· Property insurance for buildings and contents owned by the company. There is a standard form and a special form where the latter provides more comprehensive coverage.
· Business interruption insurance which covers the loss of income resulting from a covered peril. This could be the result of a fire, natural disaster, or downed power lines that cause standard business operations to stop. This can also include the extra expense of operating out of a temporary location.
· Liability protection. This covers your company legal responsibility for the harm that it may cause to others. This harm is a result of things that you or your employees can do (or fail to do!) in your business operations that may cause bodily injury or property damage due to defective products, faulty instalments, and errors in services provided.
Business owners should note that BOPs do not cover professional liability, auto insurance, worker's compensation, or health and disability insurance. For these coverages, separate insurance policies will need to be purchased! If you're a business owner looking to receive suitable coverage in a nifty package, contact Little & Sons Insurance Services serving Banning.
