View your options for commercial insurance.
Commercial insurance policies come in various types, each designed to address specific risks and needs that your business faces. These are some of the most common types of commercial insurance policies that Presidio offers.
General Liability Insurance
This policy provides coverage for third-party claims of bodily injury, property damage, or personal injury arising from business operations. It’s a fundamental policy that protects against common accidents and lawsuits.
Property/Builder's Risk Insurance
Property insurance covers damage or loss of a business’s physical assets, such as buildings, equipment, inventory, and furnishings, due to events like fire, theft, vandalism, or natural disasters. Builder’s risk insurance is a type of property insurance policy specifically designed to protect buildings or structures that are under construction or renovation.
Commercial Auto Insurance
This policy covers vehicles used for business purposes, including cars, trucks, and delivery vans. It provides coverage for accidents, liability, and damage to the vehicle.
Workers' Compensation Insurance
Most states require businesses to carry workers’ compensation insurance. It covers medical expenses and lost wages for employees injured on the job and protects businesses from employee-related lawsuits.
Business Owner's Insurance (BOP)
A BOP combines general liability and property insurance into a single package. It’s typically designed for small and mid-sized businesses and is a cost-effective option.
Professional Liability Insurance (Errors and Omissions Insurance)
This policy is vital for businesses that provide professional services. It protects against claims of negligence or errors in the services provided, offering financial protection in legal disputes.
Product Liability Insurance
Manufacturers and sellers of products can benefit from this coverage, which protects against claims related to injuries or property damage caused by their products.
Cyber Liability Insurance
In the digital age, businesses are vulnerable to data breaches and cyberattacks. Cyber liability insurance helps cover the costs of data breaches, including notification, credit monitoring, and legal expenses.
Directors and Officers (D&O) Insurance
In the digital age, businesses are vulnerable to data breaches and cyberattacks. Cyber liability insurance helps cover the costs of data breaches, including notification, credit monitoring, and legal expenses.
Employment Practices Liability Insurance (EPLI)
EPLI covers claims related to employment practices, such as wrongful termination, discrimination, harassment, and other employment-related issues.
Commercial Umbrella Insurance
This policy provides additional liability coverage that goes beyond the limits of other primary liability policies, helping protect businesses against large, unexpected claims.
Flood Insurance
Standard commercial property policies typically do not cover flood damage. We offer private programs that provide coverage for flood-related losses.
Inland/Ocean Marine Insurance
This policy covers the transport of goods over land or via specified inland waterways, protecting against damage or loss during transit.
Contractor Pollution Liability Insurance
This coverage is designed for businesses dealing with environmental risks and pollution. It can help cover cleanup costs and legal liabilities associated with pollution incidents.
The specific insurance needs of your business will depend on your industry, size, location, and operations. It’s essential for business owners to work with insurance professionals like ourselves to assess your unique risks and select the appropriate insurance policies to mitigate those risks effectively.