Risk assessment FAQ
What is a business risk assessment?
It is a structured look at the things that could cause a financial loss for your business - lawsuits, injuries, property damage, or lost income - and how likely and severe each one is. This tool gives an educational overview tailored to your trade and state.
Why do risks differ by trade and state?
A roofer faces very different injury and property risks than a consultant, and states differ on workers' comp rules, liability limits, and litigation climate. The assessment factors both in.
Is this a substitute for professional advice?
No. It is educational and meant to help you understand your exposure and ask better questions. A licensed broker or agent should review your specific situation before you buy coverage.
How is the risk score calculated?
The score is an AI-generated estimate based on your trade's typical hazards, your state, and how established your business is. It is a directional guide, not an underwriting rating.