Although not required by law, commercial property insurance is essential coverage that protects a business’s physical assets from damages or theft. While there are numerous commercial property insurance companies, each provider varies in its premium rates, covered perils, supplemental services, and industry specialties. We reviewed more than 20 of the best commercial property insurance companies…
Professional liability insurance protects businesses from claims of negligence or malpractice related to a service that resulted in a loss to the customer or client. Sometimes called errors & omissions (E&O) coverage, these policies are customized to the specific industry that the business operates in. We reviewed the best professional liability insurance companies on the…
Workers’ comp insurance for self-employed is a policy business owners buy in case they’re injured while performing job duties. The coverage pays lost wages and medical bills related to the injury and allows the self-employed to keep his business afloat while recuperating. Most self-employed contractors should strongly consider getting a policy to protect their own…
Beauty salons offer a range of services that take place on their premises and involve a good amount of equipment and supplies—exposing them to unique risks. To be fully protected, salon owners need to shop for various insurance coverages including general liability, commercial property, workers’ compensation, professional liability insurance. and possibly even hired and non-owned…
Business insurance brokers act as a “middleman” to connect businesses with commercial insurance providers while offering the benefit of quick comparisons between carriers. Brokers can pair you up with the right coverage packages and limits to best serve your unique business needs. The best business insurance brokers are partnered with the biggest carriers, offer various…
The best small business insurance companies offer core policies like general liability, plus a broad range of additional coverages that many small businesses need. The top companies offer affordable premiums and have excellent financial ratings that show policyholders can trust them to pay claims. Our picks for the best insurance for small businesses are: :…
A business owner’s policy (BOP) packages general liability and commercial property into a single policy that covers businesses’ most common risks. It’s often more convenient and more affordable to buy a BOP than to purchase these policies separately. On average, BOP insurance ranges from $500 to $4,900, depending on the chosen coverage and the business’s…
Janitorial and cleaning businesses typically need to purchase a group of insurance policies to cover their risks and protect their assets. Every cleaning business, from residential maid services to commercial janitorial companies, needs business insurance. Which policies they buy and how much their coverage costs depends on their business operations. General liability for a small…
