Selecting a commercial liability policy that is right for your business does not take the help of a quantum physicist. You just need to consider the unique needs of your business in order to determine which policy suits you best. Here are a few questions you may ask to help you make your decision.
- Does the policy cover injuries occurring away from the property of the provider?
- Will the policy provide immediate financial support for legal counsel in the event of a lawsuit?
- Does the business liability insurance policy protect by business income if my house is damaged and I have to shut down my business for a short time because of storm, flood or fire damage?
- How much coverage does this policy provide?