Many of the companies started every year take the form of a limited liability company or LLC. Registering as an LLC provides a certain amount of separation between your business assets and your personal assets.

General liability insurance is a type of coverage that many businesses have and all companies should consider. It can protect your business from many types of risk. When looking into the average cost for general liability insurance, it’s important to remember that this coverage includes customer property damage, non-employee bodily injuries, product liability, libel, slander, and copyright infringement.

Both business liability insurance, like a general liability policy, and errors and omissions insurance (also called E&O insurance or professional liability insurance) help protect your company from lawsuits and the associated costs. However, they’re designed to address different kinds of risks.

Workers’ compensation insurance is coverage that helps pay costs associated with on-the-job injuries, illnesses, and fatalities. This can include medical care, lost wages, and other benefits. Sometimes called workman’s comp insurance, it’s typically mandatory for businesses that have employees.

Workers’ comp insurance helps pay bills associated with work-related injuries, illnesses, or fatalities, including medical care, lost wages, and funeral costs. Most states require businesses that have employees to maintain workers’ comp coverage for them.

Engineering work is complex and involves specialized skills and methods for completing tasks. Consequently, firms face unique expectations and financial risks. Then, of course, there are the general risks that all businesses face. So, it’s important for engineering firms to assess their risks and get engineer business insurance to cover them.

A Certificate of Insurance is a physical or electronic document that proves you have insurance. It provides important details about your policy that you, a client, a landlord or someone else might require.

As a notary, you have an important job and must execute your duties carefully. Make even a small mistake and a client might sue you. Then, of course, there are other, more general risks—the kind that every business faces, like the risk of a visitor being injured at your place of business.

If you’re a home inspector, you face lots of risk in your work. To keep yourself covered, you need home inspector insurance. Let’s dive into what that is and why you need it.