What type of small business insurance do I need?
To be on the safe side you need to have both general liability and professional liability covers in the insurance policy you purchase.
 | Getting the right insurance for a small business generally includes three types: small business liability insurance, property insurance and workers compensation insurance. Your line of business and specific risk factors will determine any additional needs you might have. |
 | You may have to adjust your definition of what affordable health insurance for self-employed means; however, you should be able to find coverage that works for you, even if you keep deductibles high to save on the premium. |
 | Home-based business insurance should be a consideration if you're running a small business out of your hous or your garage. Chances are high that your homeowner's or renter's policy won't cover business operations, leaving your office equipment and inventory stored at home vulnerable to loss. |
 | Don't scrimp on small businesss liability insurance. You'll need this coverage in the event of an accident caused at your place of business or by something you produce. |
When you have your own business, you need to protect your business assets against the risk of loss or damage caused by theft, fire, smoke, explosions, storms, flood, earthquake, riots, vandalism and various other unforeseen events. |
