1. Hope is not a plan
Lawsuits are on the rise. Maybe it won’t happen to you, but small business insurance provides business/commercial liability protection. In other words, your insurance company can help protect you.
2. The wall is small
Without proper separation, you may be putting your personal situation and finances at risk based on your business activities. Business liability insurance, and the appropriate business structure, can help provide valuable protection.
3. Your business income is essential
If your business is forced to shut down operations due to a covered loss, business income coverage can help replace the income lost while you get things back up and running.
4. You’re a magnet for cybercrime
From fraudulent money wire transfers to security breaches, it’s real. Even with an array of protective measures, the worst can happen. Small business insurance can help you put the pieces back together.
5. You have business property
Your business may not require a lot of equipment. However, it’s likely that you have computers and other important business property. This should be protected by business insurance.
6. You are in the market to add employees
An extra hand could be a force multiplier. However, if it turns into a wrongful termination or harassment lawsuit, your small business insurance may provide liability protection.
Take a close look at business insurance as part of your overall protection plan. Learn more at usaa.com/smallbusiness.