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Business Insurance

Every business faces risk, but you can minimize the potential consequences by purchasing the right insurance policies. From general liability insurance to workers' compensation, our insurance guides explain coverage types, exclusions, rates and everything you need to know to protect your business.

Article
How Much Does Insurance Cost for a Small Business?
By Kimberlee Leonard | January 28, 2025

Small business insurance costs depend on many factors; every policy serves a different risk-protection purpose. Learn about small business insurance costs.

Article
The Insurance Claims Process and How to File
By Nicole Urbanowicz | January 28, 2025

If your business suffers a loss that’s covered by insurance, you’ll need to file an insurance claim. Here's how a claim works and how to file one.

Article
What Is Commercial Umbrella Insurance?
By Jennifer Dublino | January 23, 2025

A commercial umbrella insurance policy can give your business more coverage for less money. Learn if you need umbrella insurance and how to shop for it.

Article
What Is Cyber Insurance?
By Sean Peek | January 13, 2025

Cyber insurance can help companies notify customers about data breaches involving their personal information and can protect from cyberattack damages.

Article
Workers’ Comp Insurance: How Much Do You Need?
By Max Freedman | January 07, 2025

Too much coverage wastes money, but too little can expose your company to claims and court awards. Here is how to calculate exactly what you need.

Article
What to Know When Choosing Business Insurance
By Sean Peek | December 04, 2024

Choosing insurance for your company or employees is important, and should not be done casually. Here’s what to consider when getting insurance.

Article
Business Insurance Guide
By David Gargaro | August 23, 2024

This guide to business insurance can help you understand the policies available to your small business and determine which policies are right for you.

Article
Business Owners’ Guide to Workers’ Compensation
By David Gargaro | July 30, 2024

If your business has employees, nearly every state requires you to have workers' compensation insurance. Learn about what it covers and how much it costs.

Article
What Is a Hold Harmless Agreement?
By Kimberlee Leonard | July 29, 2024

A hold harmless agreement releases a party from the consequences of another's actions. Learn how and when to use a hold harmless agreement in business.

Article
Do You Need Product Liability Insurance?
By David Gargaro | July 29, 2024

Product liability insurance is needed for businesses that make, sell or distribute products. Learn about what it covers and how much it costs.

Article
What Is Professional Liability Insurance?
By David Gargaro | July 26, 2024

An insurance policy that service-related businesses need is professional liability insurance. Learn about what it covers and protects against.

Article
What Is a Business Owner’s Policy?
By Max Freedman | July 25, 2024

A business owner's policy is a packaged insurance policy that includes general liability coverage and property insurance coverage. Learn more here.

Article
What Is Errors and Omissions Insurance?
By David Gargaro | July 24, 2024

Errors and omissions insurance guards your business against lawsuits brought by dissatisfied customers.

Article
Before the Business Loan: Questions That Must Be Asked
By Donna Fuscaldo | July 09, 2024

Here's a look at seven questions lenders ask small business borrowers and the reason for each one.

Article
How Workers’ Compensation Rates Work
By Kimberlee Leonard | June 28, 2024

Workers' compensation rates are affected by several factors. Learn what workers' compensation covers, and how to calculate rates and meet requirements.

mentor consulting an intern
Article
What Is Excess Liability Insurance?
By Kimberlee Leonard | June 27, 2024

Excess liability insurance is extra coverage that kicks in once an underlying policy hits its limits. Learn how it works and what it covers.

Article
What Does Commercial Auto Insurance Cover?
By Nicole Urbanowicz | June 27, 2024

Commercial auto insurance is critical for businesses that operate vehicles and have employees driving for work purposes. Here is what you need to know.

Article
Builder’s Risk Insurance: Not Just for Builders
By Nicole Urbanowicz | June 27, 2024

If a property is at risk for loss or damage during construction, consider builder's risk insurance. Learn what builder's risk covers and who needs it.

Article
What Is Commercial Property Insurance?
By Mark Fairlie | June 21, 2024

Commercial property insurance covers the building and items that you own or lease against such perils as fire, explosions, theft, and vandalism.

Delivery driver wearing a mask
Article
Average Commercial Car Insurance Costs
By Kimberlee Leonard | April 24, 2024

The average cost of commercial car insurance depends on vehicle, location, driving record, industry, and more. Learn how to choose the right coverage.

Article
When Is Auto Insurance Tax Deductible?
By Kimberlee Leonard | April 19, 2024

Auto insurance can be tax deductible when you use your vehicle for business. Learn what you can write off and how to find the best tax strategy for you.

Article
Workers’ Comp and Taxes
By Kimberlee Leonard | February 14, 2024

Workers' compensation has tax implications that every employee and business owner should understand. See our guide.

Article
What Is a Loss Payee on an Insurance Claim?
By Nicole Urbanowicz | November 07, 2023

The loss payee has the first-in-line legal rights to an insurance claim payout. Here's what you need to know.