Why you Need Commercial Insurance for Business Liability in Frederick MD

Business insurance pays for losses that happen during the course of business events. You can choose from many policies that cater to all businesses or niche markets. Business insurance includes legal liability, property damage, and personal injury, among other risks.  Ask your Lebherz Insurance how to best protect your business with the appropriate business insurance. Meanwhile, here’s some information to get you started. 

What is Business Insurance?

Small businesses are particularly at risk since they have smaller reserves and greater personal financial exposure. Are you wondering what is available? Take a look at the different insurance policy other you can consider:

Professional liability protects you from negligence due to mistakes or failure to complete a contract.  There is no one-size-fits-all professional liability coverage. Each industry has its own unique concerns that should be addressed.

Property insurance pays for lost, stolen or damaged items, such as signage, equipment, furniture, and inventory, in a storm, robbery or fire. 
It doesn’t cover earthquakes or floods. 

Home-based businesses need additional insurance since homeowner’s insurance probably won’t cover liability related to your business. 
Homeowner’s policies don’t cover home-based business risks. 

Product liability insurance covers manufacturers who make, sell and distribute their products.  This is crucial in the event of a lawsuit against your products.

Business interruption insurance if a great relief if you have to close a retail store or other location. Ask your agent what’s covered and how it’s relevant to your business.

At Lebherz Insurance, you can contact a representative to set up an appointment to discuss the insurance needs of your Frederick, MO experience.  Stop by for information and to receive a quote for your personal and business insurance needs.