While personal lines protect individuals, commercial lines protect businesses from a wide array of risks that could threaten solvency.
General Liability (CGL): Covers bodily injury or property damage claims arising from business operations.
Professional Liability (Errors & Omissions – E&O): Protects service professionals (e.g., consultants, doctors, lawyers) from claims of negligence, mistakes, or inadequate work.
Business Interruption: Replaces lost income and covers fixed operating expenses if a business is forced to temporarily shut down due to a covered property loss (e.g., a fire).
