Business interruption (or continuation) policies are a type of insurance that is especially applicable to companies that require a physical location to do business, such as retail stores or manufacturing facilities. Business interruption insurance compensates a business for its lost income during events that cause a disruption to the normal course of business.

What Is Small Business Insurance?

Whether you’re in the retail, construction, or financial services industry, most small business owners need small business insurance. Having it can help protect the livelihood you’ve worked so hard to build. The right small business coverage can help cover expensive damage and lawsuits from:
  • Accidents
  • Natural disasters
  • Professional errors
  • Workers’ comp claims

Types of Small Business Insurance

Small business insurance helps protect your company’s personal property and income. It also helps safeguard you against liability claims.

Additional Small Business Protection

To get the best small business insurance protection, you’ll likely need different insurance products and coverages. With our Business Owner’s Policy (BOP), you’ll get three essential types of coverage combined into one:

Growing Your Small Business Coverage

Over time, you may need more coverage to protect your small business. We’re here to help and can get you small business insurance quotes based on the risks you face. Here are some of the different types of coverage we offer:
Workers’ Compensation Insurance

Commercial Auto Insurance

Professional Liability Insurance

Data Breach Insurance

Costs of Small Business Insurance

The cost of insurance for small businesses varies. That’s because every small business is different and faces unique risks. How much does small business insurance cost? That depends on what you need. However, our specialists are here to help you figure out what you should have to protect your business and get you a quote tailored to your needs.

Best Small Business Insurance Companies

Accidents happen all the time, and business owners need to be protected in case there’s an accident in the workplace—especially since the average customer injury insurance claim is for $35,000.1 It’s important for business owners not to leave themselves vulnerable, and to make sure they have the insurance they need to cover all of the risks present in their business. After all, not having the right types of insurance can be the same as not having it at all, leaving businesses with no protection against many types of losses.

We compared more than a dozen of the country’s best insurance companies—as well as several brokers—based on the types of coverage they offer, the industries they serve, their ratings for financial stability, and customer satisfaction to identify those that best meet the needs of small businesses.

Read on to see who has the best small business insurance that meets your needs.

The 7 Best Small Business Insurance Companies of 2022