Does an LLC in New Jersey need business insurance? 

Yes, in most cases. An LLC shields personal assets from business debts, but not the business from lawsuits. New Jersey law also makes LLC members personally liable for workers’ compensation benefits when the business is uninsured. General liability or a Business Owner’s Policy fills that gap. 

By Heather

Heather focuses on small business insurance at Gild Insurance Agency, writing clear, practical guidance that helps business owners understand coverage, manage risk, and protect their businesses.