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It also ca pay for the medical bills of injured third partiesĬommercial Auto Insurance: For vehicles owned by the business. Commercial liability insurance pays damages and can include attorney's fees and other legal expenses. Customers can claim you injured them or damaged their property - and lawsuits are very expensive. Slip-and fall lawsuits are very common and be costly. Liability Insurance: Any company can be sued. Commercial property insurance covers the buildings, structures and also business personal property - which includes furniture, inventory, raw materials, machinery, computers and other items. Property Insurance: This policy covers a business if the property used in the business is damaged or stolen as the result of common perils like fire or theft. Most small businesses need to buy the following four types of insurance at a minimum to cover their operations from every day risks: Get useful tips and information about how much commercial insurance costs, small business risks and exposures, how insurance regulations effect your businesses' and detailed descriptions of coverages and exclusions and more.

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How To Comapre Small Business Insurance Policies.How Much Does Workers Compensation Insurance Cost?.How Much Does General Liability Insurance Cost?.How Has COVID-19 Coronavirus Affected The Commercial Insurance Industry?.How Does General Liability Insurance Work?.General Liability Class Codes For Commercial Insurance.Does My Business Need Commercial Flood Insurance?.Does Business Interruption Insurance Cover COVID-19 Coronavirus?.

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