When you begin your business, it is essential to first purchase insurance immediately. Commercial Insurance has three common types, property, liability and worker’s compensation. These will generally cover damages to your property, damages to 3rd parties and on-the-job injuries. Here is a little more information that can help you with the importance of commercial insurance.
Besides the big three – health, home and life insurance – the world of insurance is a murky one. Just about everyone follows the general rule that you should insure the things you can’t afford to lose, but it isn’t always easy to know which types of insurance you need. While taking stock of what you already have, here are three types of insurance coverage you may not have but really should.