Protect your business, just like you would your home or a car.
There are many different kinds of business insurance. Each kind exists to protect your business from unanticipated costs due to accidents, errors, or lawsuits.
If you’d like to learn more about the different types of business insurance, the U.S. Small Business Administration has good explanations available here.
It’s important to carry at least some basic business liability insurance to provide financial protection against lawsuits due to simple accidents like trips and falls in or around your business location. You can also get a policy to protect your business from costs resulting from errors or omissions made while performing services for customers.
The easiest way to determine the insurance needs for your business is to find an insurance broker to work with. They will help you identify areas of risk for your business and provide quotes for insurance policies to cover those risks.
Insurance costs will vary significantly based on your business needs. While starting your search for an insurance broker, you should be sure to get estimates from a few places to make sure you get a good price.