2. Types of business insurance
There are many types of business insurance and each type has its benefits and drawbacks. With that said, you should know what type of insurance you need for your business, what it covers, and how much it will cost. The types of business insurance include: -General Liability Insurance -Professional Liability Insurance -Workers Compensation Insurance -Property Insurance -Inventory Insurance -Employment Practices Liability Insurance -Auto Insurance -Liability Insurance -Crime Insurance -Commercial Auto Insurance -Business Income Insurance -Business Interruption Insurance -Business Umbrella Insurance -Commercial Business Insurance -Business Boiler and Machinery Insurance -Commercial Umbrella Insurance
3. What is property insurance?
When you have a business, property insurance is one of the most important things that you should have. It covers your business against damage, theft, and natural disasters. Property insurance is not mandatory but it is highly recommended. It can be expensive, but it is worth it.
