11535 K-Tel, Drive Suite 41619, Minnetonka MN 55343, USA
Business insurance
Introduction
What is business insurance?
Business insurance, also known as commercial insurance, helps protect business owners from unexpected losses. Whether you’re running a small startup or managing an established company, commercial business insurance plays a crucial role in safeguarding your assets and employees. It also provides essential protection against unexpected claims that could disrupt your operations.
Contact us
Request a Business Insurance Quote
Form Fields
1
Error while rendering form
Benefits of business insurance
Business insurance safeguards you, your team, your clients, your property, and your company’s future. Business insurance safeguards you, your team, your clients, your property, and your company’s future. Since every business has unique needs, we provide our tailored coverage options to find the right protection for your business.
Business insurance provides a vital layer of financial protection, covering risks like property damage, liability claims, employee injuries, and business interruptions. Customize your coverage to keep your operations secure and resilient.
Who We Insure?
-
Contractors
-
Retailers
-
Manufacturers
-
Healthcare
-
Buildings
-
Pro. Services
-
Offices
-
Wholesalers
-
Real Estate
-
Tech
-
Food
-
Others
Smart Business Protection
Many business owners start with a Business Owner’s Policy (BOP) because its three essential coverages help protect businesses from common claims. A BOP includes general liability insurance, commercial property and business income insurance. Looking for company insurance policies tailored to your needs? Our BOP policy can be bundled with additional types of coverages to help your business save money on insurance.
Business Insurance coverages
Every business is unique. Your business may have different needs than another company down the street. Although a Business Owner’s Policy and Workers’ Compensation insurance is a good start, you may need different types of business insurance coverage to address your company’s specific needs.
General Liability
Helps protect your business and its assets in the event of a lawsuit for things like negligence, bodily injury, property damage, libel and slander.
Business Owners Policy
Combines some of the most critical business insurance coverages your company needs into one convenient and cost-effective policy.
Workers' Compensation
help compensate employees for expenses associated with work-related injuries or illnesses like medical bills, rehabilitation and lost wages.
Business Income
Helps you cover payroll, pay for relocation expenses and replace lost income when a covered loss forces your business to close temporarily.
Business Liability
Helps provide reimbursement for the resulting medical, repair and legal expenses if your business is held liable for injury or property damage.
Cyber Liability
Helps your business recoup expenses associated with a cyberattack or data breach.
Commercial Auto
Helps protect the vehicles your business uses to conduct its operations, including cars, trucks, vans and more.
Commercial Property
Helps protect your business’s building and any commercial property surrounding the building and the contents within.
Umbrella Insurance
Acts as an added layer of protection beyond your business’s liability policies.
FAQs
? What Type Of Insurance Is Best For My Business?
In order to provide you with the most suitable protection, it's essential for us to grasp the nature of your business operations. For instance, the insurance needs of a retail business greatly differ from those of a General Contractor. Nevertheless, General Liability insurance remains a common requirement for nearly all businesses.
? Who Can Get Business Insurance?
We insure wide variety businesses, including contractors, retailers, manufacturers, health and fitness, professional services, building owners, distributors, wholesalers and more.
? How much is a business insurance quote?
The cost of business insurance varies widely based on several factors, including:
- Type of Business: A high-risk business, like construction, typically has higher insurance premiums than a low-risk business, such as a consulting firm.
- Location: Businesses in areas prone to natural disasters might face higher premiums. Moreover, insurance costs can vary from state to state.
- Coverage Needs: Depending on what you want to protect (e.g., property, vehicles, employees), your coverage needs will differ.
- Number of Employees: Worker\u2019s compensation insurance, which is mandatory in many places, will cost more for businesses with more employees.
- Business Revenue: Some policies, like general liability, might be based on the business's revenues.
- Claims History: If your business has a history of many claims, you'll likely face higher premiums.
- Deductible Amount: A higher deductible (the amount you pay out of pocket before insurance kicks in) usually means lower premiums.
- Policy Limits: The maximum amount the insurance company will pay for a claim affects the premium. Higher limits generally mean higher premiums.
? Why choose Quotes Solution Business Insurance Services?
We pride ourselves in specializing in small business insurance. Our success story begins back when we started a small insurance business. Over the years we expanded our capacity to serve clients in all 50 states in the US.
