Life-Changing Insurance Secrets Business Owners Must Know

Types of Business Insurance You Should Consider

There are several types of insurance policies that business owners should consider, depending on the nature and size of their business. General liability insurance is a must-have as it covers legal hassles due to accidents, injuries, and claims of negligence. Property insurance is equally vital, protecting your physical assets against theft, fire, and other damages. For businesses with employees, workers' compensation insurance is often legally required, covering medical expenses and lost wages for employees injured on the job¹.