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5 basic coverage options new businesses should consider

by The 100 Companies

Risk management is an inherent part of business management, and luckily there are wide ranging insurance policies that can protect your company’s financial future:

1. Professional liability insurance – Coverage if you or your business commits a mistake while offering professional services.

2. Business owner’s policy (BOP) – Combines business liability insurance and business property insurance, and can be customized.

3. Commercial vehicle/auto insurance – Covers all vehicles used for business purposes.

4. Commercial property insurance – Covers damage or loss to your business office/building and its contents.

5. Workers’ compensation insurance – Reimburses medical fees related to workplace illnesses or injury.

To learn more details about each, click here.

– Jeff Arnold, RightSure

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The Arizona 100