What to Consider When Choosing Business Insurance
The coverage a business needs depends on how it operates. Property, equipment, employees, vehicles, customers, contracts, inventory, professional services, and the locations where work is performed can all create different exposures.
AML Insurance Services takes the time to understand your business before comparing options. We help you review available liability limits, property protection, deductibles, employee-related coverage, vehicle coverage, and optional protections so you can make an informed decision.
What Can a Business Insurance Program Include?
General Liability Insurance
Helps protect your business from certain claims involving bodily injury, property damage, and personal or advertising injury.
Commercial Auto Insurance
Helps protect vehicles owned or used by the business with liability and physical damage coverage based on the policy selected.
Commercial Property Insurance
Helps protect covered buildings, equipment, inventory, furniture, and other business property from covered losses.
Business Owners Policy
May combine general liability and commercial property coverage into one policy designed for qualifying small and midsized businesses.
Workers' Compensation Insurance
Helps provide covered medical and wage benefits when an employee experiences a qualifying work-related injury or illness.
Additional Coverage Options
Depending on your business, options may include professional liability, cyber liability, inland marine, or umbrella coverage.
Ready to Review Your Business Insurance?
Whether you are starting a business, hiring employees, adding vehicles or equipment, signing a new contract, or reviewing an upcoming renewal, AML Insurance Services can help you compare your options.
Request a personalized business insurance quote or call our team today.
Frequently Asked Questions
What information do I need for a business insurance quote?
The information required depends on the business and coverage requested. It may include a description of your operations, annual revenue, payroll, employee count, property and equipment values, vehicle information, prior coverage, and loss history.
Does my homeowners insurance cover a home-based business?
Homeowners policies generally provide little or no coverage for many business-related losses. A separate business policy or endorsement may be needed to protect business property, operations, and liability.
Why can insurance costs vary between similar businesses?
Industry, location, payroll, revenue, property values, services performed, vehicles, coverage limits, deductibles, claims history, and other factors can affect the available coverage and premium.
Can different business coverages be combined into one policy?
In some cases, yes. A Business Owners Policy may combine certain property and liability coverages for qualifying businesses. Other protections may need to be added by endorsement or issued as separate policies.