Small Business Insurance Trends To Watch in 2023

New technologies, like robotics, artificial intelligence (AI) and drones can help grow your business. But they can also introduce new risks. That’s why in 2023, new business insurance trends show that more and more companies are expanding their seguro de negocio coverages.

 

As technology increases, things can get more complicated. Just think, if driverless cars or automated vehicles get in an accident, who is responsible?

 

This means you’ll want to make sure you have the right types of coverage for your small business insurance as you bring in new technology to your business model. To ensure you understand what insurance you need for your business, you’ll want to consider a few things:

 

Buying an umbrella policy is helpful because it extends your coverage if a claim costs more than your policy limits. For example, let’s say your drone crashes into a house and hits someone. They file a claim against your business for their injury and property damage, but their claim exceeds your general liability insurance policy limits. Umbrella coverage can help pay the difference.

 

Assessing your risk levels by reviewing your business operations. Start by understanding what your risks are. For instance, are your computer systems secured with up-to-date software? To protect yourself, you’ll want the right data breach insurance coverage.

 

Embracing new technology can help propel your business forward. However, small business owners should always know the risks they face. To learn more, work with licensed insurance companies, like The Hartford. We’re here to help make sure you get the coverage you need. Call our representatives today at 855-829-1683 or obtener una cotización online to get started.

 

With over 200 years of experience, we’ve helped over 1 million small business owners like you. We know every company is unique and we understand the risks your small business faces. Our specialists are here to help get you the right coverage and answer any questions you have.