Small Business Insurance Customized for You
You worked hard to build your business. To help keep it running smoothly, Simply Business offers an easy way to get small business insurance to protect it.
Here’s how it works: Compare free quotes from top insurers and pick the exact coverage you want. With just a few clicks, you can get insured in under 10 minutes, so you can get back to running your business.
Plus, monthly payment options make it easier to find coverage that fits your budget.
Top Business Insurance Companies In Your Area.
What Is Business Insurance?
Business insurance - also called "commercial insurance" - refers to the range of coverage that a business owner can buy to protect against losses and liabilities.
From general liability coverage and workers compensation to professional liability policies, this coverage is designed with one goal in mind: to protect you while you focus on running and growing your business.
Without this crucial protection, you could be leaving your business vulnerable to unexpected costs associated with accidents, property damage, mistakes, and injuries.
And if the worst happens, those costs could be catastrophic to your dream of running your own business. Consider this: The most expensive claim is reputational damage, which could cost your business an average of $50,000 if you don’t have insurance coverage.
That means if a customer were to accuse one of your employees of spreading misinformation about them or sues you for slander, your business could be put in a serious financial hole. Even the most common claim — burglary and theft — averages about $8,000.
For most small businesses, that $8,000 could be significant enough to put them out of business...
Unless they have insurance coverage.
Why Do I Need Commercial Insurance?
As soon as you decide to start a business, you may need commercial insurance. Without this coverage, you’re leaving yourself — and possibly your family and personal property — financially vulnerable to any damages, accidents, or injuries that happen throughout the course of doing business.
Need more convincing? Here are a few more reasons why you need business coverage:
It can help you get more customers, contracts, and projects, as many people won’t work with you if you’re not insured.
It can prevent you from paying out of pocket for claims and lawsuits that potentially could put you out of business.
It can protect your full-time and part-time employees while they work for you, as they may be covered in the event of an injury or accident.
It may cover your tools and equipment if they’re lost or stolen.
It can help you stay on the right side of the law, as most cities and states require proof of business coverage in order to run a business.
It can meet legal requirements if you want to rent or lease a space for your business.
It covers any accidents or damages that happen in your home office (that’s right — your homeowners’ insurance doesn’t cover business-related incidents).
Don’t put your business or your personal assets at risk; commercial insurance can protect you, your family, and your employees.
