Directors and officers insurance protects the personal assets of a company’s leaders when they’re sued over decisions made on the company’s behalf, not the company itself. If your business has a board of directors, outside investors, or even just a couple of co-founders making strategic decisions together, the people making those decisions can be sued … Read more
Business interruption insurance replaces the income you lose when a covered event forces you to shut down temporarily, not just the physical damage that caused the closure. If a fire, burst pipe, or wind damage shuts your storefront for three months, your property insurance pays to fix the building — but nothing pays your rent, … Read more
Employment practices liability insurance, often shortened to EPLI, protects your business against claims from employees alleging wrongful termination, discrimination, harassment, or retaliation. The moment you hire your first employee, you take on a risk that has nothing to do with slip-and-falls or defective products: the risk that an employee — or former employee — sues … Read more
Commercial umbrella insurance kicks in once a lawsuit or claim exceeds the limits on your underlying general liability, auto, or employer’s liability policy. A commercial umbrella policy doesn’t add new types of coverage — it adds more of the coverage you already have, sitting on top of your general liability, commercial auto, and employer’s liability … Read more
If your business makes, distributes, or sells a physical product, product liability insurance protects you when that product injures someone or damages their property. If your business makes, sells, distributes, or even just imports a physical product, general liability insurance alone doesn’t fully cover what happens when that product hurts someone or damages their property. … Read more
Commercial auto insurance is almost always required the moment a vehicle is titled to your business or used to haul tools, equipment, or paying customers. If you or anyone on your payroll drives anywhere for work — even just running to the post office in a personal car twice a month — your personal auto … Read more
