As a business owner, you understand the importance of protecting your business from the risks you face in your daily operations, BOPS insurance can help in this regard. For most businesses, liability insurance is vital so that their business remains in business. For those companies that ignore the warning signs – such as unsafe workplaces, employee theft, or even lapses in security — loss of their business assets is a very real possibility. Paying for the losses associated with a liability risk can prove tragic to a business. Relying on a local, trusted insurance agency is critical. Connell Insurance Agency (CIA) can get you started on the path to complete insurance coverage.
Commercial lines of insurance are subsets of an industry category known as casualty and property insurance. Types of insurance that cover people are called personal lines of insurance. Commercial lines, especially property and casualty, cover the risk of loss to tangible objects or liability that arise from negligence or an accident. Commercial lines cover businesses, not individuals. In order to protect your business, there are five key insurance coverages your business should secure immediately.