An occurrence policy provides coverage for incidents that happen during your policy period, regardless of when you file a claim. These policies can be costlier than a claims-made policy because of how long coverage applies. Let’s say your business has a commercial general liability insurance coverage written on an occurrence form. During your policy period, your customer breaks their arm after a slip and fall. However, they don’t file a claim until a year after your policy expires. Because they got hurt while your policy was in effect, the claim will still be covered. You can easily get a business insurance quote.