In any business, risks cannot be ruled out. In case of a small business even a small risk can make a huge impact on the growth and sustainability of the business. If you are a small business owner you need to understand the terms and jargon in the world of insurance. Understanding the basics of business insurance can set your business up for success, protect you from loss and help you identify credits &/or discounts. Common risks for any business include, damage to your business property or others property, life hazards to employees and public law suits. None of these is a small liability that you can afford to overlook. Dana Hellstrom, Eckert Insurance Agency, will provide a discussion of the types of insurance policies and help identify different types of risks including: business property, general liability, commercial auto to Worker’s Compensation.
Risky Business: Understanding Commercial Insurance