There are business policies that you simply didn’t know existed.

Insurance is one of those things that all entrepreneurs shudder thinking about but know they need to have. Owning a business is hard work, and without the proper insurance, it can lead to big trouble if someone gets injured in your business. Most businesses have the basics: general liability, commercial property, etc. Here are five specific, and more obscure types of business insurance that could end up being very useful for any entrepreneur.

1. Tax Opinion Liability Insurance

Acquisitions, re-orgs, changes in ownership, and other big changes can make it a nightmare for any business owner when it comes to tax season. Tax opinion liability insurance protects the business in case of any tax burdens.

2. Business Life Insurance

Every business has that irreplaceable employee that has built such knowledge about the business, that everything might fall apart without him—especially in small businesses. If such an employee were to pass away unexpectedly, business life insurance would ensure your business has the resources required to keep it afloat.

3. Cyber Liability Insurance

Nearly every single business has an online presence that could potentially come back to cause some major trouble. If you store credit card information online, a security breach could end up costing you thousands, if not millions. Cyber liability insurance protects businesses from such breaches and lawsuits that come from the cyber attack.

4. Home Business Insurance

Millions of people in the U.S. operate some sort of small business from the safety of their own home. Homeowners insurance isn’t enough to cover damages done to business equipment outside of a personal computer. Getting a home business insurance policy will best protect your business from liability, theft, and compensation.

5. Income Stabilization Weather Insurance

Natural disasters like floods, tornadoes, and earthquakes can cause major damages. But nature doesn’t have to cause a “disaster” to have an adverse effect on business. This insurance offers small business owners a stable cash flow—especially when they’re dependent on foot traffic and simple rain or snow affects the flow of customers.

Being covered for everything is the best way to prepare you and your business for anything that may come your way. For more information on how you can protect your business from all angles, contact North American Underwriters today!