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Do I need to get insurance for my small business?
Do I need to get insurance for my small business? Or is it only necessary for large enterprises? I would like to get insurance, but I do not know where it is better to do it. Share your experience, please!
- PatricHoran 5y ago[dead]
- daviddever23box 5y agoIt’s an extremely good idea to have liability insurance, and most states have statutory requirements for workmans’ compensation and other coverage.
- ksaj 5y agoDepending on what the business is, some companies will refuse to do business without it. For example, IBM only hires contractors with a specific amount of liability insurance. And it makes sense - you're working with them on their property, but since you're not an employee, you aren't covered under their liability insurance.