Commercial auto insurance covers accidents involving vehicles used or owned by your business. Third-party liability coverage for injuries and property damage is required in most states, but policies also can include first-party coverage such as medical payments and collision. For small business owners, annual commercial vehicle insurance costs $600 to $2,400 per vehicle. If you’re…
About the Author
Jaclyn Moriarty
Jaclyn Moriarty is a writer with our finance team focusing on insurance. Prior to joining Fit Small Business, Jaclyn worked in content marketing for financial services. She holds a Bachelor of Arts degree in journalism and English from Bradley University and has written for a number of finance and insurance companies, including Insureon and Amica.
When not busy keeping up on all things FinServ, Jaclyn is fond of drinking coffee, reading comics, and watching hockey.
Landscaping Insurance: Definition, Cost, Features & Providers
Landscaping insurance is a group of policies that protect your business’s assets. The most common lawn care business insurance policy is general liability, which pays for nonemployees’ injuries and property damage. Most businesses need other policies like property insurance and auto coverage. Landscapers’ general liability insurance starts around $400 per year. The policies you need…
Washington Workers’ Compensation Insurance: Laws, Rules & More
Workers’ compensation insurance is required in most states to pay employees’ medical bills and wage replacement after a workplace injury or illness. In Washington, workers’ compensation insurance is required for all employers with one or more employees. Washington is unique because it’s a monopolistic state, which means employers must purchase coverage through the state fund….
Georgia Workers’ Compensation: Top Providers, Rules & More
Georgia workers’ compensation laws mandate employers with three or more employees must carry workers’ comp insurance to pay for employees’ medical treatment and lost wages when they experience a work-related injury or occupational illness. On average, Georgia employers can expect to pay between $2 and $2.49 per $100 of payroll for workers’ compensation insurance. Consider…
Professional Liability Insurance for Consultants
Professional liability insurance for consultants offers protection in lawsuits over the professional services they provide. Policies cover third-party claims that your business made costly errors or omissions by paying for your legal defense. Annual premiums for a professional liability policy can range from $500 to $1,400, depending largely on industry and coverage amount. is a…
What Does General Liability Insurance Cover?
General liability insurance is a fundamental business policy covering risks inherent in most operations, namely harm to third parties. Many insurers write general liability on standardized forms, making coverage similar across carriers. Understanding standard general liability insurance coverage can help you manage risks and identify other necessary policies. Most business owners get general liability insurance…
How Much Does Commercial Auto Insurance Cost?
Many factors help insurers determine the cost of commercial auto insurance, including vehicle usage and driving history. Cost is also impacted by the coverage options business owners select for expanded protection, such as roadside assistance and comprehensive coverage. Most businesses can expect to pay an annual premium of $600 to $2,400 per vehicle. Business owners…
New Jersey Workers’ Compensation Insurance: Top Providers, Rules & More
Workers’ compensation insurance pays for employees’ medical expenses and lost income when they experience a work-related injury or occupational illness. Most states require workers’ comp by law. New Jersey requires all employers with one or more employees to carry workers’ compensation, and they typically pay between 72 cents to $19.72 per $100 of payroll. Work…
9 Best Commercial Property Insurance Companies 2019
The best commercial property insurance companies offer tailored policies meeting the unique needs of business owners. Policies include owner-occupant, landlord risks, tenant risks, and various business property risks. We reviewed more than 20 of the top commercial insurance companies and narrowed it down to the ten best based on their ability to serve small businesses….
Workers’ Compensation Insurance Requirements by State
Forty-nine states require most employers to carry workers’ compensation insurance. Texas is the only state that gives employers the choice to offer coverage. Rules vary, so it’s important to research workers’ compensation insurance requirements by state. Some states require workers’ comp for every business and others base the requirement on the number of employees. What…
Entertainment Insurance: Coverage for Music, Film & Production
Entertainment insurance is a group of policies that protects producers, crew, equipment, and filming locations from potential losses. Common policies include general liability, property, and media liability insurance. Small production companies can typically obtain general liability and film production insurance for under $1,000 annually. Buying a business owner’s policy (BOP), which bundles coverage, provides savings….
Pennsylvania Workers’ Compensation Insurance: Top Providers, Rules, & More
Workers’ compensation insurance pays for employees’ medical costs and replacement income if they experience a work-related injury or occupational illness. Workers’ comp is required by law in most states. Pennsylvania requires employers with one or more employees to carry workers’ compensation, and they typically pay between 12 cents to $26.39 per $100 of payroll. Consider…
