What Business Insurance Do I Need?


Many people don’t know what business insurance they need. There are a few different types of business insurance, and each one can protect your company from a different type of risk. Here is a look at the basics of different types of business insurance.

Property Insurance

Property insurance protects your business property from damage or theft. This includes your office building, inventory, and equipment. Most property policies also provide coverage for loss of income if your business is forced to close due to a covered loss.

Professional Liability Insurance

Professional liability insurance, also known as Errors and Omissions (E&O) insurance, protects your business from negligence claims. For example, if you’re a web developer and accidentally delete a client’s website, they could sue you for damages. Professional liability insurance can help protect you from these types of lawsuits.

General Liability Insurance

General liability insurance protects your business from lawsuits resulting from accidents or injuries that occur on your property. This includes slips and falls, fires, and injuries caused by your employees or contractors.

Workers’ Compensation Coverage

Workers’ compensation insurance provides coverage for medical expenses and lost wages for employees who are injured or become ill as a result of their job. In most states, this coverage is required by law but does not typically come with business insurance policies.

Auto Insurance

Auto insurance provides coverage for both liability and physical damage to your vehicles that occurs due to accidents. This policy also covers uninsured and underinsured motorist injuries and property damage for which you may be liable. If your employees use their personal vehicles for business purposes, you should consider adding a provision to your auto insurance policy that provides coverage for them.

There are a variety of business insurance policies available to protect your company from different types of risks. It’s important to consult with an insurance agent to find the right coverage for your business.

If you’re in Westerville, OH and need business insurance, contact the experts at Otto Insurance Group today! We can help you find the right policy to protect your company from any type of risk.

angle background graphic

Request a Quote

Enter your info below and we will get back to you with an estimate as soon as we can.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
close iconclose icon

Account Login

Sign in to manage your account.

close iconclose icon