{"id":60,"date":"2025-03-28T04:00:00","date_gmt":"2025-03-28T10:00:00","guid":{"rendered":"https:\/\/www.affordableplusinsurance.com\/blog\/?p=60"},"modified":"2025-03-26T13:51:18","modified_gmt":"2025-03-26T19:51:18","slug":"do-one-person-businesses-need-commercial-insurance","status":"publish","type":"post","link":"https:\/\/www.affordableplusinsurance.com\/blog\/do-one-person-businesses-need-commercial-insurance\/","title":{"rendered":"Do One-Person Businesses Need Commercial Insurance?"},"content":{"rendered":"<p>Larry Burkman Agency has assisted many Huntsville, AL companies in finding commercial insurance that keeps them secure. But what if you run a one-person business? Will you need protection? Absolutely! Here&#8217;s what you need to know about the insurance type that makes sense for you.<\/p>\n<h2>Yes, One-Person Companies Need Insurance: Sole Proprietorship Policies<\/h2>\n<p>While it might seem odd to insure a business when you&#8217;re the only employee, sole proprietorship protection is critical! It&#8217;s available to exactly who the name suggests: firms with only one employee! How do you know if you qualify? Did you file organization articles with Alabama? If not, you count!<\/p>\n<p>Note: Sole proprietor companies and self-employed individuals are different! Typically, self-employed individuals include freelancers and independent contractors who work and get paid by other businesses. Sole proprietors literally own a business and control assets, debts, etc.<\/p>\n<h2>Insurance Types You&#8217;ll Need<\/h2>\n<p>When drafting your sole proprietorship business insurance policy, it&#8217;s critical to add a variety of protection types! After all, if you&#8217;re the only person liable for your business financially, protecting yourself is critical! Just a few types of insurance you should add to your company include:<\/p>\n<ul>\n<li>Liability protection to keep you safe from third-party claims (bodily injury lawsuits, etc.)<\/li>\n<li>Professional liability support to pay for negligence or mistakes in your business<\/li>\n<li>Business owner&#8217;s policy (BOP) that combines liability and property coverage<\/li>\n<li>Cyber insurance (if you handle sensitive information for your customers)<\/li>\n<li>Commercial auto (especially if you make deliveries, haul tools, transport passengers, etc.)<\/li>\n<\/ul>\n<h2>We&#8217;re Ready to Support You!<\/h2>\n<p>Do you run a one-person business and need commercial insurance you can trust? Call us at Larry Burkman Agency to get started! We&#8217;ll support your Huntsville, AL company by finding reliable commercial protection that keeps you safe and minimizes unnecessary and costly expenses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Larry Burkman Agency has assisted many Huntsville, AL companies in finding commercial insurance that keeps them secure. But what if you run a one-person business? Will you need protection? Absolutely! Here&#8217;s what you need to know about the insurance type that makes sense for you. Yes, One-Person Companies Need Insurance: Sole Proprietorship Policies While it [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[9,5,6],"class_list":["post-60","post","type-post","status-publish","format-standard","hentry","category-commercial-insurance","tag-commercial-insurance","tag-huntsville-al","tag-larry-burkman-agency"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.affordableplusinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/60","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.affordableplusinsurance.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.affordableplusinsurance.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.affordableplusinsurance.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.affordableplusinsurance.com\/blog\/wp-json\/wp\/v2\/comments?post=60"}],"version-history":[{"count":1,"href":"https:\/\/www.affordableplusinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/60\/revisions"}],"predecessor-version":[{"id":61,"href":"https:\/\/www.affordableplusinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/60\/revisions\/61"}],"wp:attachment":[{"href":"https:\/\/www.affordableplusinsurance.com\/blog\/wp-json\/wp\/v2\/media?parent=60"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.affordableplusinsurance.com\/blog\/wp-json\/wp\/v2\/categories?post=60"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.affordableplusinsurance.com\/blog\/wp-json\/wp\/v2\/tags?post=60"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}