Running a Small Business Without Insurance is Gambling with Your Future
You own a small business. It took a lot of hard work and dedication to get where you are now. The last thing you want to happen is to lose your livelihood due to accidents, mistakes and ignorance. This brief guide is designed to highlight the three most pressing reasons why your small company needs business insurance.
- Accidents Occur
As much as you want to believe you are in control, you are not. That’s not a knock on you; just the simple reality of life. If you own a brick-and-mortar business, people come to you to do business. With this comes slip-and-fall injuries, as well as a host of other personal injury liabilities. By investing in small business liability insurance, you will be secure in knowing that if such an instance does occur, your business will be shielded from harm.
- Nature Occurs
If you were to be struck by a natural disaster, could your business withstand it? It’s a lot to ask of any company, regardless of its resources. But some sort of natural disaster—flood, fire, wind—is practically inevitable these days. There’s no staving off nature, but you can stem its damage with small business insurance, which will help replace what’s been lost.
- Life Occurs
It’s up to you to insure your business, not others. If you’re waiting for a boost in revenue before you commit to a policy, you’re gambling with your future. It’s better to buy whatever business liability insurance you can afford now and increase it later. Not doing so because you’re expecting the shop next door to cover all of the damages covered by its burst pipe is positioning yourself for a steep disappointment. (Spoiler alert: It won’t.) We live in a society that’s more likely to place blame than resolve it. Don’t be caught in the crossfire.
Accidents and losses can bankrupt you if you are not prepared. And you didn’t come this far by being unprepared. Make sure to contact Peter Green Insurance to purchase small business liability insurance today!