Types of Business Insurance You Have to Know ; Part I

Insurance business is a broad description that can be decomposed into a list of nine types of insurance, you have to know and here I will briefly explain the gaps and develop these issues as separate. For now, this general description, so we speak the same thing when I use the terms in the article later.

Property Insurance
Property insurance guarantees against loss or damage to the company site and its contents. It can also ensure the welfare of others in
your order, if the loss occurs. Property insurance an be for certain risks. For example, fire insurance to ensure that the fire loss to the site. Tornado no fire, so the loss will not be covered. Insured location can be owned, leased or rented.


Accident insurance
Some flat property insurance and casualty insurance together and refer to the property and casualty insurance coverage. In fact, packaged policies of property and casualty insurance can often make the best purchase of the entrepreneur. However, the idea of ​​the difference between the coverage, I will discuss this as a separate type of insurance. Accident insurance covers against loss or damage to the community.

Liability insurance
Guarantee liability insurance against liability imposed by law on your business due to negligence of the Company or its employees. In other words, protect your company if the company sued for negligence.

Commercial car insurance
Your personal car insurance policy for vehicles not used by your company. If your business uses vehicles or anything that needed to be titled by your state, you need auto commercial insurance policies. Motor trade insurance guarantee against damage to vehicles and property damage caused others by those vehicles.
Reference: hxxp://businessinsure.about.com