Are you interested in getting business insurance but not sure how to get started? Do you have questions about your current insurance coverage? At Insurax, we’re here to help.
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Business insurance, also called commercial insurance, provides crucial protection for any small business. If there’s an accident at your business, you could face a lawsuit. The high cost of litigation, medical bills, and property damage claims is the primary reason businesses need insurance.
No single insurance policy covers everything. In general, there are two broad areas of coverage:
Business Liability Insurance covers incidents in which someone holds your business responsible for damages, injury, or loss.
Commercial Property Insurance pays for repair or replacement of damaged or stolen business property. It also covers your building if you own it.