Summary W7 Business Insurance .docx BUSN318 Business Insurance American Public University BUSN318 B001 Spring 2021 Business Insurance When you decide to start your own small business, you need to consider business insurance. When choosing, there are sever

W7 Business Insurance .docx BUSN318 Business Insurance American Public University BUSN318 B001 Spring 2021 Business Insurance When you decide to start your own small business, you need to consider business insurance. When choosing, there are several factors that need to consider determining which type of insurance to obtain. Insurance is essential to small businesses to protect the company from different risks that can come up during normal operations. (The Hartford, 2021, para. 1) Insurance can cover several factors that may arise, but we will look at the four current coverages considered a must for small businesses. The following are four different types of insurance and in which business model they would be the best fit. General Liability Insurance General Liability Insurance protects the business from financial loss if found to be liable for property or personal injury caused by services you, your busin