Top
image credit: Unsplash

Types of Insurance Policies That Are a Must for Small Businesses

January 27, 2020

According to a study conducted by The Hartford, more than 40 percent of small businesses will need to file an insurance claim in the next 10 years. This study covered the types of insurance claims most often filed by small businesses.

The study analyzed over a million policies purchased by small business owners over a period of five years. These pertained to liability claims, car accident claims and property claims. Although the percentage of filing an insurance claim in the next 10 years by small business owners may come as a surprise to them, the fact is that unexpected events occur more frequently than they would like to think.

Read More on Small Biz Club