Business owners have a lot on their plate, from managing employees and inventory to making sure they comply with the commercial laws applicable in each state and making sure they have the right type of insurance coverage to protect their investment (and hard work).

As local Pennsylvania independent insurance agents, we work with business owners all over the state to make sure they have the right commercial insurance policies that fit into their budget and don’t leave dangerous gaps in coverage. We can also compare quotes from a wide variety of insurance companies to find the best coverage to fit your budget. If you’re trying to decide what type of business coverage to purchase, you’ll want to have a good idea of the types of coverage available to you.

1. Liability

Liability coverage for businesses protects business owners against litigation and claims of negligence, personal injury, property damage, or other damages associated with your products or services.

2. Product Liability

If you manufacture or market products to the public, product liability insurance will protect you against claims of defective products that cause injury, property damage, or other harm.

3. Professional Liability

This type of coverage protects you against claims of errors and omissions in services you provide to your customers. Depending on your industry, your state might require you to maintain minimum levels of professional liability insurance.

4. Commercial Property

This is the commercial version of home insurance; it protects your store, warehouse, or other business property against theft, vandalism, weather, and other damages up to agreed-upon limits.

5. Commercial Auto

You’ll be required to maintain at least the same minimum liability coverage on company vehicles (which includes any vehicle used for your business’s purposes) as on your personal vehicles.

Depending on your situation, other types of commercial insurance may also be applicable. One of our independent agents can talk to you about your options, including bundling coverages into a Business Owner’s Package (BOP) which will help you save by bundling any of the relevant above policies into an all-in-one package.