Protect Your Life with Madrona Insurance Insurance

Commercial insurance—often referred to as business insurance—protects a company’s assets, finances, employees, and leadership from unexpected losses and legal claims. It provides a safety net against common risks such as property damage, liability lawsuits, theft, and workplace injuries. Without proper coverage, these incidents could lead to substantial out-of-pocket costs for the business owner.

The insurance a business needs depends on its industry, size, and unique risk exposure. Common coverage options include:

• General Liability Insurance
A foundational policy that protects against financial loss resulting from third-party bodily injury, property damage, and personal injury claims (such as libel or slander). Many landlords and clients require it as part of leases and contracts.

• Commercial Property Insurance
Covers your business’s physical assets—including buildings, equipment, tools, furniture, and inventory—against loss or damage due to fire, theft, vandalism, and certain natural disasters.

• Workers’ Compensation Insurance
Legally required in most states for employers, this coverage pays for medical care, rehabilitation, and lost wages when employees are injured or become ill because of their job duties.

• Commercial Auto Insurance
Since personal auto policies typically exclude business use, commercial auto insurance provides liability and physical damage coverage for vehicles used for work, such as service vans, delivery vehicles, or company cars.

• Professional Liability Insurance (Errors & Omissions – E&O)
Designed for businesses that offer professional services or advice, this policy helps cover legal defense costs, settlements, and judgments if a client alleges negligence, mistakes, omissions, or inadequate work—even in cases where no error actually occurred.

• Business Owner’s Policy (BOP)
A cost-effective package for small and mid-sized businesses that bundles general liability, commercial property coverage, and business interruption insurance into a single policy.

• Cyber Insurance
Ideal for businesses that store sensitive information or rely on digital operations. This coverage helps pay for expenses related to data breaches, cyberattacks, forensic investigations, customer notifications, system recovery, and legal defense.