Are you insured for the risks your small business presents?
Anna Maria Viti-Welch, principal of the Viti Companies, joins The Savvy Entrepreneur Radio Show to talk about some of the many misconceptions people have about business risks and insurance coverage they may want or need.
For example, a common assumption is that, if you work on your business out of your home, that your homeowners insurance policy will cover you. Another is when you need business auto insurance. A third common mistake is not ensuring for data privacy breaches and other cyber risks. A fourth is risks to officers and your directors and even investors.
Anna Maria takes listeners step by step through the different types of business insurance and the kinds of business activities that might need to consider insurance.
Business insurance is not the sexiest of topics for entrepreneurs, but Anna Maria believes all small business owners need to be fully informed to adequately assess their the risks and knowledgeably address them. Only then will they be able to balance the cost of coverage with the downside risks of operating without insurance or being underinsured.
Click on the arrow to listen to a topic that most small businesses need to know more about!
Podcast: Play in new window | Download