Yes, even home-based businesses can face liability risks. General Liability Insurance protects against claims arising from business activities, regardless of location, including client visits and product-related incidents.

The cost of General Liability Insurance varies based on factors such as the size of your business, industry, location, and coverage limits. Typically, small businesses pay between $400 and $1,500 annually for coverage.

General Liability Insurance is not typically required by law, but it is highly recommended. Some industries and clients may require it as part of their contractual agreements, ensuring that businesses are protected against common risks.

Yes, General Liability Insurance can be tailored to fit the specific needs of your business. Coverage limits, deductibles, and additional endorsements can be adjusted based on your industry, business size, and risk exposure to provide optimal protection.

In addition to General Liability Insurance, businesses should consider other types of coverage such as Professional Liability Insurance (for protection against claims of negligence or errors in professional services), Commercial Property Insurance (to safeguard physical assets), and Workers' Compensation Insurance (for employee injury coverage). These complementary policies provide comprehensive protection against a wide range of risks, ensuring robust coverage for your business.