Do you have a small business or a home-based business in Cincinnati, OH? Business insurance isn’t just for larger companies. Even a single person doing any kind of commercial activity can benefit from business insurance. Advantage Insurance Network offers business policies to suit even the smallest businesses.
Why Small Businesses Need Business Insurance
All business creates liability. You can sell small, handmade trinkets from home, or rent a small office space somewhere.
In all cases, you create risks just by engaging in any form of business activity. Those risks can cost you a great deal if you don’t protect yourself against them.
The risks your small business creates will depend on the type of business. Generally, if you’re selling someone a product or a service, you create the risk of that product or service causing harm in some way.
Even when the harm is negligible, someone may attempt to sue you for damages. This can happen no matter the size of your business.
In addition, your business also comes with assets. Even if all you’re using is some craft materials and a computer, you’ll want to protect those things.
For example, if someone steals your laptop, you may find yourself out of business for a little while. If a fire destroys your inventory, you’ll have to pay in time and money to replace it all.
For people working from home, you need to understand your home insurance may not cover anything business-related. Check with your home insurance policy if you’re running any business activities from your home or any other part of your property.
What Kind of Business Insurance Does Your Small Business Need
You need business insurance that will protect you, your equipment, and your finances if something untoward happens. Your business insurance needs will depend on what you’re doing and how you’re doing it. To find a business insurance package tailored to your small business in Cincinnati, OH, contact Advantage Insurance Network today.