The coverage type and the amount of coverage your business needs depend on many criteria. First, for the type of coverage, ask yourself: would you like to protect your employees? Your vehicles? Your business property against damage and lawsuits? Do you need additional insurance to cover any potential losses that exceed the limits of your general liability? Second, the level of coverage is determined by, among other things, industry, revenue, location, regulatory requirements, business requirements, trade associations, number and type of employees, and assets. The goal is to maximize the protection of your business while minimizing insurance premiums.