We recommend that new businesses carry a Business Owner's Policy, worker's comp (if you have employees) and commercial auto (if you use vehicles on the job).
Your costs vary on your type of business, geographical location, number of employees and other specific details.
A Business Owner's Policy (BOP) typically costs between $50-$150 a month for a low risk business.
A Business Owner's Policy packages your three most important coverages to save you money:
Worker's comp typically costs $45-$75 a month for a low risk business with just a few employees.
Almost all states require you to carry this important coverage if you have employees.
Commercial auto typically costs between $125-$575 a month depending on your vehicles.
All states require you to carry commercial auto coverage if your company uses vehicles on the job.
Cover damages your vehicles cause to other people or their property
Depending on your business, you may also want to carry: