Business insurance
Coverage that lets you focus on the work
From a one-person shop to a growing team, learn which policies small businesses usually need and compare options in one place.
What it covers
The parts of a policy, in plain English
General liability
Covers customer injuries and damage to other people’s property from your business.
Commercial property
Protects your building, equipment and inventory.
Workers’ compensation
Pays medical costs and lost wages for employees hurt on the job. Required in most states once you have staff.
Business owner’s policy
Bundles liability and property coverage, often at a lower combined price.
What affects your price
Why two quotes can look so different
Every insurance company weighs things a little differently, which is why comparing matters. These are the factors that usually move the price most.
- Your industry and the risks of the work
- Revenue, payroll and number of employees
- Location and the value of property and equipment
- Claims history and the limits you choose
Questions
Common business insurance questions
What insurance does a small business need?
Most start with general liability, add property coverage if they own equipment or space, and add workers’ compensation once they hire. Some industries also need professional liability.
What is a business owner’s policy?
A package that combines general liability and commercial property coverage. It is often less expensive than buying the two separately.
Does my home policy cover a home business?
Usually only in a limited way, if at all. Business equipment and customer visits often need their own coverage.
My Perfect Insurance Quote is a free insurance education and comparison resource. We are not an insurance company, and we do not sell or underwrite policies. Coverage, prices and eligibility are set by each insurance company and can change. [CONFIRM licensing: add agency or producer licence details here if a licensed partner places policies.]
Ready to compare business insurance?
Tell us what you want to cover and compare your options side by side. It takes about two minutes, and you never have to give a phone number.
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