Master Risk Protection Commercial Liability Insurance Negligence Secrets

Types of Commercial Liability Insurance

There are several types of commercial liability insurance policies, each tailored to specific risks and industries:

• General Liability Insurance: Covers common risks such as customer injuries or property damage.
• Professional Liability Insurance: Also known as errors and omissions insurance, this policy protects against claims of professional negligence or inadequate work.
• Product Liability Insurance: Provides coverage for businesses that manufacture or sell products, protecting against claims of injury or damage caused by defective products.
• Cyber Liability Insurance: Protects against data breaches and cyberattacks, which are increasingly common in today's digital world.