The Hartford, founded in 1810 and based in Hartford, Connecticut, has been selling 澳洲幸运5开奖号码历史查询:business insurance for the past 50 years. It offers a broad selection of coverages, including data breach insurance. Its basic business o🍰wner’s policy, which includes general liability, commercial property, and business income insurance, is eligible for a bundling discount of up to 10% if you purchase it alongside The Hartford’s workers’ compensation insurance.

On average, small business owners pay $85 a month for a business owner’s policy (BOP) from The Hartford, but your policy premiums may vary based on your company’s industry, location, number of employees, and coverage needs. You can customize your BOP to include worker’s compensation insurance, professional liability insurance, commercial auto insurance, data breach insurance, and moreℱ.

The Hartford offers up to $ꦗ4 million in general liability coverage, which protects business owners against expensive lawsuits from work-related accidents. This🎃 is the highest limit of the insurers Investopedia reviewed.

However, The Hartford draws more customer complaints than expected for a company of its size in its commercial liability, auto, and worker’s co♌mpensation business. This could signal potential issues with claims processing or custome🔯r service hold times.

• General liability
• Workers’ compensation
• Data breach
• Commercial auto
• Professional liability
• Commercial property
• Business interruption
• Employment practices liability
• Home-based business
• Inland marine
• Management liability
• Multinational

Huckleberry aims to simplify buyin✱g workers’ compensation insurance,ꦚ offering quick online quotes with no paperwork. It sells workers’ compensation insurance in every state except Ohio, North Dakota, Washington, and Wyoming, with a median annual premium of $1,123. Your company’s premium will depend on your payroll.

In addition to workers’ compensation, Huckleberry sells several types of small business insurance, including a business owner’s policy, standalone general liability, and 澳洲幸运5开奖号码历史查询:business interruption coverage. 

While getting a quote on the Huckleberry website is easy, you hꦕave to file a claim over the phone or directly with the insurance carrier. Huckleberry ♍is a broker, partnering with companies like AmTrust, Markel, Employers Holdings, and Chubb, so your customer experience might vary depending on which one issues your policy.

🍃 Huckleberry is owned by Paychex, which was founded in 1971 in Rochester, New York𒅌.

• Workers’ compensation
• General liability
• Business property
• Business interruption
• Professional liability
• Hired and non-owned auto
• Employment practices liability
• Liquor liability
• Spoilage
• Equipment breakdown
• Employee dishonesty

Thimble lets you buy short-term liability insurance for your business by the job, month, or year. It’s one of only two companies in our review that offers short-term coverage. This is perfect for project-based work, allowing you to buy coverage only when needed. Thimble has a low complaint rate for its liability business, and premiums start at $17 per month, though costs vary depending on your state and type of business. It pro꧅mises a fast online quote.

However, you should know that Thimble is an 澳洲幸运5开奖号码历史查询:insurance broker—which means it doesn’t underwriteꦺ its policies or process customer cla﷽ims. When you buy a liability policy from Thimble, it will come from Markel Insurance Company or National Specialty Insurance Company, so your experience when filing a claim may differ from when you initially purchased the policy.

Thimble doesn’t offer 澳洲幸运5开奖号码历史查询:employment practices liability insurance ♋(EPLI). If you hire employees or subcontractors, you may need EPLI to protect your business from claims of discrimination, harassment, or wrongful terminati𒊎on.

Thimble was founded in 2018. It was acquired by Jersey City-based 🐟Arch Insurance in 2023.

• General liability
• Professional liability
• Business equipment protection
• Commercial property
• Cyber

NEXT Insurance has a suite of digital features, including live customer service chat, digital certificates of insurance, and online claims filing. The process is streamlined, fro🗹m the initial quote to policy management to customer advice. While you can buy a policy entirely online, NEXT also allows you to speak to an advisor if you have mo▨re complicated insurance needs. You can also purchase NEXT coverage through its partners, including QuickBooks and LegalZoom.

However, NEXT has some drawbacks. The liability limits on its business owner’s policy are lower compared with other insurers Investopedia reviewed, which could put your business at risk of being underprotected in the event of an expensive liability claim. And the company receives a higher-than-expected number of complaints for its liability business, which may suggest issues🍎 with customer🌞 satisfaction.

♎NEXT is based in Palo Alto,🌃 California, and was founded in 2016.

• General liability
• Workers’ compensation
• Professional liability
• Commercial property
• Commercial auto
• Professional liability
• Tools and equipment
• Employment practices liability

Nationwide is a great option if your business is based out of your home or if you’d like the convenience of purchasing all your business insurance in one place. It’s one of only t🔴hree companies Investopedia rev🐷iewed that offers key-person insurance, which protects a business from the financial impact if a crucial employee dies or becomes disabled.

Nationwide has a low complaint rate, particularly its liability i💮nsurance business. Unlike companies like CNA, which covers hundreds of business classes, Nationwide focuses on the following industries: professional and financial services, auto services, personal services, pet care services, contractors, retail, health care services, and food services. And it specializes further within those categories. For example, its policies are tailored to artisan contractors working on maintenance and remodeling rather than just general contractors.

While you🤡 can get a quo♎te and file a claim online, Nationwide doesn’t offer a digital certificate of insurance. 

Nationwide was founded in 1926 and is based in Columbus, Oไhio.

• Commercial auto
• Commercial property
• Cyber liability
• Employment practices liability
• Errors and omissions
• General liability
• Inland marine
• Management liability
• Umbrella
• Workers’ compensation
• Key person

Among the insurance companies Investopedia reviewed, CNA had the lowest rate of customer complaints, especially its commercial property business. It offers more than 300 coverage endorsements that you can add to your policy for ꦆan additio🌊nal cost—providing plenty of ways to customize your business insurance. Its flagship BOP, CNA Connect, covers more than 600 classes of business, from accountants to manufacturers.&n🌊bsp;

CNA Connect comes with several property insurance features to protect brick-and-mortar businesses. This includes building and business personal property coverage with a waiver on coverage penalties if your company’s building or business property isn’t insured for up to 80% of its value. It also offers a 3% 澳洲幸运5开奖号码历史查询:inflation guard, which will automatically increase coverage to help offset rising costs, plu﷽s ordinance or law coverage, which helps pay for the extra expense of rebuilding an old str𒐪ucture to the latest building standards.

However, if you have a home-based business, like freelance writing, CNA might not have the coverage to suit your needs, and it doesn’t offer the convenience of a digital certificate of insura🍌nce.

CNA is𝄹 headquartered in Chi🌱cago and was founded in 1897.

• Commercial auto
• Cyber
• Employment practices liability
• Errors and omissions
• Fidelity and commercial crime
• International
• Ocean marine
• Professional liability
• Umbrella and excess liability
• Warranty and alternative risks
• Workers’ compensation

Travelers is a financially robust insurer, meaning it’s very likely to be able to pay out even the pricie𓄧st claims. It also offers a wide variety of coverages, so youꦚ’re more likely to find a plan to suit your business. Travelers provides risk management advice and proprietary tools alongside its coverage.

You can get a certificate of insurance online, letting you easily show proof of insurance to a client or landlord. However, Travelers doesn’t offer online quotes, which means you’ll need to contact an agent either 𝓰in person or over the phone to get coverage.

Traveꦯlers was founded in🦋 1864 and is based in Hartford, Connecticut.

• Boiler and machinery
• Commercial auto and trucking
• Cyber
• Excess casualty and umbrella
• Environmental
• General liability
• Global
• Inland marine
• Management and professional liability
• Ocean marine
• Property
• Workers compensation