Being a small business owner is both demanding and rewarding in equal parts. Protecting your small business is probably a major concern. You may be wondering, “What kind of insurance do I need for a small business?” Not only is your business your livelihood, but it’s your most visible accomplishment. And just like you would protect your home and family, you need to protect your company.

Charles Newman Company has been insuring small businesses for decades. No matter what your business needs, or will need in the future as it grows, Charles Newman will be here to protect and guide you. We offer a variety of insurance options for small businesses and our insurance brokers are experts who’ll explain them to you clearly and completely.

Insurance Plans to Consider

If the past year has taught small business owners anything, its that the unexpected will happen. So what to do to protect yourself and your business in the future? There are a variety of insurance options to address these concerns.

Life Insurance

Life insurance for yourself and any key employees, like managers, is important to have. It provides a safety net for family in the event of death and helps pay any funeral costs. While better plans will allow for a payment that helps offset any loss of income that will occur.

Disability Insurance

Your ability to perform and manage your business is vital. Should an injury or illness impact that ability you may be unable to earn the income you need to keep your business and family afloat. Disability insurance helps to protect against the loss in income caused by a disability.

Liability Insurance

Primarily, liability insurance protects yourself and any assets in the event of a lawsuit or injury caused by the actions of yourself or your company and it’s employees. This insurance will also cover any legal fees that may occur even if the lawsuit is fraudulent.

Business Insurance

Usually this type of insurance is often a package, similar to that of your homeowners insurance. It usually will cover contents such as materials and supplies, in addition it may cover the business building itself and any general property. This can protect you from losses caused by theft, fire, storms, and sometimes accidental damage.