Commercial Insurance
Every company’s operation, number of employees, goods or services, and culture are unique. In our litigious society, business owners know they may face legal action in the future, so insurance is a cost of doing business. With this, start your Commercial insurance here in EC Insurance.
What exactly is Commercial Insurance?
Commercial Insurance, also known as business insurance, helps protect business owners from unexpected losses such as client lawsuits, customer or employee injuries, property theft, and damage, as well as other unexpected events. This is necessary to protect the financial health of your business and your assets or provide benefits to retain valued employees.
What are the coverage of EC commercial insurance?
General liability insurance- covers common risks including customer injuries, property damage, and advertising injuries. It is frequently necessary for leases and contracts.
Errors and omissions insurance (E&O)- also known as professional liability insurance, this policy protects your business from liability claims in the event that you are sued for a missed deadline, negligent act, or mistake that results in a financial loss.
Business owner’s policy (BOP)- acquiring a policy that combines commercial property insurance and general liability coverage is typically less expensive than purchasing them separately. A BOP protects your business and property from a variety of risks.
Cyber liability insurance- provides financial protection against the effects of data breaches and cyberattacks.
Commercial auto insurance- covers commercial vehicles owned by your business in the event of accidents, injuries, theft, vandalism, and other damages.
Workers’ compensation insurance- covers your employees for injuries and illnesses sustained on the job, while also protecting your business from these costs.