Is Your Small Business Properly Insured?

Just because a business isn’t a traditional brick and mortar establishment doesn’t mean it can go without business insurance. Even a home-based business needs insurance. Many people assume they are already covered under their homeowners policy when they are working out of their home.

Unfortunately it’s not that simple as most homeowners policies contain a business exclusion in the standard policy provisions. Instead, they should consider the liability aspect for both general liability and professional liability the small business may have.

And just like every business is a little different, there isn’t a cookie cutter solution that fits every small business’ needs. If you, or someone you know, own a small business, it’s strongly recommended to make an appointment with us here at Lawley to discuss the business exposures and coverage needs. Here are just a few “what if” questions to consider that can help guide that discussion:

  • What if my tent or awning collapses on a customer?
  • What if my display blows over onto another vendor?
  • What if my product breaks a copyright law?
  • What if my product injures somebody?
  • What if someone trips or falls when they are picking up goods from my home?

Regardless of size or industry, all businesses face potential risk and Lawley can help you find the right coverage to fit your unique needs.

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