Commercial insurance comes in many shapes and sizes. Learn about these two!
In general, most businesses will be insured against liability and property damages done to the business or third party. Each business is unique in its own necessities which means that each business has its own unique coverages that must be covered in order to best protect it. Listed below are some of the different types of business insurance that you may want to add to your existing business insurance.
Debris Removal Insurance
This covers the cost of removing the debris from a fire, flood, windstorm, etc. For example, if a flood knocks over and destroys your business, the remains will have to be cleared before you start reconstruction.
Boiler and Machinery Insurance
This coverage protects your business against the breakdown of boilers, machinery, and equipment. It also covers business interruption and property damage.
Business Interruption Insurance
If your business has to close for some time, you’re going to be without capital for those months that it is closed. This insurance reimburses you for that lost business.
Your business is something that you built from the ground up, and something that you want to protect. Commercial insurance can help ensure your business from the perils that it must face every day. Contact Udell Family Insurance in Westlake Village, California for all of your car insurance coverage needs.