Business insurance is not just one specific policy, but a collection of different plans designed to protect your business from financial risk.
Generally speaking, small and midsize businesses will probably be interested in some type of business owner’s plan, which combines property and liability coverage with other important protections.
Larger companies might want something similar, but at a larger scale, sometimes known as a national plan. In addition, businesses will want to purchase supplemental coverage against other risks.
Often, that at least means some type of workers’ compensation plan and commercial auto insurance, if they use any vehicles for company business.
To provide you with the list below, we’ve scoured the market to find insurance companies that offer extensive business insurance products, and we’ve homed in on the companies that provide quality customer service.
It’s also important to us that the insurers we list have strong financial standing.
10 BEST SMALL BUSINESS INSURANCE COMPANIES OF 2020
Here are the top 10 providers of business insurance in 2020:
- Mercury Insurance
- State Farm
- The Hartford
- Travelers Insurance
- Farmers Insurance
- Liberty Mutual