{"id":5575,"date":"2024-09-06T09:51:12","date_gmt":"2024-09-06T14:51:12","guid":{"rendered":"https:\/\/ability-fl-prod.internetbrands.com\/ability-law\/smallbusiness\/starting-a-business\/what-is-business-insurance.html"},"modified":"2026-06-18T10:00:00","modified_gmt":"2026-06-18T15:00:00","slug":"what-is-business-insurance","status":"publish","type":"page","link":"https:\/\/www.findlaw.com\/smallbusiness\/starting-a-business\/what-is-business-insurance.html","title":{"rendered":"What Is Business Insurance?"},"content":{"rendered":"\n
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What Is Business Insurance?<\/div>\n <\/div>\n<\/section>\n
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  1. \n FindLaw <\/a>\n \/<\/span>\n <\/li>\n
  2. What Is Business Insurance?<\/li>\n <\/ol>\n\n <\/div>\n <\/div>\n\n\n\n
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    What Is Business Insurance?<\/h1>\n\n
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    \n By Catherine Hodder, Esq.<\/a> | Legally reviewed by Jordan Walker, J.D.<\/a>\n | Last updated\n
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    Editorial Note: We earn a commission from affiliate partner links on FindLaw. Commissions do not affect the editorial integrity of our legal content.<\/p>\n\n <\/div>\n \n

    \n \n <\/i>\n Legally Reviewed\n <\/summary>\n\n
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    This article has been written and reviewed for legal accuracy, clarity, and style by FindLaw\u2019s team of legal writers and attorneys<\/a> and in accordance with our editorial standards<\/a>.<\/em><\/p>\n\n <\/div>\n <\/details>\n\n

    \n \n <\/i>\n Fact-Checked\n <\/summary>\n\n
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    The last updated date refers to the last time this article was reviewed by FindLaw or one of our contributing authors<\/a>. We make every effort to keep our articles updated. For information regarding a specific legal issue affecting you, please contact an attorney in your area<\/a>.<\/em><\/p>\n\n <\/div>\n <\/details>\n<\/section>\n\n\n

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    Key Takeaways<\/h2>\n

    Business insurance is a protective commercial policy that shields enterprise owners from devastating financial losses caused by unexpected events during regular operations. This necessary coverage safeguards critical investments, property, and specialized equipment from perils like theft, fire, or catastrophic lawsuits.<\/p>\n\n <\/div>\n <\/div>\n<\/div>\n\n\n

    Business insurance covers risks to your business such as personal injury or bodily injury lawsuits, property damage, and more. There are many types of business insurance coverage and liability policies ranging from general liability coverage to Workers\u2019 Compensation.<\/p>\n\n\n

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