Skip to main content
Insurance by Need

Starting a Business

The moment you start operating, one lawsuit, accident, or client claim can reach your personal assets if the business isn't protected — and many landlords, lenders, and clients won't work with you until you show proof of coverage. Getting the right foundation in place early is often a condition of signing a lease, landing a contract, or opening your doors.

Coverage to Consider Schedule Consultation

Who this coverage is for

This is for new owners launching a business and setting up coverage for the first time. It's also for anyone who's been told they need proof of insurance to sign a lease, land a client, or get licensed.

What it can help protect

Launching a business creates exposures you didn't have as an individual:

  • General liability — third-party injuries and property damage tied to your work.
  • Professional liability — claims that your advice or service caused a client a loss.
  • Property and equipment — tools, inventory, and gear your business relies on.
  • Workers' comp — required in California the moment you have employees.
  • Contract requirements — the specific coverage landlords, lenders, and clients demand before working with you.

How Sterling Lloyd helps

Sterling Lloyd can help translate the business model into a practical starting point, collect the right information, and route the account to licensed commercial review.

Coverages to consider

The coverages most relevant to Starting a Business, tiered by priority. Start a quote on any one, or have an advisor review the whole stack.

Core

Business Owners Policy (BOP)

Bundles liability and property for small businesses.

Get a quote
Core

General Liability Insurance

Foundational third-party liability cover.

Get a quote
Recommended Often required

Workers' Compensation Insurance

Required as soon as you hire employees.

Get a quote
Situational

Professional Liability / E&O

If you provide advice or professional services.

Get a quote
Situational

Cyber Liability Insurance

If you store customer data.

Get a quote
Have an advisor review the whole stack →

Common Questions