When it comes to running your business, you need to make sure you have the right type of insurance in place to protect your business. There are a few elements you need to take into consideration when choosing the right coverage for your business. Element #1: Legal Obligations The first thing you need to understand is what type of insurance you are legally required to carry for your business. Some businesses are required to carry certain types of insurance based on state or local laws, as well as certification standards.
29 February 2020