As an individual, you probably have insurance for your car and home. You should probably also have health and life insurance. If you're a business owner, however, you also have to consider the insurance you need for your business. "Commercial insurance" is sort of a blanket term for the insurance held by business owners. It typically includes liability insurance, which protects you from damages should your product or service accidentally harm someone or their property. It may also include property insurance and in some cases, workers comp insurance. Learn more about commercial insurance here, and you'll be fully prepared to shop around and buy it.