Essential Coverage

A BOP typically includes general liability, business property, and business interruption insurance.

Small to mid-sized businesses that own property or interact with customers benefit from BOP coverage.

Yes, additional coverages like cyber liability or commercial auto can be added.

No, workers’ comp is a separate policy but can be bundled for cost savings.

It covers third-party injuries, property damage, and legal defense costs.

While not always required, many landlords and clients require proof of coverage.

Coverage limits depend on business size, risk level, and industry.

No, employee injuries are covered under workers’ compensation insurance.

It includes liability, collision, comprehensive, uninsured motorist, and medical payments.

No, personal policies exclude commercial vehicle usage.

Yes, but hired and non-owned auto insurance is recommended for added protection.

They offer coverage tailored to businesses with fleets or company cars.

It includes damage to buildings, equipment, inventory, and business income loss.

It’s not legally required, but landlords and lenders often mandate it.

Yes, improvements made to rented spaces are typically covered.

Replacement cost covers new replacement expenses, while actual cash value accounts for depreciation.

General Liability covers bodily injury, property damage, personal and advertising injury, and legal defense costs for covered claims.

While not mandatory for all, it's highly recommended. Many businesses opt for General Liability insurance to protect against common risks and liabilities.

Yes, it can be tailored to your business's specific risks and needs, ensuring comprehensive protection.

It covers claims related to libel, slander, copyright infringement, and other advertising-related injuries that may occur during business operations.

It extends liability limits on general liability, auto, and other business policies.

Businesses with high liability risks, customer-facing operations, or large assets benefit most.

Umbrella insurance adds broad coverage, while excess liability increases existing policy limits.

We help you find the best coverage by comparing multiple carriers.

It includes data breach response, legal fees, and fraud prevention.

Any business that stores customer data or operates online should have coverage.

No, cyber threats require a separate policy.

Implementing strong cybersecurity measures can help lower premiums.

It covers legal fees, settlements, and court costs for employment-related claims.

Any business with employees faces potential HR-related lawsuits.

No, general liability does not cover employment-related claims.

Yes, policies are scalable and designed to fit business needs.

It covers legal costs, settlements, and judgments if a client claims financial loss due to professional mistakes.

Any business that provides professional advice or services can benefit from this coverage.

No, general liability covers physical injuries and property damage, while E&O covers financial losses from professional errors.

Yes, having coverage reassures clients that your business is financially prepared for potential claims.

If your business is in a high-risk flood zone, lenders may require it.

It includes damage to buildings, equipment, inventory, and loss of business income.

No, flood coverage must be purchased separately.

Yes, and lower-risk areas often qualify for reduced premiums.

It covers employee dishonesty, fraud, forgery, and cyber theft.

Any business handling cash, sensitive data, or valuable goods should consider it.

It may cover burglary but not internal fraud or embezzlement.

Some policies include digital theft, but cyber liability insurance offers broader protection.

Contractors, property owners, and developers working on new construction or major renovations.

It includes coverage for materials, labor, tools, and temporary structures.

Some policies offer delay coverage for financial losses due to construction interruptions.

Yes, additional insured endorsements can extend coverage to subcontractors.

Any business that serves, sells, or distributes alcohol should have coverage.

It covers legal fees, settlements, and damages from alcohol-related incidents.

No, liquor liability requires a separate policy or endorsement.

Yes, short-term event policies provide coverage for alcohol-related risks.

Event organizers, venues, and vendors hosting private or public events should consider coverage.

It includes liability for injuries, property damage, and event cancellations.

Some policies offer cancellation coverage, including lost deposits and vendor issues.

Yes, wedding insurance provides similar protections.

It’s a financial agreement ensuring a business meets its contractual obligations.

Contractors, financial professionals, and businesses required by law or contract to provide a financial guarantee.

No, it’s a three-party agreement ensuring performance, not coverage for damages.

The surety company covers the financial obligation, but the business must repay the bond.

It includes vessel damage, cargo loss, and liability for maritime operations.

Shipping companies, freight carriers, and import/export businesses should have coverage.

Some policies include protection against piracy-related losses.

Yes, single-shipment policies are available for businesses that ship infrequently.

It covers property in transit, contractor tools, and mobile business equipment.

Contractors, vendors, and businesses transporting high-value goods benefit most.

No, inland marine covers land-based transportation, while ocean marine covers sea transport.

Yes, some policies include coverage for borrowed or leased tools.

Businesses handling chemicals, waste, or pollutants should consider coverage.

It includes pollution liability, cleanup costs, and legal defense expenses.

Some industries must carry coverage to meet regulatory requirements.

Some policies offer coverage for pre-existing contamination risks.

It includes HVAC systems, electrical panels, machinery, and computer equipment.

Any business that relies on critical equipment for daily operations should consider it.

No, property insurance covers external damage, while breakdown insurance covers internal failures.

Yes, some policies include income loss coverage if operations halt due to equipment failure.

Businesses with essential executives, founders, or revenue-driving employees should consider it.

It provides a death benefit to the company, helping maintain operations and transition planning.

Premiums are not tax-deductible, but benefits are typically tax-free.

Yes, businesses can purchase policies on key individuals to protect financial stability.

It covers legal defense, settlements, and financial losses from benefit plan mismanagement.

Employers, HR teams, and benefits administrators overseeing retirement and health plans should consider it.

It’s not mandatory, but businesses handling employee benefits can face lawsuits without it.

Yes, it helps protect against claims of mismanagement in retirement plans.

It’s a form of self-insurance where a business creates its own insurance subsidiary.

Businesses with high-risk exposure or specialized coverage needs often use this model.

Yes, it’s a legitimate risk management strategy regulated by state and federal laws.

It reduces reliance on third-party insurers and allows businesses to control claims and premiums.

Life insurance covers death from any cause, while AD&D covers accidental deaths and severe injuries.

Employers offering benefits packages can provide this coverage to employees.

Many plans offer tiered coverage options based on salary or personal preference.

Yes, it provides additional financial protection for accidents that cause disability or loss of life.