Starting a small business can be very professionally and personally rewarding. However, operating a company of any size involves risk. Natural disasters, accidents, professional errors, and employee injuries are just some of the events that can occur at any time and threaten your livelihood and that of your employees. Small business insurance helps protect your company from financial loss when problems arise.
A business owners policy or BOP (also called property & liability insurance) conveniently combines general liability insurance and commercial property insurance.
General liability insurance provides protection from many common business risks, from customer property damage and non-employee injuries, to libel, slander, and copyright infringement. Without it, you may find yourself with a large financial burden when something unexpected happens.
Workers’ compensation insurance—also called workers’ comp insurance and workman’s comp insurance—is crucial coverage for every company that has employees. In most cases, it’s required by law.
Workers’ compensation insurance, also called workers’ comp or workman’s comp insurance, is very important for any company that has employees. In fact, it’s almost always required by the state.
A worker is injured when a stack of metal pipes breaks free of its restraints and his leg gets trapped under the weight and broken. What do you do now? It’s important to consider your actions in advance, since this is a situation that calls for quick thinking and rapid action.
Being a certified public accountant (CPA) and operating an accounting business isn’t easy. The work can be stressful, and like all business owners, you face many types of business risks. These risks cover the spectrum from office damage to liability lawsuits. That’s why you need CPA insurance.
Small business insurance provides important financial protection. Without it, one accident or other incident can leave a company with a large financial burden. But how do small business insurance claims work? Find out below.
No question about it: Having small business insurance is essential to protecting your business from the many risks—and potential financial burdens—that you face. But it’s also true that obtaining that insurance isn’t a task that anyone really looks forward to!
As a real estate agent or agency owner, it’s crucial that you have proper insurance coverage for your business. There are a number of policies—what might collectively be called “real estate agent insurance” [link to real estate industry page]—that you need to protect your business from the high cost of liability and losses. That’s because your business faces many risks, including incidents like:
We want you to make well-informed decisions about your insurance needs. Learn from answers to the questions most frequently asked by business owners.
