Commercial Insurance In Maryland
How can you protect your business against lawsuits and events, such as fire or natural disasters, that force you to close your doors? Commercial insurance safeguards your business for covered perils. Talk to a representative from Thompson Insurance Agency in Maryland to determine the best coverage for your business.
Types of Business Insurance
You can tailor your business insurance policy to include coverage specific to your situation. However, most commercial policies include property insurance and general liability.
This coverage pays for damages and losses to personal and real property. For instance, most property insurance policies handle fire damage to commercial office space.
Business Interruption Insurance
This type of commercial insurance reimburses you for expenses and lost income due to unexpected losses. If water damage from a fire forces you to close your business for six weeks, business interruption insurance kicks in to pay for taxes, rent, salaries, and profits you missed out on.
When you or a covered employee cause bodily injury to someone in your place of business, liability insurance pays for medical bills and property damage, as well as your related legal costs. Ask your agent about the options available under general liability insurance that might benefit your business.
Errors and Omissions Insurance
Errors and omissions insurance protects you against unintentional mistakes that cause injury to your clients. For example, E & O insurance might cover an accountant who made an error on a client's taxes.
Malpractice insurance protects businesses against injuries to another person due to an adequate standard of care.
Contact Us Today
Contact Thompson Insurance Agency in Maryland for more information on commercial insurance for your Maryland business. We'd be happy to set up an appointment for a free quote today.