When it comes to starting a small business, it’s important to protect your investment with commercial insurance. Any insurance agency can issue a policy, but you need to understand the types of commercial insurance available to know where your coverage lies. Trust Accredited Insurance Group of Omaha, NE, to provide the answers to all of your pressing questions.

Here are the most important definitions to know regarding commercial insurance:

• Commercial Liability Insurance: A small business that is sued by a customer or third party can end up with significant legal expenses. Liability insurance offers the most basic commercial insurance protection available. In this case, an insurance agency will pay the legal fees and any damages resulting from the case up to the limit of the policy—including personal injury, property damage, and more. However, this policy will not pay to fix damages to your business.
• Commercial Umbrella Insurance Policy: This is an additional policy on top of typical liability insurance. If the damages or costs exceed the limit of your liability insurance, the umbrella policy picks up the slack. What’s more, the umbrella policy covers many more damages than the liability policy, allowing for the added protection of your building, tools, and fleet.
• Employers' Liability Insurance: This helps to cover any financial damages that result from an employee suing your small business for personal injury, harassment, discrimination, and the like. Make sure your commercial insurance policy protects you in these scenarios so you can run your enterprise with complete peace of mind.

These are just a few of the types of commercial insurance policies available to ensure your business is protected from financial catastrophe. To learn more about the commercial insurance coverage that’s right for you, call Accredited Insurance Group of Omaha at (402) 334-1780 today. Visit the website to request an insurance quote.