Do I need business insurance?

Last updated
July 9, 2025
Do I need business insurance?

Having business insurance ensures that you and your business are protected should the worst happens.

These policies can help cover the costs that arise due to property damage or liability claims-without which you'd have to pay for legal claims and damages out of your own pocket. The costs can add up to a significant amount-and can be financially devastating for self-employed workers and small business owners.

Having business insurance ensures that you and your business are protected should the worst happens.

These policies can help cover the costs that arise due to property damage or liability claims—without which you’d have to pay for legal claims and damages out of your own pocket. The costs can add up to a significant amount—and can be financially devastating for self-employed workers and small business owners.

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Business Insurance Guide

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