How To Protect Your Small Business

Small business owners are a dynamic group. They possess the vision, intelligence, drive, and perseverance it takes to thrive in today’s ever-changing marketplace. It naturally follows then, that small business owners need to take the appropriate steps to protect their businesses and personal assets from unforeseen circumstances that may arise during day-to-day operations. Herein lies the importance of small business liability insurance.

Small Business EconomicsSmall Business Insurance Coverages

The role small businesses play in the United States economy is significant and vast. According to the U.S. Small Business Administration (SBA) there are approximately 28 million small businesses in the United States today accounting for 54% of all U.S. based sales. Furthermore, SBA cites that small businesses are influential in the livelihood of U.S. citizens, providing 55% of our nation’s jobs. Additionally, according to SBA, small businesses occupy 30-50% of U.S. commercial real estate space. With these statistics it is easy to see that small businesses are a vital asset contributing greatly to our national economy.

Protecting Small Businesses

Utilizing small business liability insurance is an instrumental part of smart business management for the entrepreneur and seasoned business owner alike. Small business insurance provides a cost-effective and efficient means by which to protect both personal and business assets from a variety of common business missteps. Often included in small business liability insurance are coverage for property damage to either owned or rented business space; financial hardship caused by reputational harm; damages assessed for copyright and other advertising infringement errors; and medical claims made when someone is injured during the line of work or on the business premise. Most policies have coverage,  dollar limitations, and exclusions which you need to consider as well.

Get Protected

With so many factors and people influencing the day-to-day activities of a small business, small business owners need to evaluate the best small business liability insurance coverage which will give them the operational, financial, and emotional peace of mind that allows their business to thrive.

Common Business Policy’s and Coverage’s
  • Employee Benefits-Group Health
  • Special Event
  • Buy/Sell Funding

Get your personal small business liability insurance questions answered and receive a free no-obligation quote by calling us at 714-258-2800 or 888-725-7776.

 

 

 

Save

Save

Save

Save

Save

Save

Save

Save

Save

Save

Save

Save

Save