It’s easy to get overwhelmed with the choices in coverage when it’s time to purchase insurance for your business. Just buying basic liability coverage may leave you without enough insurance in the event of an emergency. Here are some insurance options that you should consider.

Fleet Insurance – This supplemental insurance coverage takes care of the cost of injuries and damages to company-owned cars and trucks in the event that you or an employee are in a car accident while driving it for business purposes. This also covers replacement of your vehicle if it is stolen or damaged in a break-in, provided you purchase enough coverage. It should also cover damage and theft of cars rented for business purposes.

Employee Fraud Insurance – Unlike other crime insurances for your business, this one covers theft and fraud committed by your employees. Whether it’s dipping into the till or forging paychecks, this takes care of the loss.

Product-Specific Insurance – Depending upon what it is your business sells, be it a service or a product, your liability vulnerability changes. Should a client or customer get hurt by using your product or incur damages or loss because of the quality of your service, this coverage will cover their medical and/or legal costs.

There is no generic list of insurance policies that will suit every business. Consider the unique needs of your business before investing and then purchase enough to make it worthwhile.