economy

Small business insurance explained: Coverage every business owner needs to consider

You can protect your small business against common risks, such as liability claims, property damage, data breaches, and commercial car accidents, with the right small business insurance coverage. Many small businesses opt to bundle core coverages together into a discounted insurance package known as a business owner’s policy (BOP).

Small business insurance explained: Coverage every business owner needs to consider

TL;DR

  • Small business insurance protects against common risks.
  • Risks include liability claims, property damage, data breaches, and commercial car accidents.
  • A business owner's policy (BOP) bundles core coverages.
  • BOPs offer a discounted insurance package.