When you own a business on a commercial property, it is essential to get commercial property insurance in Minnesota. Doing so is a key component to minimize your risk as a business owner and provide financial protection for your staff, clients, and livelihood.
As an established insurance agency in Rochester, Minnesota, we will discuss the different types of commercial insurance available:
- Commercial Property
Commercial property policies are designed to protect business properties and their contents against theft, fire, and physical destruction. This type of policy can help cover the loss of income or an increase in expenses resulting from property damage.
- Professional Liability
This policy covers you from damages caused by errors that occur while on the job. This type of policy offers coverage against damage from errors or omissions in performing professional services or trade.
- General Liability
This type of insurance offers coverage to any company or business for personal injury, property damage, or bodily injury caused by your organization’s operations or products. This may also include injuries that occur on the business’ premises.
- Commercial Auto
Commercial auto insurance covers the vehicles used by your business. This includes any business-related vehicles and includes property damage, as well as bodily injury caused to others in the event of a road accident.
Learning the different types of commercial insurance will help you decide which one is best suited for your business. If you have questions about buying commercial insurance, we at Safechoice Insurance Agency are happy to help. As an independent insurance agency, we can help you find the best policy that fits your needs. Reach out to us to get started.