What is the importance of insurance in a business?
Insurance if our protection (picture a wall or bodyguard) from events that can put you out of business. Insurance protects against large unforeseen expenses you are probably not able to pay yourself.
Insurance coverage near every business should have at the best least:
- Workers Comp if you have employees
- General Liability
- Auto Coverage is you have company vehicles being driven by anyone
- An umbrella policy for a disaster or claim above your initial coverage.
