OK probably nobody’s organization is fire proof in the fullest sense of the word, as in you won't ever have a fire. But are you prepared for the worst with the proper insurance plans you would need to fully weather any potential storm, in terms of having correct business insurance plans?

Of course, if you own a company, you have some kind of commercial general liability insurance. Unless you are the sole owner and you’re operating the company from your studio apartment, in which case, I assume you don’t have any liability insurance.
 
However in many businesses today, you simply can't operate without some type of business insurance coverage. A lot more people are obtaining specialized insurance policies from bonding insurance to directors and officers insurance and many more including insurance policies that includes gaps in insurance coverage like commercial umbrella insurance.
 
So many businesses have ended up learning their lessons the difficult way and finding out they didn't have the protection they hoped and believed they had. Sadly , sometimes you only become a knowledgeable expert after the fact, when a fire has occurred and you make a claim only to discover there were exclusions or exceptions and you dont have insurance protection because of x, y and z. This is destructive on a business and it's vital to determine ahead of time. So educate yourself and learn everything!

In the field of business insurance coverage, many of us, except in cases where you’re a taxi or limo company, you don't even think about your company’s insurance policies and handling of policies relevant to workplace related driving accidents because of a distracted employee.

Here’s an example: You’re a CPA corporation, you have a staff accountant go to a client off-site and drive their motor vehicle. They make the poor choice to text message and drive and gets into a crash. Are you responsible? Unfortunately, it all depends. Of course you could say you didn’t tell the employee to hop on his cell phone while in the motor vehicle. Nevertheless, a lack of the appropriate business insurance coverage and/or policies set up in your place of work about distracted driving can result in a real concern. Or numerous professions that have staff driving. How about cable repair employees or a sales person driving daily to customer’s residences?

Sometimes insurance policies are a challenging industry - what could handle this kind of circumstance? Would small business automobile insurance be the best or would liability insurance cover this? How about professional liability insurance- how can that factor in?

These are all valid queries, for a very interesting topic that has an effect on today’s companies. Distracted driving is a dangerous risk today for people personally and is now a problem businesses must make sure they’re on top of. From correct in-house policies laid down about such, to the proper business insurance policy from a reputable place, be sure you’re protected!