Commercial Lines Insurance: Coverage For Bigger Businesses

Commercial lines of insurance are designed specifically for businesses and account for more than half of all insurance coverage in the United States and plays a crucial role in the economy. 

Big Business Risks

Big businesses assume a great deal of risk in the running of their business. Not only are big businesses responsible for a large number of employees, but most are also responsible for the safekeeping of their customers through providing products and services that meet minimum standards. Commercial insurance provides protection for those times when something goes wrong and an employee or customer is injured or property is damaged.

Types of Insurance Available

There are several types of commercial coverage that big businesses must consider, including liability coverages, building and property coverage, medical malpractice insurance, marine insurance, theft and burglary insurance, and farm insurance. While not every big business will need all of the available coverage options, most will need several categories of coverage to protect them in case of a claim.

 

 

 

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