COMMERCIAL INSURANCE

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What Is Commercial Insurance?

Commercial lines insurance includes property and casualty insurance products for businesses. Commercial lines Insurance helps keep the economy running smoothly by protecting businesses from potential losses they couldn’t afford to cover on their own, which allows businesses to operate when it might otherwise be too risky to do so.

Key Takeaways


  • Property casualty insurance can be broken down into two major categories: commercial lines and personal lines.
  • Commercial lines accounts for about half of the U.S. property casualty insurance industry, and includes the many kinds of insurance products designed for businesses.
  • Risks and hazards covered under commercial lines include, for example, malpractice insurance, professional liability, builder's risk, crop insurance, and many other industry-specific coverages.