General liability—This provides coverage if a third party files a lawsuit against your business for bodily injury or property damage. It may pay for the medical expenses or legal costs that arise from that claim.

Property insurance—If your company’s physical assets (e.g., your building or furnishings) are damaged by covered events such as fires, burst pipes or vandalism this coverage may help compensate those property losses.

Inland marine insurance—If your business’s equipment and tools are damaged as they are being transported, this coverage may provide repair or replacement costs.

Builders risk insurance—This coverage may help protect your building materials and supplies if they are damaged by covered risks such as fires, theft or vandalism during a construction project.

Business Interruption Insurance. If a covered event causes your company to stop operations temporarily, this coverage may help you pay for overhead expenses until your normal business activities resume.

Commercial auto insurance—If a business vehicle is involved in an accident, this may cover medical expenses, legal costs, and property damage. It is a separate policy from your personal auto insurance.

Workers’ compensation—If your employees are injured on the job, workers’ compensation may help pay for their medical expenses and lost wages. 

Errors and omissions insurance—If a customer files a lawsuit alleging a mistake, oversight or negligence in connection with your professional services, this insurance may cover the associated costs.

Pollution liability insurance—This may provide coverage if claims arise that your business’s operations released pollutants that injured or caused property damage to third parties.

Umbrella insurance—If your business is responsible for a severe accident or significant property damage that exceeds your other coverage’s limits, umbrella insurance may offer additional financial protections.