Small Business Insurance Quotes: Workers' Comp & General Liability

Get Business Insurance Quotes

When your business (insurance)  is our business

Whether you’re a sole trader, going about your day to day activity without the responsibility of employees or are a Forbes listed global company with 1,000 employees, having adequate business insurance is equally important for both.   If you are in the process of starting up a new company, the jargon often associated with business insurance can be complicated, and the options seem endless. Let us tell you from experience, having the right insurance policy will mean peace of mind and protection, in the knowledge that you, your property and equipment, and anyone working with you are fully covered and cared for in the case of need. 

What are the benefits of business insurance?

First of all it is important to know exactly what kind of business insurance you need.  With all the complicated terminology that surrounds insurance policies, you need to be in the hands of experts who have the right resources when making the decision.  Do you know the difference between Professional liability insurance or product liability insurance? How do you know which one you need? If you are a professional, like an accountant for example, you are responsible for the information you give in your clients’ tax return.

If you make a mistake, your client can sue you for this. You will want to have professional liability insurance which will cover any eventual claims made against you. However, if you own a restaurant, you will not need this type of insurance, but you will benefit more from product liability insurance where you have coverage  in the case of a client becoming sick after eating at your restaurant.   

If you own (or rent) the property you will most certainly want to have general liability insurance which will cover against third-party property damage costs or injuries.

Having the right insurance cover means you are protected from financial damage and you should never underestimate the benefits of having it. Knowing the risks and losses associated with your specific type of agency  helps you and your advisor pinpoint the business insurance policy that will have your business’ best interests at heart.  

While it can be tempting to cost-cut while choosing a business insurance policy, budget-conscious business owners should be aware of the financial risks and loss they can run into if they don’t have adequate coverage. Bottom line, having the right business liability insurance will give you protectionfrom financial ruins if your business is ever sued. 

What plans are available through InsuranceQuotes.com?

Taking time to research and report what your obligations and risks are with InsuranceQuotes.com will give you assurance and peace of mind that you are in the hands of experts and that the right cover for your business will be provided.  If you are looking for small business insurance or have a larger company with many employees, you will need some of the following plans:

  • General Liability– or business liability insurance – protects you against property damage, personal injury and medical costs associated with injury.  
  • Commercial auto insurance– if you have vehicles which are used for your business then you will need this type of policy.   This will cover accidents, third-party liability for property damage and any personal (body) injuries. 
  • Worker’s compensation insurance– covers the costs of medical expenses and wage benefits to anyone who becomes injured or ill at work.  Each state has individual mandatory obligations and the benefits therefore, vary according to the state.
  • Business Income interruption– what if something were to happen to cause your business to temporarily cease trading, no income with expenses still to be paid?  With a business income interruption policy you will be paid and you can therefore keep the business ticking over. 

InsuranceQuotes.com easy steps to getting your Business Insurance Quotes

At InsuranceQuotes.com we are leaders in the field of insurance including business insurance. If you need a small business insurance quote or need to reassess the costs of your business insurance cover, our user-friendly website service will guide you to your quote in 3 easy steps.

Step 1:  From the drop menu on our website you need to choose from the “business” option.  Insert your ZIP code and click “request quotes”. From there you will have access to the next page

Step 2:  You will have to insert some basic information to help narrow down the possibilities in the search for the best business insurance policy for you.  Some details as follow are requested at this stage:

  •     Name of your business
  •     Number of employees
  •     Number of years in business      
  •     Experience within industry (no. of years)
  •     Annual revenue
  •     Description of business – what type of work is carried out. 

Further information is required, like industry division and industry group where you will choose from a selection of options given in a dropdown menu. 

Step 3:  once you are satisfied that all the information you have given is correct you simply click on “submit request” and you will have a business insurance quote in no time.  It really is that simple.  

Business Insurance Frequently Asked Questions (FAQs)

Am I legally obliged to buy business insurance?

Legally the only type of business insurance required is employer’s liability, however, many business regulators require businesses to have specific policies in place before they can practice.  This is the case of solicitors or accountants where professional liability insuranceis required. 

What is Worker’s Compensation Insurance?

Worker’s compensation insurance will pay for recovery, medical costs and rehabilitation for employees who have suffered work-related injuries.  It will also cover lost time if they are unable to work due to these injuries.  

Does liability insurance protect small business too?

The short answer to this question is “yes”, because there are so many types of third-party liabilities which need to be covered – even for small businesses.  It will protect you from the risk of claims where there has been bodily or personal injury. Property of others which is damaged will be covered as well as fire, legal liability and the associated legal fees. 

What is property insurance?

This refers to insurance which has protection for your property and machinery, stock and fixtures and fittings. Sometimes a property insurance policy will also cover breakdown and business income coverage.  Also, Losses in the event of a fire will be covered.  

Don’t hesitate – or leave doubts lingering in your mind.  Give InsuranceQuotes.com a call today or get onto our user-friendly website for an easy to follow, step by step guide to getting a quote for business insurance quotes– the fast and simple way.  Our highly trained staff will be happy to alleviate any worries and help you find the plan that best suits your business.   

Business Insurance Basics

Master our business insurance basics and you'll be properly equipped to protect your livelihood against liability, property damage, cyber threats, business interruption and vandalism.

Insurance By State

Ready to Save on Business Insurance

Get customized insurance quotes for your lifestyle.