What Is Equipment Breakdown Coverage?

Equipment breakdown coverage is an optional part of a business insurance policy may help pay for the costs of repairing or replacing damaged or broken-down equipment after a covered incident. Equipment breakdown insurance may help cover equipment that’s necessary to keep your business running, such as boilers and machinery, or…

Small Business Insurance: What It Is And What It Covers

Small business insurance, sometimes called commercial insurance, helps protect a business’s assets, property and income. A business owners policy (BOP) is the most common policy for small businesses, according to the Insurance Information Institute. A BOP typically includes three basic types of coverage to help protect a business: business property…

Does Business Insurance Cover Spoiled Food?

If you run a restaurant, grocery store or wholesale food business, losing perishable food inventory can be costly. Likewise, getting shut down by a governmental body because of tainted food distribution can hurt your business’s financials — and its reputation. Having food spoilage coverage and food contamination coverage in your…