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Generally, commercial liability insurance does not cover risks arising from pollution, professional services such as consulting, employee and employment disputes such as compensations.
Commercial insurance refers to insurance coverage intended for businesses instead of individuals. Commercial insurance is also called business insurance. Business insurance covers losses related to unexpected events like lawsuits, accidents, or natural disasters, among others.
Types of Commercial Insurance Solutions Commercial auto insurance to help protect you and your employees on the road if you drive business-owned vehicles for work. Commercial property insurance, which helps protect your companys owned or rented building and equipment used to operate.
Commercial auto insurance covers business vehicles If youre a sole proprietor who owns a vehicle used primarily for business, you may need commercial auto insurance. Commercial coverage typically has higher liability limits than personal auto insurance. It can cover vehicles used to: Transport goods or equipment.
Commercial property insurance definition Commercial property insurance protects your companys physical assets from fire, explosions, burst pipes, storms, theft and vandalism. Earthquakes and floods typically arent covered by commercial property insurance, unless those perils are added to the policy.
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Common Policy conditions. These refer to the obligations and rights of the insurance company and the insured. Common conditions apply to every type of coverage on a CPP. This includes Examination of Books and Records, Transfer of Rights and Duties, Cancellation, Policy Changes, and Premiums.
Unlike commercial property coverage, general liability only provides coverage for damage and injuries your business causes to a third party. It does not cover damage to your business own property or injuries to your employees.
Commercial business insurance is coverage for businesses and corporations, generally designed to cover the business, its employees and ownership. Since there are so many types of businesses with different needs and situations, commercial insurance can come in many shapes, sizes and colors.

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