Many sole proprietors assume that because the business is just them, they do not need business insurance. In reality, being a sole proprietor can increase your exposure, because there is no corporate structure between your business and your personal assets.
As a sole proprietor, a claim against your business can reach your personal savings, home, and other assets. A single liability claim or lawsuit could threaten far more than the business itself.
Beyond protection, clients and venues frequently require proof of insurance before they will work with you, so coverage can also be what wins you the job.
Start with the risks specific to your work rather than a one-size template. A licensed agent can help you keep it lean. Explore business insurance or start a quote.
Business interruption insurance replaces income lost when a covered event forces you to close. Learn how it works, what it covers, and why it matters in Florida.
Business InsuranceProfessional liability, or E&O, covers claims that your advice or services caused a client financial harm. Learn who needs it and how it differs from general liability.