance is a critical component for businesses of all sizes, providing financial protection against a variety of risks that can affect operations, assets, employees, and legal liabilities. Unlike personal insurance, commercial insurance caters specifically to the needs of businesses, offering tailored policies designed to cover the complexity and scale of business activities. What Is Commercial Insurance? Commercial insurance refers to insurance policies that protect businesses and organizations from losses due to events such as property damage, legal claims, employee injuries, business interruptions, and cyber threats. These policies are essential for safeguarding the financial stability and reputation of a business. Common Types of Commercial Insurance General Liability Insurance : Covers third-party claims for bodily injury, property damage, and advertising injury. For example, if a customer is injured on business premises or if the business i...