Chelsey Tucker graduated with a Bachelor of History degree from Metropolitan State University in 2019. She now writes about insurance with her specialty being life insurance and has been quoted on Help Smart Phone and MEL Magazine.

Full Bio →

Written by

Dan Walker graduated with a BS in Administrative Management in 2005 and has been working in his family’s insurance agency, FCI Agency, for 15 years. He is licensed as an agent to write property and casualty insurance, including home, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like

Full Bio →

Reviewed by Daniel Walker
Licensed Auto Insurance Agent

UPDATED: Mar 19, 2020

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

compare small business insurance rates

If you are looking for affordable business insurance options, we offer a comparison tool right here that lets you compare small business insurance rates. With a strong idea about the going rates and a plan for the coverage your small business needs, you be well equipped to choose the best protection your money can buy.

Enter your ZIP code above to compare business insurance rates from all the top insurance companies. Save time and money by find the best possible rates!

Small Business Coverage

Do you know what kind of insurance you are looking for? There are many types of coverage and not every business will need them all.

  • Business Liablity: This insurance protects you from bodily injury or property damage for which your company might be held at fault. This the policy that would pay if a customer slipped and fell on your premises.
  • Professional Liability: This insurance protects professionals from claims that their negligence or bad advice had an adverse effect on a customer. In medical practices, this is called malpractice insurance. For many American professionals this is called errors and omissions insurance.
  • Business Property:  This insurance covers your buildings and property from damage or theft. If you have a fire in your store or your landscaping tools are stolen from your storage shed, this is the policy that would pay.
  • Business Interruption: This will cover lost profits following an event and ensure your business is able to survive if you are not able to resume operations immediately.
  • Workers’ Compensation: This insurance pays employees medical and disability payments for injuries they suffer while working.
  • Vehicle Insurance: This insurance protects your automobiles, trucks, or vans.

Compare Insurance Providers Rates to Save Up to 75%

 Secured with SHA-256 Encryption

Comparing Small Business Insurance Rates

When comparing business insurance rates, you need to be sure you are comparing the same coverages and plans. Many times insurance companies have different provisions or limits and the low rate you see may represent much less coverage.

Don’t be afraid to ask these questions:

Are there any restrictions?

Most small business property insurance policies will not cover floods. There can be additional restrictions as well. Be sure you understand all the limitations in your policies. If you feel your business needs additional coverage, you may be able to secure it elsewhere.

What are the total payouts?

low cost businesss insurance

If you are a principal in a small business and you are not incorporated, you may need to make sure your professional liability insurance will cover your personal assets. In this case, the coverage you desire might depend entirely on the value of your assets and not the size of your company.

And that is just one example. With every policy, you should assess the total payout against what your small business would need to protect itself or to rebuild following an adverse event.

Compare Insurance Providers Rates to Save Up to 75%

 Secured with SHA-256 Encryption

Are there deductibles?

One way you may be able to reduce your small business insurance rates is by raising the deductibles on property insurance policies. Remember, when you have a claim, you will need to have access to funds to cover the deductible.

There is also a possible “time deductible” for business interruption insurance. Your policy may have a stated length of time, typically 24-72 hours following the onset of an event, that will elapse before your coverage kicks in.

Free Insurance Providers Comparison

Compare Insurance Providers Rates to Save Up to 75%

 Secured with SHA-256 Encryption

What can I do to lower insurance rates?

Some companies will consider lowering rates under the following circumstances:

  • Lowering workers’ compensation rates for companies that institute a safety training program.
  • Lowering property insurance rates for those that install sprinklers or burglar alarms.
  • Offering a discount when you purchase multiple policies from the same company.

Where can I compare small business insurance rates?

Your best bet is to start right here with your postal code and a list of coverages you think you will need.

Compare Insurance Providers Rates to Save Up to 75%

 Secured with SHA-256 Encryption

Choosing the Right Small Business Policy

Price and coverage will be your biggest concerns when choosing small business insurance coverage. Small businesses are challenged to balance the maximum coverage at the minimum cost, but there are a few other questions to keep in mind.

Will they answer your questions?

You have to make the right choices for your company, and you can only do that when you have accurate information. If a company hesitates to answer your questions, or makes you feel foolish, you may not be able to make informed decisions.

Trust your instincts if you feel a company is not forthcoming enough for your comfort, especially at the beginning when they are making the sale and ought to be on their best behavior.

Do they have a good reputation for settling claims?

jd power auto insurance reviews

Who cares how little they charged on the policy if they never pay when you place your claim? Or just as bad, what if they take so long to pay that you lose precious time that costs you business and revenue?

Compare Insurance Providers Rates to Save Up to 75%

 Secured with SHA-256 Encryption

Are their finances in order?

Sometimes you will see a deal too good to be true. You might think that is the insurer’s problem not yours once you have a policy in hand.

If an insurer is writing policies it cannot support, there is a very real possibility that it will not be around forever. One good storm could wipe it out and leave you high and dry.

Quotes Available

Now that you understand all the variables, it is time to do some comparing of your own. Try our simple tool below to start connecting with insurance companies who want to help you find the right small business insurance rates for you.