Small business insurance helps to secure your LLC's financial health, preventing its assets from being wiped out by a liability claim, workplace injury or property loss.

Rather than pay an insurance company for coverage, some businesses opt to put aside funds and insure themselves.

What would happen if your business was sued? You damage a client's property, one of your employees is injured on the job, a customer slips and falls in your store—that's all it takes. And then what?

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Adding another financial responsibility to an already long list of expenses as a small business owner may seem a wrong move at first glance. But forgoing liability insurance could be detrimental to ...