Commercial Insurance

Small BusinessCommercial insurance is meant for businesses and provides protection against most major property and liability risks in one package. A small package policy purchased by a business is meant for small and mid-sized businesses while a package policy is created for similar types of businesses that are faced with the same kind of risks. Large businesses usually go for a commercial package policy or have their policies as per the special risks they face.

A Commercial Insurance Policy Includes:

  • Property insurance for buildings and contents that are the property of a business. It has two variants – standard commercial insurance policy and special business insurance policy.
  • Business interruption insurance provides coverage for the loss of income caused due to loss in revenue caused by a covered peril.
  • Liability protection provides coverage against a company’s legal responsibility towards harm it may cause to others. This harm is a result of things that you and your employees fail to do in your business operations that may cause bodily injury or property damage due to defective products, faulty installations and errors in services provided.

Commercial insurance services are applicable to above situations only and do not include auto insurance, worker’s compensation or health and disability insurance. You will need separate insurance policies to cover professional services, vehicles and employees.

Monument Insurance Services provides affordable commercial property insurance rates in Edgewood and Catonsville, MD. If you have any question, contact us or call us at 410-679-4522 or 410-747-9111.