The most successful business owners know they can't predict the future, but they can do their best to be prepared for it. One of the best ways to prepare your business for unforeseen challenges is to invest in business liability insurance. Both small business insurance and general business insurance can protect your establishment from incurring significant losses due to covered events. The cost of business insurance can vary, depending on the size of your company, the nature of your business, and the type of policy you hold, but a good business insurance policy will provide great coverage at an affordable price.