Finding the Right Small Business Insurance

Running a small business is full of rewards, but it also comes with risks. While you can't prevent every potential problem, you can protect your business from major financial setbacks with the right insurance. It's not a one-size-fits-all solution, so understanding the common types is key.

• General Liability Insurance: This is often the first type of insurance a small business gets. It protects you from claims of bodily injury, property damage, and advertising injury (like slander or copyright infringement). Think of it as a basic safety net.

• Professional Liability (E&O) Insurance: If your business provides a professional service or advice, this is a must-have. It protects you from claims of negligence, errors, or omissions that might cause financial harm to a client.

• Commercial Property Insurance: This covers your business's physical assets, including your building, equipment, inventory, and furniture, from things like fire, theft, and natural disasters.

• Workers' Compensation: If you have employees, this insurance is likely required by your state. It covers medical costs and lost wages for employees who are injured on the job.

Don’t wait until something goes wrong to think about insurance. Take the time to assess your business's specific risks and talk to an insurance professional to find a policy that fits your needs.

As always, if I can be of any help, please reach out to me at; mdaviscpb@qbocleanups.com.