Starting a small business can be very professionally and personally rewarding. However, operating a company of any size involves risk. Natural disasters, accidents, professional errors, and employee injuries are just some of the events that can occur at any time and threaten your livelihood and that of your employees. Small business insurance helps protect your company from financial loss when problems arise.
If you’ve just started your first business and want to make sure your company is protected financially from liability and losses, you probably have business insurance questions. Well, biBerk has answers!
As a small business owner, you know that for good things to happen, you’ve got to make them happen. You’ve started down that path by creating your company and pursuing your vision. But you don’t want your business just to survive; you want it to thrive. That’s why it’s crucial to adopt certain traits of business owners.
Business offices may not have the risks of, say, construction sites. But that doesn’t mean there aren’t many types of costly incidents that can occur. If you’ve worked in an office for any length of time, you’ve probably seen things like property damage and accidents that could result in legal liability. That’s where office business insurance can be crucial.
From the minute you open your retail store in the morning until you lock your doors at night, you face the risk of lawsuits, property damage, theft, and other costly incidents. Issues can also occur when employees are preparing to open your store or doing cleaning and other post-closing tasks. In fact, incidents like claims of infringement in your advertisements can occur anytime. That’s why you need retail store insurance.
If you’re the owner, business manager, or other decision-maker at a medical practice, you know how complex your operations can be. There’s a continual stream of patients, vendors come and go regularly, you need expensive medical equipment and other assets to do your work, etc. Consequently, it’s no surprise when problems happen.
If you’ve been an installer for any length of time, you’ve probably heard stories or had experiences like this: The tool a flooring installer is using slips and punches a hole in a wall. Accidents happen. But now, the company has to pay for a drywall pro to come in and repair the damage.
Who’s hungry for success in 2024? Right… Everybody! One of the keys to achieving your business goals is identifying trends—in the economy, market conditions, buyer behavior, etc. The better you are at spotting and adapting to emerging business trends, the more advantage you have over your competitors. That’s always been true, but it may be even more critical in today’s fast-paced, digital world.
If you’re a home inspector or building inspector, this scenario isn’t hard to imagine: You’re on a ladder looking at some brickwork when you lose your footing, fall, injure your elbow, and need medical attention. Or maybe you fail to inspect a critical aspect of a home’s electrical system, which later causes a fire that damages the structure.
What’s often called “business insurance” is equally important for entities that may not consider themselves businesses. Townhouse associations and condo associations need to shield themselves from the financial fallout from lawsuits and losses, such as damage to association property.
We want you to make well-informed decisions about your insurance needs. Learn from answers to the questions most frequently asked by business owners.
