How Business Insurance Shields Small Companies From Financial Freefall Small business insurance can mean the difference between keeping your business afloat and having it sink to the bottom. Small business insurance can mean the difference between keeping your business afloat and having it sink to the bottom. Decoding the Insurance Safety NetThough business insurance may seem like a solution that can fix every problem a business owner may ever have, it is not a one-size-fits-all approach. Like home, auto, and health insurance, business insurance branches out in multiple directions to protect you and your business from severe threats, including those that can occur as a result of being underinsured. Having adequate small business insurance can help you not just in the present but in the future as well.