​The United States is a land of opportunity for everyday people. Almost 99% of all businesses in the country consist of small businesses. It highlights the effort many Americans are willing to put in to build a successful enterprise of their own. 

Small businesses, however, are still susceptible to several risks that all businesses face. Unlike bigger companies and corporations with millions of dollars at their disposal, small businesses have limited means. This means that a minor unexpected incident can create a large financial setback. It’s why - even before the pandemic - 20% of businesses don't see it through their first year.

​Your home is where you can indeed be yourself. It's a place that reflects your personality, and the memories created there are priceless. But what happens when the unthinkable occurs? Is your home at risk of being destroyed in a natural disaster? You won't have to worry much about it thanks to home insurance!

​Commercial insurance is a type of insurance that covers businesses against risks. When you have commercial insurance, the financial risk for your business is reduced because it has been transferred to an insurer. 

Without this protection, if something goes wrong and the costs exceed what you can cover yourself, the business might have to close its doors. This article will answer some common questions about commercial insurance for contractors and trade companies like yours!

​Whether you're a new business owner or an established one, you need to have the right coverage in place. Insurance can be expensive, so going without it may seem appealing, but this is never a good idea. You could find yourself facing severe financial trouble as soon as something goes wrong.

Business insurance is an important topic, and it's not one that you should take lightly. Even if your business is a new startup with no assets or revenue, you still need to be prepared for legal proceedings or natural disasters. A good rule of thumb is to have enough coverage for at least three times your annual revenue - but this will vary depending on what type of business you own.