#insurance  

Insurance for small businesses

Accidents occur frequently, and company owners should be covered in case one occurs at work, especially given that the typical customer injury insurance claim is for $35,000 in damages. Business Insurance coverages are written through non-affiliated insurance companies and are secured through the GEICO Insurance Agency, LLC.

It's crucial for company owners to protect themselves from danger and to ensure they have the necessary insurance to cover all of the hazards associated with their industry. Because of this, companies may not be protected against a variety of losses if they do not have the appropriate forms of insurance, which can be the same as having none at all.

You've taken a big risk by starting your own business. Business Solutions Center Nationwide provides free resources and tools on a variety of important topics to help small business owners start, grow and run their businesses. In order to determine which insurance providers best meet the needs of small businesses, we compared more than a dozen of the best insurance providers in the nation—as well as a number of brokers—based on the types of coverage they provide, the industries they serve, their ratings for financial stability, and customer satisfaction. This article explains how to find the most suitable business protection options for small business owners in the United States.

What does small business insurance cover?

Insurer coverage covers legal expenses such as hiring a lawyer or judgment against you. General liability coverage includes protection against the loss of reputations and infringements. Insurance policies are for people who can't afford it. This insurance is commonly called commercial liability. Business property insurance protects many items that businesses use, this includes computers and work machines, desk and chairs, business records, business inventories and supplies. Commercial property insurance is available in offices as well.