Starting a business on your own can be exciting, but it also comes with risks. Insurance isn’t just an extra cost—it’s a safety net that shields your personal savings and your business. As a sole proprietor, you face challenges that are different from big companies. Tailored insurance options can help you avoid financial disasters. Yet many small business owners don’t realize how important insurance is. Studies show that nearly 60% of small businesses have no insurance coverage for risks they face daily. Without protection, one accident or lawsuit can wipe out your hard work.