40% of Small Businesses Face a Liability Claim — Is Yours Protected?

Running a small business comes with risk — and one of the biggest is liability. Nearly 40% of small businesses face a liability claim within their first ten years, whether that's a customer injury, property damage, or an accident on-site. Without the right coverage, a single claim can come directly out of your business's pocket, sometimes totaling tens of thousands of dollars. In this post, we explain how a Business Owner's Policy (BOP) bundles general liability and property protection into one affordable package, and why it's often the smartest first step for small business owners in New Jersey.