Obviously, being an internet startup, we are on a tight budget, and don't wish to undertake unnecessary expenses.
But we're hearing that we need general liability insurance. Any thoughts?
We're a web 2.0 company. Should we have business insurance? Does your company?
You can probably get some for under $500/year, it isn't required by law, but it is the prudent thing to do. Starting a web 2.0 company has enough possible pitfalls, that it is worthwhile to negate the ones that aren't too expensive. If you want, you can follow my affiliate link to get a quote! http://www.tkqlhce.com/click-2177451-104... Thats my web 2.0 business!
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