Commercial Insurance Coverage Types
Understand what each policy covers, who needs it, and what it typically costs
Commercial insurance protects your business from the financial consequences of lawsuits, property damage, employee injuries, data breaches, and other risks that can threaten a small company's survival. Most businesses need at least general liability and workers' compensation coverage, but the right mix depends on your industry, state, and specific risk profile.
Our coverage guides explain what each insurance type covers, who needs it, how much it typically costs, and what to look for when comparing policies. Each guide includes real cost ranges by industry, common exclusions to watch for, and answers to frequently asked questions.
Not sure which coverage types you need? Take our Business Insurance Quiz for a personalized coverage recommendation.
General Liability
Protects against third-party bodily injury and property damage claims
Typical cost: $400–$2,000/year
Read Full Guide →Workers' Compensation
Covers employee injuries and illnesses on the job
Typical cost: $500–$3,000/year
Read Full Guide →Business Owners Policy
Bundles general liability with commercial property coverage
Typical cost: $500–$2,500/year
Read Full Guide →Commercial Auto
Covers vehicles used for business operations
Typical cost: $1,200 – $3,600 per vehicle per year
Read Full Guide →Professional Liability
Protects against errors, omissions, and negligence claims
Typical cost: $500 – $3,000 per year
Read Full Guide →Cyber Insurance
Covers data breaches, ransomware, and digital liability
Typical cost: $1,000 – $5,000 per year
Read Full Guide →Commercial Umbrella
Extra liability coverage beyond your primary policy limits
Typical cost: $500 – $2,000 per year for $1M in coverage
Read Full Guide →Directors & Officers
Protects leadership from personal liability in business decisions
Typical cost: $1,000 – $5,000 per year
Read Full Guide →