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10 most common and costliest small business claims

from Insurance Journal

Four out of 10 small businesses are likely to experience a property or general liability claim in the next 10 years, according to an analysis of The Hartford's small business claims. Topping the list for the most common claim is burglary and theft, however, the most costly claim for a small business is reputational harm, which includes libel, slander and violation of privacy. "An unexpected event happens more often than many small business owners realize," said Stephanie Bush, senior vice president of Small Commercial insurance at The Hartford. more


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