What type of insurance must employers have to protect against personal injury and property damage?

Employers must have both personal injury and property damage insurance to protect themselves and their businesses from potential financial burdens that arise from accidents or incidents that may occur in the workplace. This type of insurance is crucial for covering claims related to injuries sustained by employees or third parties, as well as any damages caused to property.

Liability insurance plays a key role in this protection; it ensures that if an employee or a visitor sues the employer for injuries that occur during the course of business operations, the insurance can cover legal costs and settlements. Similarly, property damage insurance is important for cases where the employer may accidentally damage someone else's property. Having both types of insurance is essential for comprehensive coverage and risk management.

By ensuring coverage for both aspects—personal injuries and property damage—employers can help safeguard their financial stability and ensure compliance with legal responsibilities.