Property Insurance protects against direct physical loss to covered property at premises you own or rent, resulting from a covered cause of loss.
Coverage can be provided for buildings, business personal property, loss of income, and extra expenses. Rates are based on how the occupied building was constructed, its location, age, size, and cost of replacement.
Liability Insurance provides coverage for bodily injury and property damage to the public or your customers at your business premises or where your operations are conducted. Coverage can also be provided for your products and completed operations. This protection also includes the cost of attorney's fees.
With cyber security becoming a growing concern in today’s world, most businesses that keep any type of customer data stored in their computer systems will want cyber liability insurance. Data breaches from cyber attacks can result in costly damages. It only takes one stolen laptop, resourceful hacker, or computer virus to compromise your network.
Coverage is provided for bodily injury and property damage liability for owned automobiles used in your business. Coverage can also be extended to vehicles that you rent or borrow. Physical damage to your vehicle is covered by comprehensive and collision coverage.
Liability insurance is important, as it protects your business from unfortunate events that often concern customers. Liability insurance protects you from the costs of defending against or settling claims from slips and falls, defective products, property damage, etc.