5 Mistakes Small Business Owners Make When Purchasing Insurance Policies

With so many liabilities, insurance providers, and policy options for small businesses to consider, purchasing proper coverage can be a time-consuming, complicated process. But with your business’ finances and reputation on the line, it couldn’t be more critical.

Every company has different needs and risks, so finding the best small business insurance for yours requires a lot of research, risk assessment, and financial calculations. But this is not the time to try and save time and money—with inadequate coverage, you may spend even more time and money in the future in the face of an unexpected event or lawsuit.
Identifying and understanding the common mistakes that small business owners make when insuring their business is the best way to prevent you from making them yourself.…
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