Small Business Insurance Considerations

General Business Information

What is the nature of your business (service, retail, manufacturing)?
Do you operate from a physical location or remotely?
Do you have employees?

Core Coverages

General Liability Insurance

Protects against third-party bodily injury, property damage, and personal injury claims.

Commercial Property Insurance

Covers your building, equipment, inventory, and furniture against fire, theft, and disasters.

Business Interruption Insurance

Provides income replacement if your business is forced to close temporarily.

Employee-Related Coverage

Workers’ Compensation Insurance

Required in most states; covers employee injuries and lost wages.

Employment Practices Liability Insurance (EPLI)

Protects against claims of discrimination, harassment, or wrongful termination.

Professional & Industry-Specific Coverage

Professional Liability (Errors & Omissions)

Needed if you provide professional services or advice.

Product Liability Insurance

Essential if you manufacture or sell products.

Vehicle & Transportation

Commercial Auto Insurance

Covers vehicles used for business purposes.

Inland Marine Insurance

Protects goods in transit or mobile equipment.

Technology & Data

Cyber Liability Insurance

Covers data breaches, cyberattacks, and recovery costs.

Leadership & Financial Protection

Directors & Officers (D&O) Insurance

Protects company leaders from personal liability for business decisions.

Umbrella Insurance

Adds extra liability coverage beyond standard policy limits.

Key Person Insurance

Covers financial loss if a critical employee or owner dies or becomes disabled.

Additional Considerations

Do you need coverage for international operations?

Are there industry-specific regulations requiring certain insurance?

Have you reviewed policy limits and deductibles recently?