Small business Health Insurance helps you offer your employees more inexpensive access to medical insurance. Everyone can benefit from lower rates or better coverage.
Employment Practice Liability Insurance, or EPLI, protects you from employment-related claims. If you're accused wrongful termination, discrimination in hiring or firing or workplace harassment, EPLI covers your defense and settlement costs.
Business Owners Policy (BOP) protects you from business liability and property damage at a lower cost. BOP covers claims resulting from fire, theft & disasters. BOP also covers claims of bodily injury or property damage during your business operations.
Workers Compensation covers your employees' medical costs and lost wages while recovering from a work-related injury or illness. The employee gives up the right to sue your company in return for receiving cash and benefits from Workers Compensation. In some states it’s mandatory for businesses!
Cyber Liability Insurance protects you from the theft of sensitive data. If you suffer a data breach or software attack, Cyber Liability Insurance will cover the costs of notifying and restoring affected customers, recovering data and repairing security systems.
Commercial Auto Insurance covers your cars, trucks, and vans used in your business. It covers the costs from vehicle damage in collisions, theft, vandalism and weather damage. It also covers medical expenses for to injured parties.
What insurance do I need to carry as a PA small business?
Businesses in the Keystone state aren’t required to carry business insurance unless you have employees. However, every business should consider General Liability and Commercial Property Insurance.
How much will my business insurance cost per month?
Every insurance company calculates premiums differently. Some offer monthly installment plans and others require payment in full. Ask insurance companies while you are shopping for their requirements.
My employees use their cars for business, what do I need to require?
Every employee needs to abide by state minimum Auto Insurance requirements and should be able to show proof of coverage. You should also buy Hired & Non-Owned Auto to protect your business.
What happens if I don’t buy insurance?
Not buying insurance to protect your business puts you at risk of large payouts if a claim or lawsuit occurs. Most businesses choose to avoid financial hardship by investing in a comprehensive insurance plan.
What is the difference between General Liability and a Business Owner's Policy (BOP)?
General Liability only includes coverage for third-party claims alleging injury or property damage. A BOP combines General Liability with Commercial Property coverage on one policy to fully protect small businesses.
Guide to commercial insurance by state
Insurance laws and requirements may vary state by state. Click on your state to discover the insurance you will need for your small business: