Most businesses rely on insurance to cover the cost of potential losses. From insuring cars and other business equipment to covering losses caused by theft, accidental damage, fraud, fire, and all manner of business risks, insurance companies have been quick to extract money from business owners who have thought that by after paying their premiums their businesses would be safe. Sadly in many cases their optimism was shown to be premature as many insurers refused to pay out for the effects of the Covid epidemic.
Insurance has changed. Some markets have declined (such as, could you believe car insurance: less cars are now being sold than since 1990!) nut new ones, such as insurance for fast food delivery have risen dramatically owing to the covid epidemic.However: what is the right level of insurance cover for carting?