Whether you’ve come up with the next hit fitness tool or are running a bookshop, your small businesses need the protection insurance provides. The trick is finding out which type of policy, or policies, will suit you. If you’re an entrepreneur, use the following guide to start your hunt for the ideal business insurance.

A Guide to Choosing the Insurance for Your Small Business

The Basics

First, ensure you have general liability insurance. This will prevent you from being sued and having to pay out of pocket, whether you’re accused of personal injury, defamation, property damage, or other suits.

If you work out of an office or storefront and have acquired a significant amount of capital, you’ll also want commercial property insurance. This will protect your workplace and work-related possessions if there’s a fire, a storm, or vandalism.

If You’re Offering Services

Perhaps you opened a hair salon or a consulting firm—in this case, you offer services to your customers, not products. To protect yourself from being sued if you make a mistake or are accused of negligence, you’ll need professional liability insurance.

If You’re Selling Products

Businesses that make, sell, or distribute products—whether they’re toys, snacks, or pieces of exercise equipment—will need product liability insurance. This means that if a customer’s child is injured because one of your products was defective, you won’t be held personally liable for their ailments. Instead, your insurance company would cover their medical bills and related damages.

If You Work From Home

Whether you’re a graphic designer or a counselor, you might work out of your home. In this case, you should opt for home-based business insurance, which is added to your existing homeowners insurance policy. That means that all the work-related equipment you store in your home will be covered, such as computers. This policy also includes liability insurance for third-party injuries.

If you’re ready to purchase the business insurance that’s right for you, turn to Pooja Kuhn – State Farm Agent. This Ashtabula, OH, insurance agent will sit down with you to find out exactly what protections your company calls for. With over nine years of experience in financial services and banking, as well as a background in customer service, you can turn to Pooja for patient, attentive guidance. To learn more about coverage options and discounts, call (440) 964-3276 to arrange for a quote. You can also visit her Facebook page to learn more about her insurance offerings, and request a quote on the website.