What Types of Insurance Does a Small Business Owner Need?
You’ll also want to think about what you use to keep your business running, like tools and equipment. Certain coverages can help protect these belongings. To learn more, call our specialists at 855-829-1683
. They’ll help walk you through the right coverages and limits for your company.
This policy combines business property and el seguro de responsabilidad comercial
into one. We can then help you customize it to fill in any gaps that your BOP doesn’t cover. You can count on us to make sure you’re prepared for accidents, liability lawsuits and damaging weather that comes your way.
Types of Small Business Insurance Coverages
Seguro general contra terceros
For example, if a customer slips and falls while shopping in your store, this coverage can help pay for their medical bills. Without it, you’ll have to pay these costs out of pocket.
Seguro de propiedades comerciales
For example, if a fire damages your office building, this coverage can help replace your equipment inside.
Seguro para ingresos comerciales
Business income insurance
helps replace lost income from fire, wind damage, theft and other covered losses. So, if you have to temporarily shut-down your restaurant due to a fire, this coverage can help pay your lost revenue.
Workers’ Compensation Insurance
- Atención médica
- Lost wages if your employees need time off to recover
- Disability benefits
- Funeral expenses
So, if your employee lifts too many heavy boxes and gets tendonitis, this coverage can help pay for their medical treatment.
Seguro comercial para automóviles
If you have employees that drive for your business, you’ll want el seguro comercial para automóviles
. This policy helps cover accidents if you or your employees are at-fault. For example, if your worker is using your company’s van for deliveries and accidently hits a customer’s car while leaving your business, this coverage can help pay for the damages.
This insurance is especially important if your business:
- Has workers that drive leased, rented or owned company vehicles
- Owns, leases or rents vehicles
- Has employees that drive their own cars for their job
Seguro de responsabilidad profesional
For example, if your employee gives a client financial advice that causes them to lose money instead of gaining it, your customer may sue you for negligence. This coverage can help pay your legal fees.
Seguro para la pérdida de datos
Most small businesses store important personal information for their customers and clients. To help keep it safe from hackers, you’ll need data breach insurance
. For example, if your computer gets a virus that steals important customer information, this coverage can help pay to:
- Notify impacted customers, patients or employees
- Hire a public relations firm
- Offer credit monitoring services to data breach victims
Do I Need Liability Insurance for My Small Business?
Benefits of Packaging Different Types of Small Business Insurance
We can help you save money on business insurance
costs by offering a packaged policy. For example, you can bundle these three insurance coverages into one with our Business Owners’ Policy (BOP):
- General liability insurance
- Business income insurance
- Commercial property insurance
We also offer packaged policies for various industries. For example, if you want comprehensive coverage for your dental practice, we offer dental office insurance
What Is a Small Business Owner’s Policy (BOP)?
Packaged policies, like a BOP allow you to protect your business from:
- Daños a la propiedad
- Lost income
- Liability claims
Last Updated: August 14, 2023
1 Based on an analysis of five years of claims data (2010-2014) from more than 1 million Hartford Business Owner’s Policies.
Divulgaciones adicionales a continuación.