What are the requirements for business insurance?
The requirements for business insurance can vary by state and industry, but generally include liability coverage, property insurance, and workers' compensation.
Do I need insurance if I run a home-based business?
Yes, even home-based businesses typically need insurance to protect against risks like liability and property damage.
What types of business insurance should I consider?
You should consider general liability, professional liability, property insurance, and possibly business interruption insurance.
How can I determine the right coverage amount?
To determine the right coverage amount, assess your assets, potential liabilities, and consult with an insurance agent for tailored advice.
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