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Frequently Asked Questions
Why do I need business insurance?
Business insurance is essential because it safeguards your business from unforeseen financial risks. It can help cover the costs of property damage, liability claims, legal fees, and other expenses that could otherwise affect your business.
How much does business insurance cost?
The cost of business insurance depends on many factors, including the size of the business, the industry, the location and the coverage limits. Check out our recommendation engine to receive policies tailored to your business with estimated costs.
What does business insurance cover?
The coverage provided by business insurance depends on the type of policy you purchase. Common coverage areas include property damage, liability claims, shareholder lawsuits and data breaches.
Do companies belonging to specific industries particularly need business insurance?
Every business faces unique risks and liabilities, regardless of industry.
It would be prudent to reach out to your insurance provider for a clear picture of the risks typically faced by businesses like yourself and how to mitigate such risks. Book a meeting with a Plum insurance expert here.
Why should I choose Plum for Business Insurance?
- Provides one-touch access to trusted insurers and cost-effective plans.
- Connect with insurance experts for regular check-ins and advisory support
- Brings the expertise and leverage with insurance companies for high-value claims