Even the smallest businesses are in need of coverage! Just because you run a small business does not mean you have less of a responsibility than the big guys. It is in your best interest to be aware of your options when it comes to coverage, specifically small business liability insurance. Business owners should be aware of general liability, professional liability and even product liability.
While all three of these options are important to know about, general liability is the most common. Here are a few benefits of small business liability insurance:
- Protection for injuries that happen to others, resulting from your premises, operations, or products.
- Protection for damage to property of others caused by your business operations.
- Protects the company from any offenses including false arrest, wrongful entry, libel, slander, etc.
- Protection against certain offenses that may arise out of your advertising efforts.
General liability insurance is considered the foundation of every business insurance plan. No matter what industry you are in, every small business should consider purchasing general liability insurance.
Small Business Liability Insurance
As you can see, a business would not be able to run smoothly without this policy in place. Depending on the type of business you run, this policy may be the only liability policy you will need! If you are not sure or concerned about your protection, do not hesitate to contact us at Safeguard Insurance. We would be more than happy to discuss the benefits and importance of liability insurance for Nevada businesses!