Compare Business Insurance Types — Side-by-Side Comparisons

General liability covers physical injury and property damage claims from third parties. Professional liability (E&O) covers financial losses...

A BOP bundles general liability WITH commercial property and business interruption insurance. It's not an either/or choice — a BOP includes ...

Workers' comp covers YOUR employees when they get injured on the job. General liability covers THIRD PARTIES (clients, visitors) injured by ...

General liability does NOT cover data breaches or cyberattacks. If your business handles any customer data electronically, you need dedicate...

Quick Comparison Table

Insurance Type	What It Covers	Average Cost	Best For
🛡️ General Liability Insurance	Third-party bodily injury, Third-party property damage	$400–$2500/yr	All businesses with customer contact, Contractors
👷 Workers' Compensation Insurance	Employee medical expenses from work injuries, Lost wages during recovery	$500–$5000/yr	Any business with employees, Construction
📋 Professional Liability Insurance (E&O)	Professional negligence claims, Errors and omissions in service delivery	$500–$3000/yr	Consultants, IT professionals
🚗 Commercial Auto Insurance	Liability for accidents in business vehicles, Collision damage to your vehicles	$1200–$4000/yr	Delivery services, Trucking companies
🏢 Business Owner's Policy (BOP)	General liability protection, Commercial property coverage	$500–$3500/yr	Small businesses with physical locations, Retail stores
🔒 Cyber Liability Insurance	Data breach response costs, Customer notification expenses	$500–$5000/yr	IT companies, Healthcare providers
🏗️ Commercial Property Insurance	Building structure coverage, Business equipment and furniture	$750–$3500/yr	Retail stores, Restaurants
☂️ Commercial Umbrella Insurance	Extended liability beyond GL limits, Extended liability beyond commercial auto limits	$400–$2000/yr	Contractors, Trucking companies