When thinking about the type of insurance your small business needs, it’s important to understand the most common small business insurance claims. What’s even more important is learning how to prevent them. Even with insurance, it’s still time consuming to deal with business damage or lawsuits. Overall, there are five types of claims that happen the most often. While you hope they never happen to your business, it’s always better to be prepared.

Burglaries account for 20% of all small business insurance claims. It’s disheartening to drive up to your business and see a busted window or …

When it comes to managing your business, it is common to get so wrapped up in your day-to-day tasks that business insurance coverage can often seem like an afterthought. However, it is crucial that your business has the appropriate coverage to protect your organization against any claims or lawsuits that may arise.

Depending on the severity of the claim, just one lawsuit could have the potential to bankrupt your business. At the very least, it can severely damage your organization’s reputation, making it more difficult for your business to attract new clients and retain your current ones. Here are a few …