a small business can be extremely risky. Most small businesses
fail within five years. Without proper protection, owning
a small business can be more risky than just failing to make
a profit. It could threaten your personal financial well-being
far beyond anything you might imagine.
So why not try to protect your business
assets and take as much risk out of your efforts as possible
with business insurance?
In our litigious society, the threat of
legal action against small business is always present. But
there are other risks besides liability. Your business could
be shut down because of a loss of business machinery, financial
records or office equipment due to a fire, power outage, flooding,
weather or any number of other causes. Even a temporary shut
down could force you to permanently close your doors if you
aren't appropriately covered for such an event.
That's where business owners insurance
and other business insurance policies come into play. They
can protect your small business. Shop owners, contractors,
restaurant owners, home businesses and every type of small
business you can think of needs business insurance. Many,
such as dry cleaners, need specialized policies. Others can
use a basic business owners policy.
Large companies employ full-time
risk managers to help them determine their risk exposure.
What do small business owners do? They can call a Trusted
Choice® agency. Trusted Choice® agents can assess
your risk and determine the types of insurance coverages you
need to meet your unique business risks. Then they will approach
several insurance companies to find the types of coverages
to best meet your needs and stand with you if there is a claim.
For more information...
yourself - Business Insurance 101
Your Small Business
Your Home-Based Business