Property Insurance is one of the most common types of insurance coverages. Big or small, business property is a vital component to your business. We typically think of bigger items such as property, but often it’s smaller item such as files, equipment and computers that are most important to your business.

Commercial Auto insurance covers a combination of vehicle – cars, trucks, vans, etc. Coverage provides bodily injury liability and property damage. Hired & Non Owned Auto symbols are often added to Commercial Auto insurance policies, as often times, employees of the company are using their own vehicles on company time.

It was once believed that only large corporations required Cyber Liability – companies such as Mastercard, Target, big Health Systems. That is proven to be no longer the case. As more documents are stored digitally, personal information such as credit card numbers, social security numbers, or private health information can be stored on your personal devices.

Employment Practices Liability Insurance (EPLI) covers claims of employees who feel their legal rights have been violated in the course of employment. Companies, big and small, can be exposed to EPLI type claims. Claims can include sexual harassment, discrimination, wrongful termination claims, and much more.

This type of insurance is probably one of the most important coverages you can have to protect your business. An umbrella policy will make up for gaps or coverage limitations on existing polices. An umbrella covers any extraordinary losses that exceed the limit on an underlying policy (GL/PL, Commercial Auto, Employers Liability, and more).

This type of insurance is also know as General Liability (GL) and protects you and your business from third party claims stemming mainly from Property Damage or Bodily Injuries. The GL policy also provides protection for Products Liability claims and for Advertising Liability claims. Most of these policies have specific exclusions for employment related claims or for professional liability claims, as both of these areas are better covered under other types of insurance policies.

This type of insurance protects physicians, the entity where he/she works, or any one of the ancillary medical providers who also work at the practice such as Physician Assistants or Nurse Practitioners. Often times, when it comes to medical malpractice claims, lawsuits will name numerous parties who may have ever had been involved in the treatment or helped determine the outcome of the patient’s care.

Professional Liability (PL) can also be referred to as Errors & Omissions, and in the world of healthcare, its commonly known as Medical Professional Liability or simply Medical Malpractice Insurance. General Liability policies exclude “professional services”, so this is why you often see PL and GL coverages being paired together on a single policy.

Workers Compensation insurance pays for employees on the job injuries. This is a compulsory insurance coverage in just about all states and required for any employer with as little as one W2 employee. It provides coverage for lost wages, medical bills, and any legal fees.