February 22nd, 2012
Not all startups are the same and many have different insurance needs, but when researching the protection required for your new venture, ask this question: “What catastrophe could put me out of business?” Then go after the proper coverage.
Most of the time you should consider general liability insurance for problems caused by an injury or damage to property, but even more insurance may be needed. Always check with your insurance agent to make sure you are safe.
Brian Tornow, of Strassman Insurance has a vast amount of experience insuring thousands of businesses throughout his career. When interviewed on an Entrepreneurs Club Radio program he outlined the types of insurances applicable for most startups.
Please listen here.