Best small business insurance companies

Business insurance offers financial protection for your company in the event of unforeseen accidents, expensive lawsuits, and other challenges. Some policies are required by state and local laws, and you might need a certificate of insurance to secure a contract or a lease.

It's important to obtain your coverage through reputable insurance companies. Insureon partners with top-tier, leading insurance providers to get you policies that match your unique risks and your budget. Our expert insurance agents can work with you to create the best liability and property coverage plan for the most affordable price.

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When buying business insurance, keep in mind that the cheapest policies might not be the right fit for your business needs. Your coverage options can differ by more than price alone.

Let’s take a look at our top policies and some of the most trusted small business insurance companies in 2026, with spotlights on a few of our carriers.

General liability insurance covers common business risks such as bodily injuries, customer property damage, and advertising injuries. This business liability insurance is often the first policy purchased by small business owners. It's often required for commercial leases.

If someone slips and falls at your business, or if you’re sued by a competitor for libel or slander over something you’ve written, commented on, or voiced, a general liability policy would help protect your business by covering your legal costs and other related expenses.

For general liability coverage, consider:

• The Hartford
• Acuity Insurance
• Liberty Mutual
• Hiscox
• Chubb

The Hartford serves more than 1 million small businesses, including those that interface with the public regularly, such as restaurants, carpenters, and accountants. It has a solid financial strength rating of A+ from the credit rating agency AM Best.

The Hartford also has more than 200 years of experience and offers several lines of business insurance products, which allows its customers to buy different policies from one carrier. The Hartford sells these products through independent agents and brokers.

Learn how you can find cheap general liability coverage.

A business owner's policy, or BOP, combines general liability coverage and commercial property insurance into one policy. Bundling these two types of insurance is typically less expensive than buying each of them separately.

Most BOPs include business interruption insurance, also called business income insurance. This type of coverage pays for expenses from a temporary closure related to a storm, fire, or other business property insurance claim.

For business owner’s policies, consider:

• The Hartford
• Liberty Mutual
• Travelers
• Acuity Insurance
• Chubb
• Hiscox
• The Hanover

Liberty Mutual has over 100 years of experience in business insurance and offers BOPs in more than 100 professions, including electricians, real estate agents, and cafes.

It offers 24-hour claims assistance, plus a quick and easy claims process, available online or through an app. Liberty Mutual has an A rating from AM Best and offers more than 1,000 downloadable safety resources for its customers.

Professional liability insurance can help cover your legal expenses if a client sues you for professional negligence, such as a missed deadline or an error in your work. In other industries, you might see this coverage called errors and omissions insurance (E&O) or medical malpractice insurance.

Some clients require this coverage before they’ll do business with you. It’s often purchased by consultants, architects, engineers, real estate agents, and other professional service experts.

In the healthcare industry, doctors and nurses often need malpractice coverage to work for a specific network or healthcare facility. If you're looking for medical malpractice coverage, we recommend CM&F Group.

For professional liability coverage, consider:

• The Hartford
• PHLY
• Hiscox
• Travelers
• Chubb

Philadelphia Insurance (PHLY) is known for its high customer satisfaction rate of more than 95% from its clients, which include IT consultants, management consultants, and accountants. In business for more than 55 years, PHLY has an admirable financial rating of A++ from AM Best.

In addition to selling a wide range of small business insurance policies, PHLY also offers more than 60 risk management courses online at no additional cost for its clients.

Learn how you can find cheap professional liability coverage.

Workers’ compensation insurance covers medical bills and lost income from work-related injuries and illnesses. It usually includes employer's liability insurance, which covers lawsuits from workplace injuries.

Workers' comp is required in most states for businesses that have employees. Some states require it even if a small business owner works alone, especially for those in the building trades.

Sole proprietors sometimes choose to carry this coverage for themselves, as health insurance providers can deny claims for injuries related to your job.

For workers’ comp coverage, consider:

• The Hartford
• Liberty Mutual
• Chubb
• Acuity
• Nationwide
• The Hanover
• GUARD
• Travelers
• AmTrust Financial

AmTrust Financial has been in business since 1998, serving churches, accountants, electricians, and others. It has more than 500,000 small commercial policies in force and an A- rating from AM Best. AmTrust also earned recognition as a "Best and Brightest Employer" for 2024 by the National Association for Business Resources.

With workers’ comp insurance, AmTrust offers experienced agents who can walk small business owners through the buying process and help them understand the various laws, class codes, and underwriting involved.

Additionally, they offer a Loss Control Department with workplace safety training resources to help small businesses reduce risks and employee injuries.

Learn how you can get affordable workers' comp coverage.

Cyber insurance covers financial losses resulting from data breaches and cyberattacks, such as notifying customers, recovering data, and providing fraud monitoring services for affected customers. Businesses that handle cybersecurity can also get coverage for failing to prevent a cyber incident at a client's business.

For cyber insurance, consider:

• PHLY
• Coalition
• Chubb

Founded in 2017, Coalition is a comprehensive cyber insurance and security company that protects businesses of all types, from real estate to technology, against cyber exposures. It also provides resources to help them reduce their data breach risks.

Its clients receive free 24/7 monitoring, cyber risk assessments, employee training, and security services. Thanks to Coalition's Active Cyber Insurance approach, the company's policyholders experience 73% fewer claims than the industry average.

Commercial auto insurance is required in most states for businesses that own vehicles. This type of business insurance covers legal bills, medical expenses, and property damage if a company-owned vehicle is involved in an accident.

You can also opt for protection against vehicle theft, vandalism, and other types of damage, depending on your insurance needs.

For commercial auto coverage, consider:

• The Hartford
• Progressive
• Acuity Insurance
• Liberty Mutual
• GUARD

Founded in 1937, Progressive has an A+ rating from AM Best and is the largest provider of commercial auto insurance in the United States, with coverage available in every state. It offers broad coverage to small businesses that rely heavily on vehicles, like lawn care companies, janitorial services, and landscape designers.

Progressive offers discounts on commercial auto insurance when combined with general liability or a business owner’s policy. It also offers a 15% discount for businesses that pay their annual premiums up front, and a 24/7 customer support line.

Learn how to get cheap commercial car insurance.

When you buy insurance, your carrier will offer a service center where you can manage payments, request assistance from an agent, view policy documents, or file a claim.

These insurance companies have a strong focus on customer service and offer a wide range of online services and support through their service centers:

• The Hartford
• Acuity Insurance
• Liberty Mutual
• Nationwide
• Travelers
• The Hanover
• Chubb

Each state has its own laws and requirements for insurance, which is one reason why some carriers are dominant in certain states. Here are the primary business insurance providers for our top 10 states:

With so many companies offering business insurance, finding the right coverage can feel overwhelming. Insureon makes the process easy by retrieving small business insurance quotes that fit your profession and your risks.

Our dedicated team of licensed agents can evaluate your business needs and help you choose the right policies at an affordable price.

Start your free online quote today with Insureon and we’ll match you with the best A-rated insurance providers for your unique needs, so you can get back to business fast.