Commercial Lines
Plain English Definition: Insurance policies designed for businesses rather than individuals.
What Commercial Lines really means for someone with an insurance policy
These policies cover business-related risks such as property damage, liability, and workers’ compensation, helping businesses stay operational after incidents.
Commercial Lines Real World Examples
- A retail store has a commercial property policy to cover fire damage.
- A restaurant holds liability insurance to protect against customer injury claims.
- A construction company carries workers’ compensation for its employees.