Top pick: CoverWallet
- Personal advisors
- Wide commercial coverage
- Industry-specific quotes
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Businesses face many risks from physical damage to lost revenue to personal injury court cases. To stay afloat after losses, businesses can purchase many types of business insurance that cover liability and direct damage as well as protection for employees. Consider which types of insurance work best for your company.
Your business can buy a range of insurance to protect against both general and specific types of damage. Coverage to consider:
Many different businesses purchase these types of coverage for everyday operations:
Compare multiple quotes for business insurance to find the cheapest rates from this online commercial insurance broker.
You may also need insurance to protect your business from risks as an employer while covering your employees. Types of employer insurance:
Because different industries involve special risks, insurance companies have developed policies to protect those businesses. These include:
Although businesses have many options for insurance, only a few types are required, depending on the state. Types of insurance that are commonly required:
The right insurance for your business will depend on several factors, including your business’s industry, size and structure. To narrow it down, ask yourself a few questions about your business:
|Key questions||Answer||Coverage you may need|
|Do you make or sell goods to customers?||Yes||Product liability insurance|
|Do your customers come to your business in person?||Yes||Public liability or general liability insurance|
|Do you give professional or medical advice?||Yes||Professional liability insurance|
|Do you have employees working for you?||Yes||Workers compensation, employment practices, employee fraud or benefits liability|
|Do you own business property or equipment?||Yes||Commercial property, equipment breakdown or inland marine insurance|
|Do you perform business online?||Yes||Cyber liability insurance|
Looking for a professional carpet cleaning service to remove stains and revive your carpet? Read our guide and learn how to find a reliable service.
Finder takes a deep dive in search of recession-proof businesses and industries, looking into both businesses that are succeeding in spite of the current pandemic and industries that performed well during the Great Recession
These coverage options serve different functions but have one benefit in common.
This program widens its reach to help more business owners as we wait for the next stimulus bill.
Get your loan payments covered when you experience a disability and can’t work, but with limited coverage.
Insure your classic car or race car at agreed value with Heacock Classic, but you’ll have to look elsewhere if you have recent claims or major violations.
Since driving uninsured comes with steep penalties, look at your coverage options or consider alternatives.
Find and qualify for the right type of policy when living in a skoolie.
Explore ways to start or expand your business with additional funding.
Learn what your policy covers and how eviction affects your insurance.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.