Running a business involves a huge investment. Business insurance protects your investment by minimizing financial risks associated with unexpected events such as an injured employee, death of a partner, a natural disaster or a lawsuit. Business insurance is not required by law, however, you should purchase enough insurance to cover your assets. If your business is a corporation or an LLC, your personal assets are protected from business liabilities; however, these types of businesses are not a substitute for liability insurance, which covers your business from losses. So check out netquotes on business insurances to minimize risks.