Most small business owners think they're covered. They're not.

After reviewing hundreds of commercial policies, the same three gaps show up over and over — and they're the ones that lead to six-figure lawsuits.

1. Cyber Liability

If you store any customer data — names, emails, payment info — you're a target. A single breach averages $164K for small businesses. Standard general liability doesn't cover it. You need a standalone cyber policy.

2. Employment Practices Liability (EPLI)

Wrongful termination. Discrimination claims. Harassment lawsuits. These come out of nowhere, and they're expensive to defend even when you win. If you have 10+ employees, this isn't optional.

3. Business Interruption

Fire, flood, or a key supplier goes under — your revenue stops but your expenses don't. Business interruption insurance covers your lost income during recovery. Most property policies include a version of it, but the limits are usually way too low.

The fix: Don't just buy insurance — audit your coverage every 12 months. Your business changes. Your risks change. Your policy should too.

If you're running a business with 10-200 employees and want a full coverage review, that's exactly what we do at ShieldPoint.