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What does business insurance cover?

Commercial Property

Covers your building, equipment, inventory, and contents against perils like fire, theft, and vandalism — whether you own or lease your space.

General Liability

Protects your business if a customer or third party is injured, or if their property is damaged, as a result of your operations.

Business Interruption

Replaces lost income and helps cover ongoing expenses if a covered loss forces you to temporarily close or relocate.

Coverages to Consider

Depending on your industry, these additional protections are often worth discussing:

  • Cyber Liability: Protection against data breaches, ransomware, and other digital threats.
  • Equipment Breakdown: Coverage for sudden mechanical or electrical failure of essential equipment.
  • Commercial Auto: Coverage for vehicles used in the course of running your business.
  • Professional Liability: Protection against claims of errors, omissions, or negligent advice.

Frequently Asked Questions

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A growing library of guides, downloads, and audio to help you understand business insurance.

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Insurance Handbook_Charities and Not-for-Profit Organizations

This handbook is written for the people who carry legal and fiduciary responsibility for a not-for-profit organization: executive directors, managers, board members and the volunteers who serve alongside them. It has two purposes. The first is to explain what a not-for-profit should look for when selecting a brokerage and building an insurance program. The second is to describe the coverage types that are commonly available to charitable and not-for-profit organizations, so that leaders can recognize what they have, what they are missing, and what questions to ask.

"PDF - 198 KB"

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