Commercial Insurance With Diversified Insurance Partners, Inc.

Depending on your business, you will have varying liability for commercial insurance. Commercial insurance protects companies against risks that could jeopardize their success, covers the organization's reputation, well-being, and finances, and protects your business from lawsuits where you, as the owner, your business, or your employees could be in trouble. There are several types of commercial insurance, including the following:

Small business owners may convince themselves that workers' compensation is unnecessary. They may believe that an injury would never occur at their workplace and that they would pay for it out of pocket, even if it did. However, workers' compensation insurance is a must-have for any small firm. Without workers' compensation coverage, compensation for workplace injuries can range from thousands to millions of dollars. Employers who do not provide enough coverage expose themselves to punitive damages, pain and suffering lawsuits, and potentially enormous medical expenditures.