Business Owner’s Insurance
Business Owner’s Insurance is a one-stop policy that protects business owners with package coverage, protecting their liability and covering their business location, property, and inventory.
Areas Covered by Business Owner’s Insurance
Building Coverage
Coverage for the building you own or lease.
Loss of Income Coverage
Protects the business owner for loss of income due to business interruption caused by storm damage or other covered loss. Covers extra expense involved to relocate
Business Personal Property
Covers your business property such as furniture, equipment, computers and business inventory.
General Liability Protection
Protects business owners against liability claims filed against them by a third party. Includes legal defense costs, defamation and false advertising
Who Needs Business Owner’s Insurance
Businesses across industries in Minnesota can benefit from General Liability Insurance, including:
Small businesses
Professionals offering specialized services
Any business with interactions involving clients or the public
Retailers and service providers
Should You Consider Business Owner’s Insurance
For any business owner operating in Minnesota, General Liability Insurance is a must-have. It provides peace of mind and reassurance, knowing that businesses are shielded against potential risks and liabilities that could otherwise cripple operations.
What to Consider Before Purchasing
- Specific business risks: Assessing the unique risks associated with the industry and operations in the state.
- Coverage limits: Determining the appropriate level of coverage based on business needs and the regulatory environment in Minnesota.
- Policy exclusions: Understanding what is not covered under the policy and considering additional coverage options specific to Minnesota requirements.