When should you get business insurance?
Running a business is an exciting venture, but it comes with its share of risks. One of the most critical steps in managing those risks is securing the…
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With coverage options starting at just $400 per year, why not take a few minutes to see how much you could save?
Savings Is Our Business
At InsuRabbit, we take a different approach to business insurance comparison. We give you the tools and resources to find the cheapest business insurance rates in your area in seconds — 100% for free and with no obligations. Plus, we’ll never ask for your personal information or make you fill out a lead form to get a quote; that’s so 2010. Instead, we connect you with our preferred providers where you get your quote directly. It’s that easy! Thanks again and we hope you enjoy your experience.
Compare Business Insurance Options For Free
InsuRabbit Tip:
To secure the best rate, it's smart to get online quotes from at least three different insurers.
InsuRabbit's Choice
• It’s free, 100% online, and takes just a few minutes
• Get quotes from best-in-class providers — all in one place
• Compare your coverage against others in your industry
InsuRabbit's Choice
• The easier way to get the right coverage at the best price
• Get an instant policy package online in under ten minutes
• The highest rated business insurance company in the market
Allstate
• Great coverage you can trust for as little as $360 per year
• Get custom coverage tailored to your business's needs
• Superior A+ rated 24/7/365 claims service you can count on
Chubb
• Top-quality coverage for as little as $400 per year
• Chubb offers over 30 innovative products to choose from
• Chubb Has the highest business insurance rating of “A++”
Liberty Mutual
• Customized insurance for as low as $400 per year
• Numerous Coverage Options Available To Meet Your Needs
• Liberty Mutual has an “A” financial strength rating
What is InsuRabbit and how can we help you Save money on business insurance?
For starters, we’re not an insurance company nor do we work for insurance companies. We connect you with our preferred providers like CoverWallet and Embroker where you get your quotes directly. Plus…
- Our only goal is to help you find the best coverage at the most affordable price
- It’s rabbit-fast, extremely easy, and actually fun to compare your options
- Best of all, you can get coverage for as little as $400 per year
Business Insurance Doesn’t Have To Be Expensive
In fact, you can get a great deal on business insurance right now. InsuRabbit is an online service that helps business owners compare rates from the top insurers in their area. We work with many of the top providers, so you can be sure to find the best deal for you.
- Free Quotes
- Custom Coverage
- Consumer Education
- Trusted Resources
- Liability
- Personal Injury
- (Errors And Omissions) E&O
- Get The Right Coverage
- Don't Overpay
- Learn From Experts
- Instant Quote
Compare Prices on Business Insurance
InsuRabbit Tip:
To secure the best rate, it's smart to get online quotes from at least three different insurers.
InsuRabbit's Choice
CoverWallet
• It’s free, 100% online, and takes just a few minutes
• Get quotes from best-in-class providers — all in one place
• Compare your coverage against others in your industry
AAA
• Pay as little as $500 per year for quality Business Insurance
• Coverage options designed to fit your needs and budget
• Business Owner’s Policy (BOP) policy options available
Allstate
• Great coverage you can trust for as little as $360 per year
• Get custom coverage tailored to your business's needs
• Superior A+ rated 24/7/365 claims service you can count on
Chubb
• Top-quality coverage for as little as $400 per year
• Chubb offers over 30 innovative products to choose from
• Chubb Has the highest business insurance rating of “A++”
GEICO
• Get quality coverage for around $500 per year
• A wide range of coverage options to meet your needs
• GEICO Has An Exceptional Financial Strength Rating Of “A++”
The Hartford
• Get solid coverage for around $650 per year
• The Hartford has a financial strength rating or “A+”
• They’ve been helping businesses for more than 200 years
Liberty Mutual
• Customized insurance for as low as $400 per year
• Numerous Coverage Options Available To Meet Your Needs
• Liberty Mutual has an “A” financial strength rating
Progressive
• Get solid coverage for as little as $550 per year
• Great coverage options available for businesses of all sizes
• Progressive has a “Superior” financial strength rating of A+
State Farm
• Get coverage for as little as $600 per month
• Enjoy personalized service and numerous coverage options
• State Farm has an A++ financial strength rating
USAA
• Customized coverage for as little as $300 per year
• Numerous affordable coverage options available
• USAA has a superior financial strength rating of A++
What type of business insurance coverage do I need?
Determining the appropriate business insurance coverage for your needs is a critical step in safeguarding your company. The specific type of coverage you require depends on various factors, including the nature of your business, industry regulations, and potential risks. Start by assessing the basics such as general liability insurance, which protects against claims of bodily injury or property damage. Additionally, consider property insurance to cover physical assets like equipment, inventory, and office space. You may also need professional liability insurance, especially if your services involve providing advice or consulting.
If you run your company out of your house, home-based business insurance is a crucial consideration. While homeowners insurance may provide some coverage, it often falls short in protecting business-related liabilities. Home-based business insurance can fill this gap, offering coverage for business equipment, inventory, and general liability. As with any business insurance, obtaining quotes from different providers is essential. Comparing home-based business insurance quotes allows you to find a policy that not only meets your coverage needs but also aligns with your budget. This step ensures that your home-based business is adequately protected against unexpected events and liabilities.
It’s important to stay informed about evolving business needs and industry-specific risks. Regularly review your business insurance coverage to make adjustments as your company grows or changes. As new risks emerge, explore additional coverage options to fortify your protection. Consulting with insurance professionals and obtaining updated business insurance quotes can guide you in making informed decisions about adjusting or expanding your coverage. By staying proactive and responsive to the unique needs of your business, you can maintain comprehensive protection against unforeseen challenges.
Why is it important to have the right type (and amount) of business insurance?
For starters, you’ll have peace of mind knowing that you’re protected against things like financial loss, property damage, lawsuits, liability, and so much more. Not to mention the time, money, and stress you’ll save when something does happen.
With that in mind, if any of the following applies to your company, you should consider comparing your options and getting new quotes as soon as possible — to ensure you have the right type of coverage:
- Significant increase (or decrease) in revenue
- Changes in employees
- Equipment purchase
- Added a new product or service
- Transportation adjustments (new vehicles, etc.)
- Property purchase or building upgrades
- It’s been ages since you actually reviewed your coverage
None of the above apply to your company? It’s still worth a few minutes of your time to see how much you could save by switching providers.
Savings Worth Celebrating
How much can you save with InsuRabbit? As much as hundreds per year! Plus, our rabbit-fast process means you can save more, faster.
Here's How It Works
01.
Click
See how much you can save on Business Insurance with our trusted partners.
02.
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Compare Business Insurance plans to maximize savings.
03.
Save
Saving on Business Insurance has never been easier.
What does business insurance cover?
Business insurance provides a comprehensive safety net for business owners, covering various aspects of risk and potential liabilities. The extent of coverage often depends on the specific type of business insurance services you choose based on your business offerings. For example, general liability insurance is a fundamental component that protects businesses from claims related to bodily injury, property damage, or advertising injury (yes, this is a real thing). This coverage is essential for various industries as it shields businesses from financial losses arising from legal actions taken by third parties.
For home-based businesses, specific considerations will likely come into play. Home-based business insurance is designed to address the unique risks associated with running a business from your residence. It typically covers business equipment, inventory, and provides liability protection in case a client or customer is injured while visiting your home for business purposes. This specialized form of insurance ensures that business owners operating their company out of their home are adequately protected against potential setbacks.
If your business involves deliveries, transportation of goods, or services that require the use of vehicles (in particular trucks or vans), having the right business fleet / business van insurance in place ensures that your assets are protected, and potential liabilities are mitigated. This insurance protects against accidents, damages, or theft.
Understanding the specific coverage offered by business insurance services and tailoring your policy to your business activities is essential for comprehensive protection against unexpected events.
Why Shop For Business Insurance?
We know you work hard for your business and that’s why we want to help you save as much as possible on your business insurance. Did you know that shopping around could save you hundreds of dollars a year?
- More Coverage
- Better Coverage
- Compare Rates
- Compare Coverage
- Cheaper Coverage
- Lower Deductible
How much does business insurance cost?
Business insurance rates are typically determined based on the size and nature of your business, the industry it operates in, the location, the coverage types selected, and the amount of coverage you need. While larger businesses with higher risks may incur higher premiums, small businesses, especially those in lower-risk industries, can find very affordable options for around $400 per year by comparing business insurance quotes online.
The cost of insurance for small businesses is often influenced by the coverage type(s) selected, such as:
- General liability
- Property insurance
- Workers’ compensation
- Professional liability
- And more
Seeking quotes from reputable business insurance companies provides the opportunity to explore competitive rates and coverage options tailored to your business requirements. Plus, local insurance providers may have a better understanding of regional risks and regulations, allowing them to offer more customized solutions for businesses in your area.
While cost is an important factor, the value of the coverage and the financial protection it provides are equally crucial when considering the cost of business insurance. We advise striking a balance between affordability and comprehensive coverage. Additionally, periodically reviewing your business insurance policy and obtaining updated quotes can help ensure that you have the most cost-effective and relevant coverage for your evolving business needs.
Frequently Asked Questions
Here are the answers to some typical questions about Business Insurance.
?
If there is some kind of accident at your business, or as a result of your business, you could face a lawsuit with litigation, medical bills, and property damage claims. This is why you need business insurance.
There are two categories of business insurance.
Business liability insurance covers you if someone blames your business for damages, injury, or loss.
Commercial property insurance covers repair and/or replacement of your business’ stolen or damaged property.
Yes! Business insurance is a cost of doing business and thus your premiums can be deducted.
Most states require businesses with employees to get workers’ compensation insurance.
Some states also require businesses to obtain insurance as part of the licensing process. Check your local laws to learn more.
Errors and Omissions insurance covers service and consultation businesses when they are sued over late, incomplete, or inaccurate work.
If you work from home, the need for business insurance is a consideration that depends on the nature of your home-based work and potential risks involved. While standard homeowners insurance may cover personal property, it may not provide adequate protection for business-related liabilities. Home-based business insurance is designed to address these gaps, offering coverage for business equipment, inventory, and liability protection for clients or customers visiting your home for business purposes. Assessing the specific risks associated with your home-based work and consulting with your insurance agent can help determine if obtaining business insurance is necessary to safeguard your assets and financial well-being while working from home.
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