Most, if not all, New York business owners start small. And as a small business owner, you will want to protect your business as much as you can. Business insurance protects your enterprise from unexpected losses, often arising from unexpected circumstances. As a cushion for your business against lawsuits, you need to invest in comprehensive general liability insurance policy. Here are the top reasons why your small business needs this type of business owner insurance.
- Anyone can sue your business for something. You can keep your business affairs as peaceful as possible; but the bitter truth is anyone can sue your business for something. From property damage to personal injury to advertising damages, your business is always at the risk for a lawsuit. There is no telling when a law suit against your small business will arise, resulting from errors arising from negligence or malpractice. This is usually the case with service-oriented businesses. Liability insurance policies - general liability, professional liability, or product liability- serve to cover the legal costs involved in a lawsuit against your business
- Protect your investments. Many New York small business owners invest their entire life savings into their operations; only to lose a considerable part of their investments in a legal battle. One of the surest ways for you to give your start-up business the protection it deserves is to obtain ample liability insurance
- Peace of mind. Growing your small business can take time. Insuring your business early on gives you peace of mind, so you can direct your efforts at serving the needs of your market and growing your enterprise productively. Peace of mind comes from knowing that your business is firmly insured, especially during the most trying of times.
Rockland Insurance Agency can help you protect your business from the nasty repercussions of a business lawsuit.