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Updated by Stacey D on Oct 09, 2018
Headline for Getting the Basic Facts About Business Insurance
Stacey D Stacey D
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Getting the Basic Facts About Business Insurance

Get the basic facts about the importance of business insurance, who should carry it, what type of coverage to get and more.

Running a small business involves a significant investment. Business insurance protects your investment by minimizing financial risks associated with unexpected events such as a death of a partner, an injured employee, a lawsuit, or a natural disaster. Unless you are an employer, business insurance is generally not required by law, however, it is common practice to purchase enough insurance to cover your assets.

Business Insurance Definition | Investopedia

Insurance coverage that protects businesses from losses due to events that may occur during the normal course of business. There are many types of insurance for businesses including coverage for property damage, legal liability and employee-related risks. Companies evaluate their insurance needs based on potential risks, which can vary depending on the type of environment in which the company operates.

13 Types of Insurance a Small Business Owner Should Have
  1. General Liability Insurance: Every business, even if home-based, needs to have liability insurance. The policy provides both defense and damages if you, your employees or your products or services cause or are alleged to have caused Bodily Injury or Property Damage to a third party. 2. Property Insurance: If you [...]

Fires and car accidents happen; people slip, fall, get sick, and even die. And all of these things can occur in your business. This is why all businesses, whether they are one-person operations or multimillion dollar corporations, need business insurance.

Commercial Insurance - Construction, Spas, Salons, Studios & More

For years, companies across America have entrusted their business insurance to Marine Agency Corp. Isn't it time to give us a try? Business insurance coverage is available for all types of retail, office, and service businesses including contractors/construction businesses.