Compass Insurance Partners’ business commercial property insurance can protect your business from a minor hiccup to a major financial loss. Whether you own your building, lease your workspace or work at home, business property insurance protects your business’ physical assets.
Small business property insurance is one of the most important investments ensuring the future of your business. Here are some of the important aspects of your business that commercial property insurance helps protect:
- Your building
- Your outdoor sign
- Your furniture and equipment
- Your inventory
- Your fence and landscaping
- Others' property
Business Owner's Policy
A business owners policy combines property insurance, liability insurance, crime coverage and additional protection into one convenient package.
Business insurance is a necessity for even the smallest company in order to protect and maintain its financial health. At Compass Insurance Partners, we understand how important that is.
Business owners insurance from Compass Insurance Partners offers coverage for businesses with fewer than 100 employees and less than $5 million in sales. Common Business Owner's Policy coverage includes:
- Property insurance, which protects your building, equipment and inventory
- Business income insurance, which covers lost income if your operations are suspended because of a covered loss
- Equipment breakdown insurance, which protects you if your equipment is damaged from power surges, mechanical breakdown, burnout or operator error
- Personal and advertising injury coverage, which covers copyright infringement, libel and slander
- Bodily injury and property damage liability, which covers those instances when your employees, products or services cause harm to other people or their property
- Medical payments coverage, which covers medical expenses resulting from injury to others on property you own or rent
- Rented vehicle coverage, which provides liability coverage for autos that you lease, hire or borrow
General Liability
With the day-to-day uncertainties of small business management, general liability insurance is something you cannot do without. Accidents happen – on site, off site, with employees and with customers – no matter how much you’ve planned.
Liability insurance can help cover medical expenses, attorney fees and damages you are legally responsible for. It can also offer protection against situations that may not have even crossed your mind.
For example, any individual or business providing an opinion, making recommendations, designing solutions or offering a service is at risk for a professional liability lawsuit. Compass Insurance Partners can help with defense costs, regardless of fault. And we offer protection for judgments, court costs and more.
