Small Business Insurance in Illinois

Get business insurance with optimized coverage to meet your exact needs

Prefer to speak with a CoverWallet consultant? Call (646) 844--9933 anytime.

Better, Regardless of Your Size

  • Don’t overspend on insurance you won’t need

    Our online insurance advice tools shows which policies are most important. The best part is it takes less than 10 seconds so you know which policy to buy now and which can wait.

  • Request changes and evidence of insurance on-the-go

    Our mobile-friendly platform lets business owners request changes, send proof of insurance, and file a claim from your office, car, or offsite location.

  • Keep employees with Illinois state required insurance

    Illinois requires any business with at least one employee carry Workers Compensation and Disability Insurance. Both take little time to quote and help you keep valuable employees.

  • Gain instant access to a team of trusted advisors

    The CoverWallet team knows your time is valuable so we won’t waste it. Get answers to questions from experts that understand the ins and outs of being an Illinois business owner.

Coverage Plans for All Your Needs

Starting a business in Illinois opens the door to risks. You need insurance designed for your industry and business size. We customize plans for more than 20 industries. Pick coverage below to start a quote today.

BASIC

Essential coverage for your Illinois business

General Liability

From
29
Month
Instant quote »

Includes:

  • Bodily Injury
  • Damage to third party property
  • Personal Injury
Get BASIC plan

STANDARD

When you also have equipment or operate from an office

General Liability + Property (bundle them with a BOP)

From
39
Month
Instant quote »

All basic plan benefits and:

  • Lost business income
  • Loss or accidental damage to:
    • Business equipment
    • Valuable papers and records
Get STANDARD plan

PRO

When you also have at least one employee

General Liability + Property and Workers Compensation (WC)

From
39 *
Month

* Plus Workers Compensation

Instant quote »

All standard plan benefits and:

  • Coverage for work-related accidents and diseases and subsequent:
    • Ongoing medical care (such as rehab)
    • Missed wages during recovery
    • Legal fees
Get PRO plan

CUSTOM

When you have specific requirements

Including Commercial Auto, Surety Bonds, Umbrella, etc

From
___
Month
Instant quote »
  • Choose your coverage

ALREADY INSURED?

We will take care of the switching hassle.

Call us at (646) 844--9933 for help and more information

We've Got You Covered with Coverage You Need

Whether you’re looking to satisfy Illinois requirements with Workers Comp and Disability Insurance or know insurance is the only way to protect your finances, we’ve got you covered.

General Liability

As the starting point for most businesses, General Liability Insurance pays claims where your business is found negligent. Claim types include personal injury, property damage, and personal advertising injury.

Commercial Property

Property, equipment, and assets are a necessity for many businesses to offer services. A fire, theft, or storm can damage it all in the blink of any eye. Property Insurance pays to replace or repair it.

Workers Comp

Required by Illinois law if you have at least one employee, this is the best way to avoid a lawsuit from injured employees. It pays medical expenses and lost wages when an employee injures themselves on the job.

Hired & Non owned Auto

Illinois requires drivers carry $25k/50k/$20k to operate a vehicle. If your employees use personal vehicles for work, you also need hired & non owned auto to protect your business.

Disability

Also a requirement for Illinois business, Disability Insurance pays employees a portion of lost wages for up to six months when they cannot work due to a non-work injury or illness.

EPLI

If you have employees, an Employment Practices Liability Insurance policy will protect you from employee-related claims alleging discrimination, harassment, or wrongful termination.

Act Now, Get Protected Easily, Quickly and Affordably

See how much you could be saving, with best in class insurance partners.

Get a free quote, all you need to enter is your zip code to get started.

Or call (646) 844--9933 anytime.

Get protected easily with CoverWallet

Frequently Asked Questions

What insurance policies should I carry as an employer in Illinois?

Illinois requires employers carry Workers Compensation and Disability Insurance. Depending on the nature of your business, you should also consider EPLI and Health Insurance.

How much General Liability Insurance do I need in Illinois?

The amount of General Liability Insurance you purchased depends on your business and financial stability. Most businesses carry at least 1,000k per occurrence.

How much will insurance cost for my Illinois business?

Every business is different and insurance carriers look at the services your offer, interactions you have, policies, experience, and claims history to calculate premiums.

What are the requirements of starting an Illinois business?

Illinois requires you to register business and obtain a license. They also provide a list of steps to take to make sure you don’t miss any important steps.

What is the difference between Business Auto and Hired & Non-Owned auto?

Business Auto Insurance is for organizations that own vehicles solely for business use where Hired & Non-Owned auto is for businesses that let employees use their personal vehicles for business purposes.

Peace of Mind, At Your Fingertips

CoverWallet utilizes state of the art technology to help small businesses understand and buy customized coverage, get significant savings and conveniently manage their insurance, in a matter of minutes, all through our online platform.

why coverwallet

Businesses Love CoverWallet

Our mission is to help small businesses to be better protected, informed and served. See what our customers are saying.

Testimonial John White

Personalized Service

5 stars service

John White, Restaurant Owner

I didn’t know what type of insurance I needed for my new business so I called CoverWallet and the agent provided me with everything in under an hour!

Testimonial Laura Campbell

Quick and Easy!

5 stars service

Laura Campbell, Distributor

There is nothing more that CoverWallet could have done to make the process any faster or easier. They made it as painless as possible.

Testimonial Anthony Williams

Honest and Transparent

5 stars service

Anthony Williams, Contractor

I was extremely satisfied with all services and communications with customer support. I would definitely recommend to others. Thank you CoverWallet!

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Already insured?

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The Power Behind CoverWallet

Algorithms, Science, Magic
Customized, Intelligent Application
State of the Art Technology

Algorithms, Science, Magic!

You wanted better protection and cheaper pricing. So did we. We baked that dream into everything we've set out to accomplish in building our award winning platform.

Customized, Intelligent Application

We have one! How much could we have really improved the insurance purchase process? Try us! We ask only the questions you need to answer, nothing more.

State of the Art Technology

We've built all our fancy tech from scratch, which allows us to get you certificates on demand, free of charge, and for us to find you savings.

Are you ready to get down to business?

Enter your zipcode to get started or call (646) 844--9933 anytime.

References for Small Businesses in Illinois

Being a small business presents several challenges that may need more assistance. While CoverWallet provides you the best insurance, you can also consider these references to further support your small business:

Illinois District Office

500 W. Madison Street, Suite 1150, Chicago, IL, 60661
Mon through Fri from 8:00 AM to 4:30 PM
(312) 353-4528
Visit the website

Illinois Department of Commerce

100 W. Randolph Street, Suite 3-400, Chicago, IL, 60601
Mon through Fri from 8:30 AM to 5:30 PM
(800) 785-6055
Visit the website