Top 5 Reasons Why Every Business Needs Insurance
Running a business comes with a number of inherent risks; an employee could be injured whilst on the job, your property could be hit by a fire or a natural disaster, or a client could file a lawsuit, for example.
For these reasons amongst many others, it’s important to make sure that your business assets are protected. One of the best ways to do this is to ensure that your company is adequately insured. We’ve put together some of the top reasons why your business needs insurance.
It’s Illegal Not To:
First of all, it’s actually the law to insure your business if you are hiring employees. Legally, employers need to be covered with certain types of insurance including worker’s compensation, unemployment, and disability, depending on your state. Failing to get these legally requir...