Business owners in and around East Windsor, CT, often obtain commercial insurance to ensure they’re covered if something happens to their business. It’s essential to understand how this type of insurance works. 

Types of Commercial Insurance

There are various types of policies available for business owners, each covering different things. Workers’ compensation is typically legally required for businesses with at least one employee. It covers lost wages and medical bills for workers injured on the job. 

Liability policies cover other incidents for which the company may be responsible, such as injuries to nonemployees on the property. Commercial auto policies are meant for vehicles used for business. Property insurance isn’t legally required, but it is the type of policy that typically covers plumbing-related situations. 

Property Insurance 

Commercial property insurance covers various perils, possibly including plumbing emergencies. It typically covers accidental or sudden damage, such as a burst pipe or a plumbing emergency caused by equipment failure. 

However, it typically doesn’t cover damage from normal wear and tear. It also may not cover damage due to natural disasters unless the disaster is a "covered peril" in the policy. Many policies specifically exclude certain disasters, such as floods, so damage from them won’t be covered. It’s important to speak with an agent at ALLConnecticut Insurance to learn what your policy does and doesn’t cover.

Learning about the specifics of your policy can be stressful. Thankfully, our agents are here to help. Contact an ALLConnecticut Insurance to learn more. Our knowledgeable staff will happily answer any questions you have. We’re currently serving the East Windsor, CT, area.