businesses understand the importance of commercial
insurance for their work. Our coverage is extensive
and our service is outstanding. The most common
types of commercial insurance are property, liability
and workers' compensation. In general, property
insurance covers damages to your business property;
liability insurance covers damages to third parties;
and workers' compensation insurance covers on-the-job
injuries to your employees. Depending on your
business, you may want additional specialized
coverage’s, talk to an ACI representative to find
out what works for you.
Property insurance pays for losses and damages to real or personal property. For example, a property insurance policy would cover fire damage to your office space. Liability insurance covers injuries that you cause to third parties. If someone sues you for personal injuries or property damage, the cost of defending and resolving the suit would be covered by your liability insurance policy. A general liability policy will cover you for common risks, including customer injuries on your premises.
Workers' compensation insurance covers you for an employee's on-the-job injuries. Businesses with employees are required by various state laws to carry some type of workers' compensation insurance. In most cases, workers' compensation laws prohibit the employee from bringing a negligence lawsuit against an employer for work-related injuries.