About business liability insurance
It's not just a business' assets that need the protection that insurance provides. There is also the company's exposure to litigation to consider. Like it or not, occasions will arise where your business could be held responsible for an accident that results in injury to an employee or third party, or damage to their property or reputation.
When a customer has a slip-and-fall in your store, or an employee injures their back on the job, or a company vehicle smashes into a building while on a delivery, your company is likely to have some liability for medical costs, or the costs of repairing or replacing property. Likewise, if your business has a disruption that cascades and leads to business partners losing money as a result, your company could find itself on the wrong side of a lawsuit. All of these potential issues and more can be defended against with a quality, comprehensive business liability insurance policy.