Commercial Property Insurance will provide coverage for your properties in case damage renders them impossible to rent or lease.
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!
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.
General Liability Insurance protects your small business against claims of third-party bodily injury and property damage, reputational harm and advertising injury. It covers medical bills, repair costs & legal fees.
Umbrella Policy adds an extra layer of protection to professionals if a serious event or cumulative claims exhaust your current policy limits. It also covers you for events that would otherwise be excluded from your other policies.
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.
What types of insurance should I buy for my West Virginia business?
Every business is different, but we suggest you start with Workers' Compensation coverage if you have employees, Commercial Auto Insurance if your West Virginia business uses vehicles, and General Liability Insurance to guard against common causes of lawsuits.
Can my business be exempted from Workers Compensation in West Virginia?
Most West Virginia businesses are required to carry Workers' Compensation coverage. There are exceptions, such as when you employ an independent contractor, agricultural employers with fewer than 5 full-time employees, and churches.
What limits of Commercial Auto Insurance are needed in West Virginia?
West Virginia requires that your Commercial Auto Insurance policy has limits of $20,000 for bodily injury liability per person, $40,000 bodily injury liability per accident, and $10,000 for property damage liability. Many WV businesses choose higher limits.
How can I lower my business insurance premiums in West Virginia?
You can manage your premium costs in many ways, including choosing a higher deductible for certain coverages, safety-related discounts, or by making changes to your coverages after a policy review.
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: