Three of the most common types of business insurance include:
- General liability insurance – Helps cover third-party injury, property damage, and legal claims involving your business.
- Commercial property insurance – Protects buildings, equipment, and inventory from losses caused by events such as fire, theft, or certain weather incidents.
- Workers’ compensation insurance – Provides medical and wage benefits for employees who are injured while working.
Many businesses combine these policies to create a stronger protection strategy that covers both liability risks and operational assets.