Kim Mercado for NEXT

10 surprising facts about general liability insurance for small business owners

General liability insurance can help protect your business. But too many business owners aren’t aware of its full scope, exclusions and hidden nuances and capabilities. And you don’t want to be caught unprepared and uninformed if you have to file a claim.

A NEXT survey of 500 small business owners found that 90% of small business owners aren’t confident that they’re adequately insured . Some policies can include stipulations and limitations. And business owners don’t always know all the details.

NEXT highlights some of business owners’ biggest misunderstandings around their liability coverage.

1. General Liability isn’t all-encompassing

General liability provides coverage for many

See Full Page