Most Small Business Owners Know That They Don’t Know Enough About Insurance

Digital insurance tech company Next Insurance surveyed 500 small business owners in the US, and their main takeaway was that small business owners have a “blind spot” when it comes to insurance issues.

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According to survey results, more than 9.5 out of 10 survey respondents did not achieve a passing grade on a general insurance knowledge examination. Relatedly, 9 out of 10 of respondents don’t believe their business to be sufficiently covered in the event insurance is required.

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You can read more about the survey here to gain a better understanding of the small business owner’s perspective on these and related commercial insurance issues.