The Insurance Information Institute (III) in New York City estimates that about 40 percent of small business owners have no insurance at all, because many falsely believe they can't afford coverage. The truth is a small business can't afford not to have adequate insurance. Without insurance, you're unnecessarily putting your livelihood at risk. That's also why many landlords, suppliers, and other entities you work with will probably require you to have coverage.
If you're having difficulty determining which kind of insurance your business should have, you might want to check with the following agencies:
- The county or city clerk
- A local chapter of your industry association
- The state insurance office
No comments:
Post a Comment