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View Full Version : Do I need Business Insurance for my own LLC?



jason.miller.1968
10-29-2012, 04:01 PM
I set up an LLC A and work from home, investors has their own LLC B. A new trading LLC C consists of members A and B and has captials to do equity trading.

My question is: do I need to buy business insurance for LLC A?

Thank you very much.

Freelancier
10-29-2012, 04:53 PM
What's it worth to you if you screw up and somehow don't maintain the LLC the way the law says you need to and suddenly the liability protections are gone? If you screw up, who will sue whom and how much is it worth to them for you to have some insurance?

Those are the two basic questions to ask yourself.

Pack-Secure
10-29-2012, 05:51 PM
:) Yes :)