Commercial insurance

Commercial insurance consists of one or more types of coverage designed to protect businesses, their owners and their employees. Many business insurance policies include basic coverages such as property, liability, crime and commercial auto insurance, as well as other optional insurance, such as business interruption insurance, equipment breakdown insurance, cyber insurance, and workers compensation. Employee benefits such as dental, vision, disability and group life insurance also fall under commercial insurance, as do surety bonds which help ensure that contractors stick to the terms of a construction contract and/or follow governmental rules and regulations, as well as protect against losses stemming from a court decision or employee theft.

When it comes to choosing insurance, most business owners want to know what insurance they need and how much it will cost. One of the biggest factors in determining what insurance coverage is needed depends on the business type. Other important considerations include:

• Location
• Number of employees
• Years in business
• Gross annual revenue
• Whether the business owns or rents vehicles
• Whether the business owns, leases or rents the building(s) they operate from

You can get an online quote from Nationwide in just 10 minutes, then call the toll-free number shown to complete the purchase with a Nationwide agent. In some cases, you can even complete the purchase online. Or, you can set up a call with an independent agent to talk through the details of your business and any questions you might have.