Explore Business Insurance By Policy Type

Jump to the coverage types you're interested in to explore the best providers, costs and coverage, all in one place:

• General Liability
• BOP (Business Owner's Policy)
• Workers' Compensation
• Professional Liability
• Commercial Auto
• Commercial Property
• Cyber Insurance

General liability is the policy most businesses should get first, covering third-party claims of bodily injury, property damage, or advertising harm tied to your operations. A customer slipping in your store or a competitor alleging your ad copy defamed them are the kinds of situations it's built for. Many landlords and client contracts require proof of this coverage before you can even sign an agreement.

A business owner's policy(BOP) bundles general liability and commercial property coverage into a single policy at a lower cost than buying them separately. It's built with small and midsize businesses in mind, particularly those with straightforward, lower-risk operations. Companies that outgrow a BOP's limits eventually add specialized coverage or move to standalone policies.

If an employee is injured or falls ill on the job, workers' compensation covers medical bills and a portion of lost wages. It's mandatory in nearly every state once a business brings on staff, though the exact thresholds for when coverage kicks in vary by location.

Consultants, agencies, and other service providers rely on professional liability, sometimes called errors and omissions insurance, when a client alleges that their advice or work led to a financial loss. Unlike general liability, this policy addresses claims of negligence, mistakes, or missed deadlines rather than physical harm. Many client contracts in finance, tech, and consulting won't move forward without it.

Commercial auto insurance covers vehicles owned or used for business against accidents, damage, and liability on the road. Coverage can apply to a single work vehicle or an entire fleet, depending on business size. However, your policy needs will differ heavily if you're looking for insurance for commercial trucks, such as tankers, semis, dump trucks and other large specialized vehicles, which need specialty auto coverage.

Fires, storms, theft, and vandalism can all put a dent in the building, equipment, or inventory a business depends on, and commercial property insurance exists to cover that damage. It applies whether the business owns its space outright or leases it, and most policies also help cover lost income (through business interruption coverage) if a covered event forces a temporary shutdown.

Ransomware attacks and data breaches are the main threats cyber insurance addresses, triggering when customer or business data is compromised. Coverage can include breach notification costs, legal fees, credit monitoring for affected customers, and the technical work required to restore systems. As businesses handle more sensitive data online, this coverage has shifted from optional to necessary for financial protection.