A solo entrepreneur who owns a small marketing agency in NYSC recently started a thread on Reddit with a simple but important question: Business insurance, do I need it?

 

This was an interesting thread because people shared their experience and some of them were as follows;

user 3. Business insurance is a small cost for a BIG benefit. You pay a couple hundred dollars a year, and know that if something goes sideways, you’re covered. I run a daycare, and I have very thorough liability coverage that will basically take care of anything. If I fuck up, if one of my employees fucks up, if the house burns down … anything at all, and it’s covered by the insurance company.

SafetyMan45. It is generally very cheap but provides SOOO much protection for mistakes within and out of your control. YES, but Business insurance.

Someone else shared a funny experience of being sued because a client tripped over a cable he had out.

In all the comments and related questions concerning business insurance, they all agreed on one thing:

“You insure what you can’t afford to lose. If your business has assets, clients, or operations that could get hit by unexpected events, insurance is a smart move.”

What is Small Business Insurance?

Small business insurance is a safety net. It protects your business from financial loss if something goes wrong — whether that’s property damage, lawsuits, theft, employee injuries, or unexpected disasters.

While we always hope that nothing goes wrong in our business, it’s important to stay realistic and recognize that unexpected issues can arise- accidents, legal issues, theft, or disasters don’t wait for your business to “get big.”

That’s why having insurance, no matter how small your business is, is not just wise, it’s necessary.

❌ Common Myths Small Business Owners Believe

1. “I’m too small to need insurance.”
Even a solo freelancer or one-person shop can face a lawsuit or lose essential equipment. Size doesn’t equal immunity.

2. “It’s too expensive.”
Many plans are affordable and customizable. The real expense? Replacing a $10,000 machine out-of-pocket or facing a legal claim with no backup.

3. “My LLC already protects me.”
LLC status can protect you personally, but it doesn’t replace business insurance. You still risk losing the business itself without coverage.

The Benefits of Having a “Good” Insurance Plan (Not Just Any Insurance)

Let’s be honest — not all insurance is created equal. A “good” insurance plan doesn’t just check a box or satisfy a legal requirement. It actually works for you when life hits hard. Here’s what that means in real-life terms:

✅ Peace of Mind

Running a small business comes with enough stress — marketing, keeping clients happy, managing cash flow — the last thing you want is to constantly worry, “What if something goes wrong?”

A good insurance plan removes that background anxiety. Whether it’s a flood in your shop or someone tripping over a cord in your workspace, you know you’re covered. That kind of mental relief frees you up to focus on growth — not damage control.

🤝 Client Trust

Insurance isn’t just a formality — it’s a sign of professionalism and preparation. In many industries, being insured is expected and can influence whether clients or vendors choose to work with you.

According to the U.S. Bureau of Labor Statistics, approximately 20% of small businesses fail within their first year, and nearly 50% falter by their fifth year.

Looking for the Best Business Insurance? This One Stands Out for All the Right Reasons

Choosing the right insurance provider isn’t about flashy ads or complicated policies — it’s about trust. And for many small business owners, Hartford Insurance checks the boxes that actually matter:

✅ They Pay When It Counts

One of the biggest fears small business owners have is putting money into an insurance plan and then being left in the dark when it’s time to make a claim.

With Hartford, you’re backed by a company known for its reliability and efficient claims process. That means when the unexpected hits — from property damage to liability issues — you’re not stuck chasing answers. You get real support and fair payouts, fast.

📞 Real Human Support — 24/7

Ever tried to explain a complex issue to a chatbot at 2 AM? Yeah — not fun. Hartford gets it. Their 24/7 customer support gives you access to actual humans who understand business, urgency, and how to help when things are going sideways.

Whether it’s a quick question or a full-blown emergency, there’s always someone on the other end who’s ready to step in.

💰 Affordable Coverage for Small Budgets

Let’s be honest — most small businesses are operating lean. That’s why Hartford offers flexible coverage options designed to fit your budget without compromising what really matters.

You don’t need to overpay for protection you don’t need. With Hartford, you can build a policy that makes sense — both for your business and your wallet.

🧩 Business-Type Friendly — Whether You Cut Hair or Write Code

One thing that makes Hartford Insurance truly stand out is how well they serve a wide range of business types. Whether you run a pet grooming studio, freelance as a web developer, cut hair in a small barbershop, offer online counseling, or work as a content writer etc — they’ve got policies built to protect your business model.

Join over a Million Business owners who sleep better at night knowing they’re fully protected with Hartford Insurance by their side.

Click on the “Get a free quote” button and fill out the form to get started

Business Insurance for as low $12 Per Month- When you sign up via our link and fill the form.

LIMITED OFFER- ENDING SOON