Small business insurance
Small business insurance provides financial protection against common accidents, liability claims, and damages that could impact your small business.
The cost of small business insurance primarily depends on which policies you buy. The most common policy, general liability insurance, has an average cost of $42 per month.
State laws determine whether your business needs workers' compensation and other policies. Learn the requirements for tech businesses in your state and compare quotes online for free with TechInsurance.
An ACORD certificate of liability insurance is a document that provides a summary of your business insurance policy and proves you have liability insurance coverage.
A grace period is the additional time your insurance company gives you to pay your premium before your coverage expires.
Some types of insurance benefit every tech business. Other types cover liabilities specific to businesses with employees, offices, or other risk factors.
Buying or renting an office is a big step for a small company – so you’ll want to make sure to protect your investment with office insurance. While commercial property insurance pays for damage to your building and belongings, you’ll likely need other policies as well.
Insurance requirements for small businesses vary from state to state. Find out what business insurance is required by law in your state, and make sure that you, your business, and your employees are protected.
A subcontractor could be sued for a number of reasons. Even if they’re not at fault, they could still face an expensive legal battle. Having the right kind of insurance can protect against this kind of risk. You may also need insurance to secure certain contracts, especially when dealing with government entities.
Lawsuits, even frivolous lawsuits, can cost your business valuable time and money. Business insurance can provide peace of mind and financial protection against legal costs.
Learn how business insurance policies differ in terms of coverage, what industry factors you need to consider when shopping for insurance, and how you can compare and get the right policies and best prices for your small business.
General liability insurance is included in a business owner's policy (BOP), a cost-saving bundle designed for low-risk businesses. General liability covers bodily injuries, damage to a customer's property, and advertising injuries. A BOP provides the same coverage, along with commercial property insurance.
Liability insurance can protect you from risks and help your business meet contract requirements. Here’s how to decide which coverage limits you need for your liability policies.
