What are the Different Types of Business Insurance?
There are many types of business insurance available to business owners. While all companies should have certain types of business insurance, insurance needs can also depend on the specific business model or structure in question. Many insurance companies offer “business owner’s insurance” or “commercial liability policies.” These policies offer a basic package of business insurance and can be supplemented with additional insurance as needed. While different types of business insurance may be bought separately, they can also sometimes be purchased as a package, which may be more cost effective.
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