Different Types of Insurance Any Small Business Should Have

insuranceInsurance is an important part of any small business. It is a great means of ensuring you that you won’t be shouldering the expenses on company accidents and whatnots all on your own. It is especially important for newly established small businesses.

So, what kind of insurance should a small company have? Forbes has listed thirteen small business insurance types every entrepreneur should consider having:

  • General Liability Insurance
  • Property Insurance
  • Business owner’s policy (BOP)
  • Commercial Auto Insurance
  • Worker’s Compensation
  • Professional Liability Insurance
  • Directors and Officers Insurance
  • Data Breach
  • Homeowner’s Insurance
  • Renter’s Insurance
  • Life Insurance
  • Personal Automobile Insurance
  • Personal Umbrella Insurance

To understand what each of the aforementioned business insurances are for, visit Forbes now.

photo by: Alan Cleaver

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