All business owners should consider purchasing commercial general liability insurance. No matter what the nature or size of the business, there are a host of potential problems that could result in the business being held liable and even sued. From injuries to damaged property, the risk is always present. There are ways to minimize risk, but no way to prevent it altogether.
What are the risks exactly? A number of things. Accidents that happen to anyone that is visiting your place of business is one example. Another would be any damage that is caused to property that belongs to someone else. Events such as these are quite common, unfortunately. Both of these, and more, can result in a lawsuit. The proper coverage will help cover legal expenses, and if need be, some or all of any judgments that are rendered against your business.
Commercial general liability insurance is indeed an optional coverage. However, most business owners today consider it to be mandatory coverage. Whether you have one visitor each day, or thousands, insurance coverage should be in place to account for the potential for accidents. Failure to be covered could result in serious financial losses, and could even result in the total loss of your business. It simply does not make sense to take chances when affordable coverage is available at this time.