Why You Need Liability Insurance for Your Small Business

If you’re like most small business owners, you’re probably not super excited by the idea of liability insurance. While this topic isn’t as much fun to talk about as productivity hacks or how to plan killer social media content, it’s just as important.

If you work with people, there’s a good chance you need liability insurance to protect your assets. I’m a photographer, so I have equipment worth thousands of dollars to protect! I’m also frequently in people’s homes and other venues, so I need to protect myself against potential damage to these spaces as well as my own equipment.

The last thing I want is a drunk uncle tripping over my tripod at a wedding reception, knocking an expensive lens on the floor, and spraining his ankle in the process! 

Liability insurance will protect you from these uncommon, but totally possible, mishaps.

Liability insurance also helps your small business from claims that come from your normal business operations such as property damage (as discussed), physical injury, defense costs, and personal advertising injuries.

PSA: *If you are reading this during the COVOID-19 crisis and are quarantined at home, now would be the perfect time to start researching some small business insurance options for your business. Do not put this off on the back burner!*

There are two types of coverage a small business owner should consider having

1-General Liability Insurance

-this helps pay for lawsuits if you are alleged to cause bodily injury or property damage.

2-Professional Liability Insurance

-this helps pay for lawsuits if you are alleged to make errors or omissions in the service your business provides.

In other words, general liability protects you against the drunk uncles of the world (aka if someone damages your items at a wedding or a special event), while professional liability protects you from an unhappy customer who doesn’t think you fulfilled your side of a contract. 

I source my insurance through State Farm, and I highly recommend working with them! They truly are there for me “like a good neighbor”. 

In Summary

If you’re running a side hustle, you may not have taken this step yet. But if you’re serious about running a professional business, you really need insurance coverage. Some states, areas, or venues will require that you have proper coverage before you can operate. Regardless, protecting your business with liability insurance shows you are a true professional who takes your business seriously! And one more time: PSA: *If you are reading this during the COVOID-19 crisis and are quarantined at home, now would be the perfect time to start researching some small business insurance options for your business. Do not put this off on the back burner!*

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Are You Ready to Build More Awareness About Your Business?

Now, if you are at a point in your small business where you are ready for a complete branding session and you need content, not just for an updated profile picture, but you need professional photo content for your social media and website to boost your online presence, I would love to chat with you about capturing and best illustrating the message behind your business through a branding session! To schedule a branding session with me, please click here.

If you enjoyed reading this article, please share it on Facebook or on Pinterest! I love encouraging other small-business owners and I love connecting with other businesses as I continue to grow my own small business!

Nashville Branding Photographer & Business Systems Educator Dolly DeLong Photography

Dolly DeLong is a Nashville-based family & branding photographer and a creative business educator & encourager. Dolly loves serving families, eloping couples, and business owners with her timeless, radiant photography. She loves capturing the joy and emotion in both digital and film photos.

She also has a heart for serving the larger business community. Dolly shares her knowledge of tools like Pinterest, Dubsado, email marketing, and business systems with new creative business owners in an encouraging and supportive way through automation training, helpful blog posts, and her online courses. You can start your automation journey here.

Dolly’s faith and love for her family motivate her to help other business owners find the joy and freedom she’s found in running a successful small business.

Whenever she has a spare moment, she enjoys watching TV (i.e. Survivor), eating way too many sweets, and listening to podcasts while running or walking. To work with Dolly DeLong Photography LLC, please email her at thedollydelong@gmail.com or fill out her contact form here.

Interested in elevating your business with some professional branding photos? Please click on the image below to schedule an appointment with Dolly DeLong Photography!