What types of insurance policies should my business have to protect against potential liabilities?

As a lawyer, I recommend that your business carry insurance policies that provide coverage for potential liabilities. Here are some types of insurance policies that you may want to consider:

1. General Liability Insurance: This insurance policy provides protection for your business against claims of bodily injury, property damage, or personal injury caused by the business operations, employees, or products. General liability insurance is essential for all businesses, as it can protect your assets and help you pay for legal expenses.
2. Professional Liability Insurance: This policy is also known as errors and omissions insurance, and it provides coverage for claims of professional negligence or malpractice. If your business provides advice or service, professional liability insurance can protect you against claims of errors or omissions that result in financial loss or damage to the consumers.
3. Workers' Compensation Insurance: This coverage is required in most states for businesses with employees. It provides benefits to employees who are injured or get sick due to work-related activities. Workers' compensation insurance covers medical expenses, lost wages, rehabilitation, and death benefits.
4. Cyber Liability Insurance: This policy provides protection to businesses against cyber risks and data breaches. If your business stores confidential data or financial information, cyber liability insurance can cover financial losses or legal expenses associated with data breaches or cyberattacks.
5. Property Insurance: This policy covers damage to the business property, including buildings, equipment, and inventory. Property insurance protects against losses due to fire, storm, theft, or vandalism.

It's essential to review the policies to ensure that they cover all your potential risks and liabilities. Also, check whether the coverage is adequate and the premiums are reasonable. In case of limitations or exceptions to the policy, make sure you understand them and take additional actions to mitigate the risks. Finally, consult with a licensed attorney to determine what types of insurance policies are best for your business based on your specific circumstances.