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https://www.sba.gov/business-guide/launch-your-business/get-business-insurance Get business insurance Business insurance protects you from the unexpected costs of running a business. Accidents, natural disasters, and lawsuits could run you out of business if you’re not protected with the right insurance. Content Pick the type of business insurance you need 6 common types of business insurance 4 steps to buy business insurance Pick the type of business insurance you need The protections you get from choosing a business structure like an LLC or a corporation typically only protect your personal property from lawsuits, and even that protection is limited. Business insurance can fill in the gaps to make sure both your personal assets and your business assets are fully protected from unexpected catastrophes. In some instances, you might be legally required to purchase certain types of business insurance. The federal government requires e...