Business insurance can be any kind of insurance that protects businesses against risks. Some principal subtypes of business insurance are
The various kinds of professional liability insurance, also called professional indemnity insurance, which are discussed below under that name; and
The usiness owner's policy (BOP), which bundles into one policy many of the kinds of coverage that a business owner needs, in a way analogous to how homeowners insurance bundles the coverages that a homeowner needs.