Small Business Insurance: What Every Founder Needs

Protect Your Business from the Unexpected

Starting a business is exciting, but it comes with risks. Small business insurance ensures that your startup is protected against unexpected events that could otherwise disrupt operations or threaten financial stability.

Essential Insurance Policies for Small Businesses

1. General Liability Insurance – Covers third-party injuries, property damage, and legal costs.

2. Property Insurance – Protects your office, equipment, and inventory from fire, theft, or natural disasters.

3. Professional Liability (Errors & Omissions) – Protects against claims of negligence or mistakes in the services you provide.

4. Workers’ Compensation – Required in most states if you have employees; covers work-related injuries.

5. Business Interruption Insurance – Compensates lost income if your business is temporarily unable to operate due to unforeseen events.

Tips for Choosing the Right Coverage

• Assess the specific risks associated with your industry

• Bundle policies when possible to save on premiums

• Work with a licensed agent to customize coverage

Pro Tip: Even home-based businesses can benefit from liability and property coverage—don’t wait until an incident occurs.

By investing in proper insurance coverage, you can focus on growing your business with peace of mind, knowing you’re protected against the unexpected.