You may feel protected enough because your customers are behind a computer screen, but unfortunately, even online businesses can fall prey to real world lawsuits. Here are some of the types of business insurance in Wayne, New Jersey that you should have as an online business to protect you from being sued in person.
It’s essential for any company with a storefront, virtual or otherwise, to have general liability insurance. Not only will it protect a business with a physical location from personal injury claims, it will also protect your business against claims of slander or libel.
Professional liability insurance will cover you and your business in the event someone files a lawsuit. The unfortunate truth is that just because your business is web-based doesn’t mean a dissatisfied client won’t sue you for negligence or malpractice.
A business owners policy or BOP combines business property insurance with general liability insurance. An online business uses certain tools and equipment just as any other business. You have a computer, internet connection hardware, a printer, and more. Your BOP will cover the costs if these items are damaged or destroyed.
In this digital age, more and more people are choosing to operate businesses solely online. Whether you run an ecommerce store, web development, marketing, or other online-based business, having business insurance in Wayne, New Jersey is still important.