Business Insurance

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Looking for basic information on insurance coverage for businesses? Check out the following links:

  • You are not required by law to have liability, property damage or other types of business insurance, but very few businesses can realistically operate without some form of optional coverage. Read more on the different types from Empire State Development.
  • The Insurance Information Institute has launched an online edition of Commercial Insurance to help businesses better understand the basics of commercial insurance -- what it is and how it works. The site, which will be updated as new data comes in, can be accessed at http://www.commercialinsurancefacts.org.
  • A business owner's policy protects against economic losses caused by damage to the owner's property and by legal liability to others for bodily injury and property damage involving the business. This page begins a section covering the three basic types: liability, special business forms and property insurance: http://www.finance.cch.com/text/c30s30d010.asp.
  • Health Insurance: A Small Business Guide from the NYS Insurance Dept.: http://www.ins.state.ny.us/acrobat/hsmbsrpt.pdf.
  • Property Casualty Insurance: A Small Business Guide from the NYS Insurance Dept.: http://www.ins.state.ny.us/acrobat/pcsmbus.pdf.

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