Business insurance
Coverage built around what your business actually does.
Start with the contract, lease, lender request, or hiring decision in front of you. Alcove helps place the coverage and get the documents where they need to go.
What business insurance is for
Business insurance can protect the liability your company takes on, the property it owns or leases, the professional work it performs, and the people it employs.
When this comes up
A landlord needs a certificate before handing over the keys. A customer requires stated limits before work can begin. A lender asks for proof of coverage, or you are preparing to hire.
Coverage
The core policies to consider.
The right combination depends on what the business does and what its contracts require. Policy documents and the issuing carrier determine the actual coverage.
- Business owner’s policy and general liability
- A business owner’s policy can combine general liability and commercial property for eligible businesses. General liability responds when your business is legally responsible for someone else’s injury or property damage and can also pay for the legal defense.
- Commercial property
- Coverage can protect a building you own and the inventory, tools, equipment, and other business property inside a location you own or lease.
- Professional liability
- Also called errors and omissions coverage, professional liability responds when advice, design, or professional work causes a client financial loss.
- Workers’ compensation
- Workers’ compensation can pay medical costs and lost wages when an employee is injured at work. Requirements and eligibility vary by state.
Insurance is offered and serviced through licensed Partner Agencies, which are insurance agencies, not insurance companies. Coverage is underwritten and issued by third-party insurance carriers. Nothing on this site is an offer or binder of insurance, and no coverage is in force unless and until a carrier issues a policy.
Start with what the contract requires.
Tell us who is asking, what they asked for, and when they need it.