One of the biggest mistakes small businesses and startups make is assuming that they’re “not big enough” to worry about insurance coverage. One of the biggest mistakes large and established companies make is being underinsured for their risk exposure.
Whether your business is a storefront, an office environment, or an at-home operation, it’s crucial to protect yourself, your officers, your employees, and your company.
There is a lot of joy and satisfaction in owning a successful business. But there are potential offsets that make it necessary to carry insurance coverage for your peace-of-mind. Employees (both management and crew) make mistakes, sometimes by accident and sometimes out of malice. People get injured on the job. Customers get angry. Workers get disgruntled. Accidents happen, and property gets damaged, destroyed, or stolen.
You can worry less and focus on productivity by carrying adequate insurance protection. You may not be able to prevent a claim against you, but if you’re properly covered, you can avoid setbacks (or financial disaster) via your commercial insurance policies.