What is Start Up Insurance?
Although start up businesses might be new and small, they’re rarely free from risk. Most face at least some risks on the first day of operations, if not even before they officially begin. To help protect new businesses in Massachusetts, insurers offer a variety of start up insurance products.
“Start up insurance” doesn’t refer to a single type of insurance policy as much as it’s a catch-all term for a range of products that may help start-ups protect themselves. There are many different kinds of commercial insurance policies that may be of interest to new businesses.
What Businesses in Massachusetts Should Purchase Start Up Business Insurance?
Most new businesses in Massachusetts ought to have a commercial insurance policy, for operating without insurance can leave a business exposed to a significant amount of risk. While start up business insurance isn’t the only option for new businesses, it’s often one that many new businesses should consider. Generally speaking, the vast majority of new businesses should discuss the protections that start up business insurance offers with an informed insurance agent.