General liability insurance: Can help cover expenses and attorney fees resulting from injuries or property damage claims for which your business may be legally responsible. This policy may cover costs that accrue if an injured third party decides to sue your business. General liability insurance policies typically have four coverage elements: 

Premises liability covers you if a person not employed at your business becomes injured on your property. 

Products liability covers you if a product or service causes injury to someone’s body or inflicts damage on a consumer’s personal property.  

A personal injury is when your business inflicts physical, financial or mental damage to a third party. 

Advertisement injuries are caused by alleged misinformation, copyright infringement or slander made by your business. 

Workers’ compensation: This policy is required in most states and is used to help cover medical bills or wage replacement for employees who experience a work-related injury. 

Business interruption insurance: This coverage can help replace income you lose if you can’t open temporarily after a covered loss, like property damage. 

Commercial auto: This policy helps cover the costs of an auto accident if you or an employee is at fault. This coverage can help pay for damaged property and medical expenses. 

Commercial property insurance: This coverage helps you if your business experiences a loss such as a fire, explosion, burst pipe, storm or theft. Commercial property insurance helps compensate you for losses or damage to your building, leased or owned equipment and other property on the premises.  

Employment practices liability insurance: This policy helps cover wrongful acts that occur during the employment process, such as claims of discrimination, wrongful termination, sexual harassment or retaliation. This coverage also helps reimburse you for the costs of defending a lawsuit in court and for judgments and settlements. 

Professional liability insurance: Also known as errors and omissions (E&O) insurance, this policy can help protect your business against claims that a service you provided caused a client to suffer due to a mistake or failure on your part. 

Directors and Officers Liability Insurance: This policy helps protect directors and officers of corporations or not-for-profit organizations if there is a lawsuit claiming they managed the business or organization without proper regard for the rights of others.  

Cyber liability insurance: This coverage helps protect your business from a cyber attack or interruption that can cause a loss in data, revenue or trust between you and your customers.