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.
Essential coverage for your Illinois business
When you also have at least one employee
* Plus Workers Compensation
All standard plan benefits and:
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.
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.
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.
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.
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.
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.
Illinois requires employers carry Workers Compensation and Disability Insurance. Depending on the nature of your business, you should also consider EPLI and Health Insurance.
The amount of General Liability Insurance you purchased depends on your business and financial stability. Most businesses carry at least 1,000k per occurrence.
Every business is different and insurance carriers look at the services your offer, interactions you have, policies, experience, and claims history to calculate premiums.
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.
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.
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.
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.
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.
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.
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:
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