Commercial insurance is more than just one policy you purchase for your business. In fact, commercial insurance is a broad term that encompasses several kinds of policies business owners need. If you’re planning on starting your own business, it’s essential that you know how commercial insurance is designed around your needs and what policies make the most sense for your venture.

Here’s your guide to the various kinds of commercial insurance. When you’re ready to start acquiring policies for your business, you can come to us here at Murvay Insurance, serving Newport Beach, CA.

What Does Commercial Insurance Encompass?

You’ll likely need several commercial insurance policies to operate your business safely. While the list of all the available commercial insurance policies would be extensive, the most important and top insurance policies you’ll be investing in include:

• General liability insurance, which covers bodily injury as well as property damage (for leased/owned spaces)
• Commercial property insurance, for your physical property and contents
• Cyber liability insurance, which covers you if there’s a data breach and sensitive customer data is stolen
• Commercial auto insurance for your fleet
• Business interruption insurance, in case you have to temporarily shut down your business after a covered event
• Workers’ compensation insurance for workers injured on the job (This is legally required.)

Commercial insurance is essential if you plan on starting your own business. Keep the above in mind so you know what to shop for once you’re ready to launch your business. 

Invest in Commercial Insurance With Murvay Insurance

If you’re in Newport Beach, CA, and you’re ready to get business coverage for all aspects of your operation, contact one of ur agents at Murvay Insurance. We’re happy to help.