Different Types of Business Insurance in St. Charles, MO


Business insurance policies are used to cover any type of risk that a business may face. While the majority of businesses will not need to invest in every single type of Business Insurance in St. Charles, MO it is important to know the options and the ones that are right for your particular business. They actual type of insurance that you need to purchase will be dependent on the type of business that you have.

General Liability Insurance

This is a type of business insurance in St. Charles, MO that every business should have, no matter what type it is. These types of policies will cover the business if there is a lawsuit due to negligence, accidents or injuries. Some of the claims that are covered include property damage, personal injury, bodily injury, false advertisement and slander.

Product Liability Insurance

If your business distributes, sells or makes any type of product, then you can be held liable for how safe it is. If you have a product, you need to purchase product liability insurance which will protect you if a claim comes from a defective product that ends up causing harm or an injury. The amount of coverage that you need will depend on the actual product that you offer.

Professional Liability Insurance

This is a type of insurance that is also known as omissions and errors insurance and is a type of insurance that should be purchased by any type of business that offers any type of professional service. This will cover any owner of a professional business from errors or malpractice. There are some states that require certain professions, such as doctors, to carry this type of insurance.

Property Insurance

This type of insurance is available for any business that operates out of a traditional commercial building. They will cover any damage or loss to company property due to smoke, theft, hail, fire, vandalism, wind and any other covered events.

Talk with a business insurance provider in your area to determine the type of business insurance that you need and that you should carry to ensure your property and business is protected.