You should buy small business renters insurance if you rent an office space or another type to run your enterprise. This kind of small business insurance protects your operations, team and covers property damage.
What is Business Renters Insurance?
A business owner can get this insurance coverage through a Business Owner’s Policy (BOP). These combine three different types of insurace.
- General Liability
- Commercial Property Insurance
- Business Income Insurance
Protect your business even if you’re renting a space because BOPs cover commercial property coverage. A small business gets financial protection from lawsuits, theft, and fire. Plus lost income if the property is covered.