The best insurance for a small business depends on how it operates, but most businesses start with:
- General liability insurance to cover third-party injuries and property damage
- A Business owner’s policy (BOP) for bundled liability, property, and business income protection
- Workers’ compensation insurance if the business has employees
- Professional liability insurance for service-based businesses
- Cyber liability insurance for businesses that handle customer data or payments
This structure mirrors the way Gild builds coverage, starting simple, meeting requirements, and adding protection as the business grows.
