You have the perfect product or service and you’re ready to start your own business. What’s the first order of business? Setting an appointment with your insurance agent to discuss your entrepreneurial plans.
When you’re just starting out, we know you don’t have much money to spend on insurance. But you don’t want to run an underinsured — or worse yet — uninsured business. Without adequate coverage, one disaster — a fire, an accident or a lawsuit — could put you out of business.
All businesses, even those that are home-based, need insurance. Liability insurance, in its various forms, can help protect you in the event someone is injured by your product or service or while on your property. Depending on your business, you may need one or more forms of liability insurance. You’ll also want to make sure you have property insurance to cover your inventory, computers and other business property.
If you’re operating a business out of your home, make sure to let your insurance company know. Contrary to popular belief, homeowners and renters insurance policies do NOT generally cover business activities. Questions? We can help answer your business insurance questions. We’ll also work hard to find some affordable options designed for a small business pocketbook.