What type of insurance is essential for commercial modular building sales?

Liability insurance is crucial for commercial modular building sales because it protects the salesperson and the business against potential claims arising from accidents or damages that occur during the sale, delivery, or installation of modular buildings. In the commercial modular industry, where large structures are involved, the risk of property damage or personal injury is significant. Liability insurance covers legal fees, medical expenses, and other costs that might arise from such claims, providing financial protection and peace of mind.

While health insurance, property insurance, and vehicle insurance may also be important in broader business operations, they primarily serve different purposes. Health insurance protects employees but does not directly address risks associated with the sale and installation of modular buildings. Property insurance safeguards physical assets like the modular units in a warehouse, but it does not provide coverage for potential claims against the business. Vehicle insurance is essential for vehicles used in transporting modular units, but it does not cover the liabilities that could arise from selling those units to clients or during installation at job sites. Therefore, liability insurance is the key type of coverage specifically needed in the realm of commercial modular building sales.