Many businesses need glass insurance or boiler coverage but don’t realize it until something breaks. Renee Oliver Insurance Agency Inc. introduces more than 25 types of niche commercial coverage in this blog. Your Silver Spring, MD business won’t need every type of commercial insurance coverage, but it will need an insurance review before you buy a policy package. The review ensures that your commercial policy package contains all the necessary coverage to protect your financial investment.

Types of Commercial Policies for Physical Property

While most people think of commercial auto and workers’ compensation policies, today’s companies need many niche policies, too. Every company needs liability coverage, but many business owners miss out on coverage that helps protect against loss from things that go wrong with their building. Examples of these include:

• Glass insurance
• Boiler coverage
• Inventory coverage
• Business equipment policies.

Besides covering the physical structure with commercial property insurance, comprehensive protection requires adding niche policies.

Coverage for Commercial Liability Needs

Business liability covers the basics, but doctors, lawyers, nurses, nurse practitioners, dentists, and many others need extra coverage in the form of malpractice insurance. To protect today’s companies from loss due to data breaches or computer crashes, add cybersecurity liability insurance. Your staff might need added coverage in the form of umbrella coverage, key person insurance, and directors and officers insurance.

Protection from Unexpected Losses

A natural hazard like a hurricane can interrupt your day-to-day business, but business interruption coverage, also called business income insurance, protects you from losses. This coverage ensures the business can still pay its bills and employees.

Contact Us Today

Don’t take a chance on your commercial insurance coverage. Contact Renee Oliver Insurance Agency Inc. today to schedule a commercial insurance review for your Silver Spring, MD business. Let us help you build a commercial policy that fully protects your business.