Business insurance tips

Small business owners can typically deduct the cost of business insurance from their taxable income.

No single policy protects against all business risks. Different types of business insurance protect against customer injuries, property damage, cyberattacks, and other threats to your business.

A certificate of liability insurance is an insurance policy's proof of purchase. In order to get one, you must buy a small business liability insurance policy. After the policy is issued, most certificates of insurance are available online.

General liability and professional liability insurance both protect against common small business liabilities, but cover two different types of lawsuits. You may need to purchase one or both policies depending on your risks.

Both general liability insurance and workers' compensation insurance provide coverage when someone is injured at your business. Learn the benefits offered by each policy and whether it's necessary for your business.

General liability insurance and errors and omissions insurance both protect businesses against common liabilities, but they cover different types of lawsuits. 

Both general liability insurance and a business owner's policy provide basic protection for your small business, so which one is right for you? Find out which policy fits best by taking a closer look at their benefits and differences.