vendor insurance

Vendor insurance is a type of policy that a company or individual (the vendor) carries to protect against potential risks or damages that might occur during their business activities. When a vendor provides goods or services at a client’s location, this insurance ensures that if there’s an accident, injury, or property damage caused by the vendor’s work, the costs will be covered. It helps both the vendor and the client manage liability and reduces financial exposure, ensuring that unforeseen issues don’t lead to significant financial burdens or disruptions.