Financial literacy is crucial — not just for managing your personal finances, but also for starting and running a small business. When New York’s small businesses succeed, our communities thrive. From family-owned shops to restaurants to professional services, these enterprises are the backbone of New York. These businesses are our friends and neighbors, and they provide essential goods and services, support local supply chains and create the jobs that maintain a healthy local economy.

Building a successful business requires more than a good idea. It requires a strong foundation. Understanding the role of insurance — the coverage available, how it works and why it matters — is a vital part of that foundation. The right insurance shields small businesses from catastrophic losses and allows them to grow with confidence. Insurance carriers are here to protect and defend policyholders, not just through coverage, but also by advocating for zero-tolerance anti-fraud laws that keep costs down and protect the integrity of the system.

While owning and operating a small business means always preparing for the unknown, insurance provides business owners with financial security and peace of mind. From supporting employees to protecting equipment and property, insurance allows entrepreneurs to stay focused on achieving their goals when the unexpected happens. Business coverage gives New Yorkers the assurance that they won’t have to........

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