Running a small business is rewarding, but it also comes with risks. From customer lawsuits to property damage, a single incident can cost thousands—or even force a business to close. That’s where business insurance steps in. Business insurance protects small business owners against financial losses caused by accidents, lawsuits, natural disasters, or employee injuries. According to the Insurance Information Institute, nearly 80% of U.S. small businesses carry some form of insurance, highlighting its importance. This guide explains what business insurance is, the different types available, how much it costs, and how to choose the right coverage for your business. 👉 Whether you’re a retail shop owner, contractor, or consultant, understanding…