When it comes to insurance for your business, there are certain policies that virtually all owners need. There are also others that depend on how comprehensive you want to get and the size of your business.Basic coverage
According to Dennis McGuire, middle market casualty underwriting director for Nationwide Insurance, there are four types of policies that contractors should consider basic.The first is general commercial liability (GL), which covers bodily injury and property damage. “This is absolutely essential,” says McGuire. GL policies tend to be very broad, though, and there are often a number of exclusions, so it is important to identify
