You can run a business without insurance, but it’s risky. Business insurance is there to protect you and your customers in case something goes wrong. Without insurance, you will be responsible for any legal fees or costs that arise from legal action or claims, and you will bemresponsible for any financial damages.
There are different types of insurance that you can have for your business but these include things like liability insurance (which protects your business from being sued), property insurance, and equipment insurance.