Bankruptcy may be the only option for companies faced with lawsuits. But according to a recent Insureon and Manta survey, most small businesses lack business insurance policies that could cover lawsuits and other incidents that often lead to bankruptcy. Only 28% of respondents had a business owner’s policy, 21% had professional liability or errors & omissions coverage, and 17% had workers comp. Business insurance provides a financial buffer from lawsuits, so review your current coverage and consider adding more.
New blog post today! Eliminating Pain Points of Paper Filing When Switching to e-Filing
