7 Best Small Business Insurance Companies

Cody Cromwell
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The Hartford: Overall Best Small Business Insurance Company

Coverage for Small Businesses

Just like a home insurance, small business insurance covers your business from both physical and intellectual property risks.

Having a separate insurance plan for your business will protect you and all the employees, customers and inventory from your business premises and any losses you could face.

During the period of your business<strong> </strong>the coverage will cover losses due to acts of war, grants or modifications of federal assistance or loans, changes in tax laws, business interruptions by strikes, lockouts, or other labor disputes, or riot or civil commotion, or other covered causes.

Just like other business insurance coverage, you must have a small business insurance to protect your business.

Here are the 7 best small business insurance companies:-

  • National General Insurance: National General is an insurance company which provides General Liability coverage for your business.
  • OneBeacon Insurance: OneBeacon is a company offers a variety of American business insurance for your small, medium and large business.

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  • Allied Universal Insurance: Allied Universal is a company which gives you the best options to protect your small, medium and large business from risks such as business income, sales, contracts, and property.
  • Bayshore: Bayshore offers a variety of business insurance for your small to medium sized businesses.
  • The Hartford: Total property and professional liability coverage for your small or medium business.

Costs

The cost of your small business insurance policies varies by company, but typically it is determined by an estimate of the company’s assets and likelihood of getting in an accident.

Different companies use different ways to estimate risk, but one of the most widely used ways is a multiple of your annual income. Since the cost of an enterprise insurance policy depends on the value of the company, different companies will use different ratios to determine the risk of your business. So, this means that you will have to find a small business insurance company that has a higher multiple to represent their estimate of risk in order to find you an affordable rate for your business insurance policy.

Hiscox: Best for Microbusinesses

Coverage for Small Businesses

Just like a home insurance, small business insurance covers your business from both physical and intellectual property risks.

Having a separate insurance plan for your business will protect you and all the employees, customers and inventory from your business premises and any losses you could face.

During the period of your business<strong> </strong>the coverage will cover losses due to acts of war, grants or modifications of federal assistance or loans, changes in tax laws, business interruptions by strikes, lockouts, or other labor disputes, or riot or civil commotion, or other covered causes.

Just like other business insurance coverage, you must have a small business insurance to protect your business.

Here are the 7 best small business insurance companies:-

  • National General Insurance: National General is an insurance company which provides General Liability coverage for your business.
  • OneBeacon Insurance: OneBeacon is a company offers a variety of American business insurance for your small, medium and large business.

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  • Allied Universal Insurance: Allied Universal is a company which gives you the best options to protect your small, medium and large business from risks such as business income, sales, contracts, and property.
  • Bayshore: Bayshore offers a variety of business insurance for your small to medium sized businesses.
  • The Hartford: Total property and professional liability coverage for your small or medium business.

Costs

The cost of your small business insurance policies varies by company, but typically it is determined by an estimate of the company’s assets and likelihood of getting in an accident.

Different companies use different ways to estimate risk, but one of the most widely used ways is a multiple of your annual income. Since the cost of an enterprise insurance policy depends on the value of the company, different companies will use different ratios to determine the risk of your business. So, this means that you will have to find a small business insurance company that has a higher multiple to represent their estimate of risk in order to find you an affordable rate for your business insurance policy.

Nationwide: Best for Risk Management Plans

Nationwide is the first and foremost insurance company in the United States. As the world’s largest mutual company, their coverage and claims capabilities are second to none.

Nationwide policies and services are guaranteed to cover costs both to and from your home with their Travel Assistance and Repair Service.

Nationwide also offers unique insurance policies such as the Flood Insurance Policy that is not currently available anywhere else.

If you’re in the business of art, dance, music or other creative endeavors, Nationwide can offer you unique insurance policies to protect your investment and creative process.

The competitive pricing and thorough customer service are the main selling points for this company. They’ve been in business for over a century, and customer expectations have only increased over the years.

As a result, their flexible policies and customer service allow you to make a wise business and investment decision and protect your overall financial landscape.

You can easily apply for a quote online to see if they’ll be a good fit for you, and you can fill in as much or as little information as you feel comfortable sharing. Plus, if you ultimately decide on this insurance company, they’ll maintain your account for you and keep all of your information secure.

Coverage for Small Businesses

Just like a home insurance, small business insurance covers your business from both physical and intellectual property risks.

Having a separate insurance plan for your business will protect you and all the employees, customers and inventory from your business premises and any losses you could face.

During the period of your business<strong> </strong>the coverage will cover losses due to acts of war, grants or modifications of federal assistance or loans, changes in tax laws, business interruptions by strikes, lockouts, or other labor disputes, or riot or civil commotion, or other covered causes.

Just like other business insurance coverage, you must have a small business insurance to protect your business.

Here are the 7 best small business insurance companies:-

  • National General Insurance: National General is an insurance company which provides General Liability coverage for your business.
  • OneBeacon Insurance: OneBeacon is a company offers a variety of American business insurance for your small, medium and large business.

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  • Allied Universal Insurance: Allied Universal is a company which gives you the best options to protect your small, medium and large business from risks such as business income, sales, contracts, and property.
  • Bayshore: Bayshore offers a variety of business insurance for your small to medium sized businesses.
  • The Hartford: Total property and professional liability coverage for your small or medium business.

Costs

The cost of your small business insurance policies varies by company, but typically it is determined by an estimate of the company’s assets and likelihood of getting in an accident.

Different companies use different ways to estimate risk, but one of the most widely used ways is a multiple of your annual income. Since the cost of an enterprise insurance policy depends on the value of the company, different companies will use different ratios to determine the risk of your business. So, this means that you will have to find a small business insurance company that has a higher multiple to represent their estimate of risk in order to find you an affordable rate for your business insurance policy.

CNA: Best for Professional Liability Insurance

CNA Insurance is an excellent provider of professional liability insurance, which protects a business owner and his or her business against claims for malpractice. CNA Insurance is the only major insurance company that has earned a rare A+ from both the Better Business Bureau and the American Chamber of Commerce as well as A+ approval from The National Association of Insurance Commissioners. CNA Insurance was also named a 2011 Insurance Agent of the Year by Agent of the Year Magazine.

It offers everything from short-term coverage for annuals or proms to renter coverage. You can also combine it with other types of insurance that you already have, and it can be combined with energy or residential coverage. If you have CNA Insurance, you will be covered for .

This policy provides the following coverage:

Customer reimbursement: This covers the cost of cash or free services you may have provided to your patients or clients.

Patient and family medical: This cover includes attending physicians, emergency room doctors, and medical specialists.

Upholder Code compliance: This covers inpatient and outpatient services.

Worker’s Compensation: This will compensate your employees for injuries they may suffer on the job.

Worker’s compensation Disability: This will take care of your employees if they lose their ability to earn a living and will provide aid through Social Security or Supplemental Security Income.

Coverage for Small Businesses

Just like a home insurance, small business insurance covers your business from both physical and intellectual property risks.

Having a separate insurance plan for your business will protect you and all the employees, customers and inventory from your business premises and any losses you could face.

During the period of your business<strong> </strong>the coverage will cover losses due to acts of war, grants or modifications of federal assistance or loans, changes in tax laws, business interruptions by strikes, lockouts, or other labor disputes, or riot or civil commotion, or other covered causes.

Just like other business insurance coverage, you must have a small business insurance to protect your business.

Here are the 7 best small business insurance companies:-

  • National General Insurance: National General is an insurance company which provides General Liability coverage for your business.
  • OneBeacon Insurance: OneBeacon is a company offers a variety of American business insurance for your small, medium and large business.

Advertisement

  • Allied Universal Insurance: Allied Universal is a company which gives you the best options to protect your small, medium and large business from risks such as business income, sales, contracts, and property.
  • Bayshore: Bayshore offers a variety of business insurance for your small to medium sized businesses.
  • The Hartford: Total property and professional liability coverage for your small or medium business.

Costs

The cost of your small business insurance policies varies by company, but typically it is determined by an estimate of the company’s assets and likelihood of getting in an accident.

Different companies use different ways to estimate risk, but one of the most widely used ways is a multiple of your annual income. Since the cost of an enterprise insurance policy depends on the value of the company, different companies will use different ratios to determine the risk of your business. So, this means that you will have to find a small business insurance company that has a higher multiple to represent their estimate of risk in order to find you an affordable rate for your business insurance policy.

Progressive Commercial: Best for Commercial Auto

Progressive is known for its claim-paying commercial auto insurance policy that exceeds industry standards for safety, fidelity, and security. It operates under the slogan, –The Better Way to Insurance.”

It offers auto commercial coverage for various types of vehicles ranging from pickup trucks to recreational vehicles to aircrafts. In addition to offering commercial auto insurance, Progressive offers homeowners and business liability insurance.

Progressive also offers various coverage options including limits, deductibles, and optional coverage. It also provides the option for multiple vehicles coverage.

If you are looking for a complete and comprehensive policy, with a lot of option, then go for Progressive.

Coverage for Small Businesses

Just like a home insurance, small business insurance covers your business from both physical and intellectual property risks.

Having a separate insurance plan for your business will protect you and all the employees, customers and inventory from your business premises and any losses you could face.

During the period of your business<strong> </strong>the coverage will cover losses due to acts of war, grants or modifications of federal assistance or loans, changes in tax laws, business interruptions by strikes, lockouts, or other labor disputes, or riot or civil commotion, or other covered causes.

Just like other business insurance coverage, you must have a small business insurance to protect your business.

Here are the 7 best small business insurance companies:-

  • National General Insurance: National General is an insurance company which provides General Liability coverage for your business.
  • OneBeacon Insurance: OneBeacon is a company offers a variety of American business insurance for your small, medium and large business.

Advertisement

  • Allied Universal Insurance: Allied Universal is a company which gives you the best options to protect your small, medium and large business from risks such as business income, sales, contracts, and property.
  • Bayshore: Bayshore offers a variety of business insurance for your small to medium sized businesses.
  • The Hartford: Total property and professional liability coverage for your small or medium business.

Costs

The cost of your small business insurance policies varies by company, but typically it is determined by an estimate of the company’s assets and likelihood of getting in an accident.

Different companies use different ways to estimate risk, but one of the most widely used ways is a multiple of your annual income. Since the cost of an enterprise insurance policy depends on the value of the company, different companies will use different ratios to determine the risk of your business. So, this means that you will have to find a small business insurance company that has a higher multiple to represent their estimate of risk in order to find you an affordable rate for your business insurance policy.

Liberty Mutual: Best for Commercial Property Insurance

Liberty Mutual is the oldest and largest small business insurance provider in the country. TheyÕve been around since 1850 and are considered one of the safest insurers to do business with. Liberty Mutual is offering up to 15% in discounts for select businesses.

DAVID STARR helps small businesses grow and create wealth. Click Here for more information on how to grow your small business.

Coverage for Small Businesses

Just like a home insurance, small business insurance covers your business from both physical and intellectual property risks.

Having a separate insurance plan for your business will protect you and all the employees, customers and inventory from your business premises and any losses you could face.

During the period of your business<strong> </strong>the coverage will cover losses due to acts of war, grants or modifications of federal assistance or loans, changes in tax laws, business interruptions by strikes, lockouts, or other labor disputes, or riot or civil commotion, or other covered causes.

Just like other business insurance coverage, you must have a small business insurance to protect your business.

Here are the 7 best small business insurance companies:-

  • National General Insurance: National General is an insurance company which provides General Liability coverage for your business.
  • OneBeacon Insurance: OneBeacon is a company offers a variety of American business insurance for your small, medium and large business.

Advertisement

  • Allied Universal Insurance: Allied Universal is a company which gives you the best options to protect your small, medium and large business from risks such as business income, sales, contracts, and property.
  • Bayshore: Bayshore offers a variety of business insurance for your small to medium sized businesses.
  • The Hartford: Total property and professional liability coverage for your small or medium business.

Costs

The cost of your small business insurance policies varies by company, but typically it is determined by an estimate of the company’s assets and likelihood of getting in an accident.

Different companies use different ways to estimate risk, but one of the most widely used ways is a multiple of your annual income. Since the cost of an enterprise insurance policy depends on the value of the company, different companies will use different ratios to determine the risk of your business. So, this means that you will have to find a small business insurance company that has a higher multiple to represent their estimate of risk in order to find you an affordable rate for your business insurance policy.

Embroker: Best for Startups

Though there are many options out there, it can be difficult to know which business insurance packages are the best for startups. Over the last few years, Business Insurance Pro has conducted comprehensive reviews of all of the major small business insurance providers.

To help you find the best option for your small business, we decided to gather all 109 small business insurance providers out there and put together a list of the 7 best small business insurance companies for startups.

If you want to learn more about Embroker Brand Insurance, you can read our full review here.

Coverage for Small Businesses

Just like a home insurance, small business insurance covers your business from both physical and intellectual property risks.

Having a separate insurance plan for your business will protect you and all the employees, customers and inventory from your business premises and any losses you could face.

During the period of your business<strong> </strong>the coverage will cover losses due to acts of war, grants or modifications of federal assistance or loans, changes in tax laws, business interruptions by strikes, lockouts, or other labor disputes, or riot or civil commotion, or other covered causes.

Just like other business insurance coverage, you must have a small business insurance to protect your business.

Here are the 7 best small business insurance companies:-

  • National General Insurance: National General is an insurance company which provides General Liability coverage for your business.
  • OneBeacon Insurance: OneBeacon is a company offers a variety of American business insurance for your small, medium and large business.

Advertisement

  • Allied Universal Insurance: Allied Universal is a company which gives you the best options to protect your small, medium and large business from risks such as business income, sales, contracts, and property.
  • Bayshore: Bayshore offers a variety of business insurance for your small to medium sized businesses.
  • The Hartford: Total property and professional liability coverage for your small or medium business.

Costs

The cost of your small business insurance policies varies by company, but typically it is determined by an estimate of the company’s assets and likelihood of getting in an accident.

Different companies use different ways to estimate risk, but one of the most widely used ways is a multiple of your annual income. Since the cost of an enterprise insurance policy depends on the value of the company, different companies will use different ratios to determine the risk of your business. So, this means that you will have to find a small business insurance company that has a higher multiple to represent their estimate of risk in order to find you an affordable rate for your business insurance policy.

How We Evaluated the Best Insurance for Small Businesses

In this article, we’ll cover what exactly defines a small business, and best insurance for small business. We’ll also take a look at how we’ve come to our list of top insurance companies for small businesses. Lastly we’ll share some of the common insurance needs of the small business community.

Bottom Line

Investing in yourself and your business is a very smart move. There is no better investment than something that pays back in dividends. However, no one wants to deal with a huge insurance policy that is more difficult than it needs to be to approve and make payments to the business. Professionally guided business and commercial insurance plans are the real winners in the market. You are given the option of combining policies and riders to ensure that you are completely covered and protected against the unexpected. Small business insurance coverage plans can differ from a 5 person to a 5 million dollar range.

While all of the companies mentioned below are considered top tier in the industry, the only way to fully understand which will be the right insurance company for you is to make sure that you compare all the options available.

Here Is a List of 7 Best Small Business Insurance Companies

When you are thinking about the best small business insurance company, you must be thinking about a comprehensive plan to protect your business from some of the most common risks. A trucking insurance company that readily falls into this category. You are required to carry liability insurance to cover expenses associated with harm or injuries caused while operating your business. You must also carry insurance to provide you protection from any harm that can come to the truck while it is being driven for hire.