Coverage Types

Clear explanations of the main types of small business insurance: what each policy covers, what it usually excludes, and who needs it.

Coverage Types General Liability Insurance for Small Businesses: What It Covers and What It Doesn't A plain-English guide to commercial general liability (CGL) insurance: the three core coverages, common exclusions, how limits work, and who needs it. Coverage Types Business Owner's Policy (BOP): A Plain-English Guide What a business owner's policy bundles together, which businesses usually qualify, what it leaves out, and how to decide if a BOP fits your business. Coverage Types Workers' Compensation Insurance for Small Businesses: The Basics How workers' compensation works, why requirements differ by state, what it pays for, and the questions small employers should ask before buying. Coverage Types Professional Liability (E&O) Insurance: Who Needs It and Why What professional liability or errors and omissions insurance covers, how claims-made policies work, and which service businesses should consider it. Coverage Types Commercial Auto Insurance for Small Businesses When your personal auto policy stops covering business driving, what commercial auto insurance covers, and how hired and non-owned auto coverage fits in. Coverage Types Certificate of Insurance (COI): What It Is and How to Get One What a certificate of insurance shows, why clients and venues ask for one, what 'additional insured' means, and how to request a COI quickly. Coverage Types How to Buy Small Business Insurance: A Step-by-Step Guide A practical step-by-step process for figuring out what coverage your small business needs, comparing quotes, and avoiding common buying mistakes. Coverage Types Commercial Umbrella Insurance: Extra Liability Protection Explained How a commercial umbrella policy adds extra limits above your general liability, auto and employer's liability coverage, and when a small business should consider one. Coverage Types Cyber Liability Insurance for Small Businesses What small business cyber insurance covers, the difference between first-party and third-party coverage, common gaps like funds transfer fraud, and how to lower your risk. Coverage Types Tools and Equipment Insurance (Inland Marine) for Contractors How tools and equipment insurance protects gear that moves between job sites, scheduled vs. unscheduled coverage, theft conditions and what to check. Coverage Types Business Interruption Insurance: How It Works and What It Pays How business income insurance replaces lost income after covered property damage, the role of waiting periods and the period of restoration, and common limitations. Coverage Types Surety Bonds Explained: License, Bid, Performance and Payment Bonds How surety bonds differ from insurance, the main types small businesses encounter, what determines the cost, and what an indemnity agreement means for you.