What is typically included in a standard business liability policy?

A standard business liability policy primarily focuses on protecting a business from claims related to bodily injury and property damage that occur as a result of the business's operations, premises, or products. Property damage coverage specifically addresses the costs associated with damage to a third party's property for which the business is found liable. This is essential for businesses as it safeguards against the financial impacts of potential lawsuits and claims, ensuring that the business can maintain its operations even when faced with legal challenges.

The other options, while important in various contexts, do not typically fall within the standard provisions of a business liability policy. Health insurance for employees pertains to employee benefits and is usually covered under a separate health insurance policy. Auto insurance for company vehicles is specifically related to vehicle operations and would require a commercial auto insurance policy. Equipment breakdown coverage, while potentially necessary for certain types of businesses, typically falls under a property insurance policy rather than a liability policy. Therefore, property damage coverage is the aspect of a standard business liability policy that directly addresses the business's exposure to claims for damages it may cause to others.