Navigating business insurance can be confusing. Two critical policies—general liability and workers' compensation—serve vastly different purposes. One protects your business from third-party lawsuits, while the other covers employee injuries. Confusing them can leave dangerous gaps in your coverage. This guide breaks down the key differences, explains why you likely need both, and provides tips for choosing the right insurance for your business.

Workers' compensation insurance is vital for protecting both employees and small businesses. However, the cost you pay varies based on several key factors. These include your industry, payroll size, past claims, and state regulations. By understanding these elements, you can manage costs more effectively. This knowledge helps ensure compliance with regulations. Additionally, it allows you to obtain the right coverage that aligns with your business goals.

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