One of the most vital business insurances is general liability insurance coverage. Though this coverage isn’t a requirement by law, it’s an important investment as it protects your commercial assets and pays for damage your business causes to others. Here’s a closer look at why you should consider purchasing general liability insurance for your business.
Data from Statista shows that retail sales in the U.S. have been increasing every year during the holiday season since the end of the Great Recession in 2008. Moreover, the holiday shopping frenzy can account for up to 30% of a business’s annual sales, according to the National Retail Federation. However, despite the high volume
Owning a business involves various levels of risk. In today’s litigation-happy world, people like to sue and will do so over minor events if they think there is a possibility of them gaining a financial reward. Protecting your business from any type of legal action should be your top priority. It is important to know
A recent industry survey found that 30% of small businesses in the U.S. have filed an insurance claim in the past 12 months. This goes to show that business insurance, for both small and large companies, is vital. When deciding whether to get business insurance, keep these 18 considerations in mind. Your business’s legal obligations