Commercial Packaged Policy

A Commercial Packaged Policy (CPP) allows business owners to bundle various types of coverage within a single policy. Commercial Package Policies are available for a wide range of businesses, and can be better customized to the specific needs of your business. Coverages you may add include:

  • Business Owner’s Policy: Helps cover your business from claims resulting from events such as fire, theft, or another covered disaster. It also covers claims involving bodily injury, property damage, and personal and advertising injury. This is a popular policy purchased by small businesses.
  • Business Income Insurance: Replaces lost revenues. For an additional charge, it may also cover extra expenses due to your business having to shut down or relocate because of fire, wind damage or other covered losses.
  • Business Auto Insurance: Helps your business cover the financial costs resulting from an auto accident if you or an employee is found at fault. The insurance helps pay for damaged property and medical expenses, even in the event of a fatal accident.
  • Business Crime Insurance: Covers losses from burglary, theft, larceny, and other business crimes.
  • Commercial Umbrella: Increases or broadens liability coverage, filling in the gaps left by other coverages.
  • Employment Practices Liability: Covers costs associated with disputes with employees over termination, discrimination, sexual harassment, and other employment issues.
  • Inland Marine: Covers the transport of goods over water and land, providing comprehensive protections for assets that are moveable in nature, such as musical equipment.

A range of other types of insurance covering pollution, equipment breakdown, electronic data processing, terrorism, farming, and more can be included in a Commercial Packaged Policy.

Contact MyInsuranceAdvisers today for a free quote or to learn more about the best coverages for your business.