Find policies that match Delaware's requirements
Save money by comparing business insurance quotes from trusted providers.
Business Insurance in Delaware
Get the right coverage from top insurance companies.
What kind of work do you do?
Choose from the nation's best insurance providers
Get the right commercial insurance for your Delaware business
Learn about Delaware's business requirements
Explore resources and expert policy recommendations
Complete one application to compare multiple quotes
Which policies are recommended for Delaware businesses?
Small businesses in Delaware most often buy these types of insurance.
General liability insurance
This type of business liability insurance is important for all Delaware businesses. A general liability policy covers common third-party risks, and it's required by most commercial leases.
BEST FOR
- Customer bodily injuries
- Damaged customer property
- Slander, libel, and other advertising injuries
Workers’ compensation insurance
Delaware requires workers’ comp for all businesses that hire employees. It also protects sole proprietors from work injury costs that health insurance might deny.
BEST FOR
- Employee medical expenses
- Disability benefits
- Legal fees from employee injuries
Commercial auto insurance
This policy is required for business-owned vehicles in Delaware. It covers injuries and property damage in an accident, along with vehicle theft and some types of damage.
BEST FOR
- Accidents involving commercial vehicles
- Theft of a business-owned vehicle
- Damage to a company vehicle
Business owner’s policy
A BOP bundles commercial property insurance and general liability coverage in one plan. It's often the most cost-effective type of commercial insurance for a Delaware business.
BEST FOR
- Slip-and-fall injuries
- Damaged customer property
- Damaged business property
Professional liability insurance
A professional liability insurance policy provides financial protection against lawsuits related to work performance. It's also called errors and omissions insurance (E&O).
BEST FOR
- Work mistakes and oversights
- Professional negligence lawsuits
- Late or incomplete work
Errors and omissions insurance
E&O, sometimes called professional liability insurance, is common with professional services in Delaware. It can cover the cost of lawsuits related to your work performance.
BEST FOR
- Missed deadlines
- Accusations of negligence
- Errors and oversights
Cyber insurance
This policy covers financial losses from data breaches and cyberattacks. It's recommended for Delaware businesses that handle credit card numbers and other sensitive data.
BEST FOR
- Customer notification expenses
- Fraud monitoring services
- Data breach investigations
Commercial umbrella insurance
Umbrella insurance boosts coverage on your general liability insurance, commercial auto insurance, and employer's liability insurance when the underlying policy reaches its limit.
BEST FOR
- Customer lawsuits
- Auto accident lawsuits
- Employee injury lawsuits
Commercial property insurance
This policy covers the value of a business's physical structure and its contents, such as inventory, equipment, and furniture. Bundle it with general liability coverage in a BOP for savings.
BEST FOR
- Fire
- Theft and vandalism
- Weather damage
Looking for different coverage? See more policies.
How to get insurance for your Delaware business
View video transcript.
We're on top of your small and medium-sized business insurance needs. We'll help you find policies that protect what you've worked so hard to build. Start here.
Tell us about yourself. Questions? We've got your back. The info you share is secure. We'll double-check it and a pro with experience in your field will be in touch.
Fast? You can compare quotes from leading insurance providers in seconds and get a certificate of insurance the same day.
Always online, always on your side. Helping protect your business.
When you are ready to get insurance for your Delaware business, you can complete Insureon's easy online insurance application to get quotes from top-rated carriers.
Which business insurance policies are required in Delaware?
State laws affect your business insurance requirements. These policies are required everywhere in Delaware, from Wilmington to Dover.
Workers' compensation insurance
Delaware state law requires small businesses to carry workers' compensation insurance if they have one or more employees, full-time or part-time,. Employers may not charge an employee any amount for the coverage costs.
Workers' comp covers medical bills for work-related injuries and illnesses. It also provides part of the wages lost while the employee is recovering and unable to work.
Commercial auto insurance
All business-owned vehicles in the state of Delaware must be covered by commercial auto insurance. This policy covers the cost of accidents involving work vehicles.
Delaware's auto insurance requirements are:
- $25,000 bodily injury liability per person
- $50,000 bodily injury liability per accident
- $10,000 property damage liability per accident
- $15,000 personal injury protection for any one person
- $30,000 personal injury protection for all persons injured in any one accident
Trucking companies may need additional business insurance coverage to comply with regulations.
Though it's not required, personal vehicles driven for work purposes should be covered by hired and non-owned auto insurance (HNOA), as personal auto policies usually exclude business use. It can be added to general liability insurance or a business owner's policy.
How much does small business insurance cost in DE?
Commercial insurance can be affordable for small business owners. Average costs in Delaware are:
General liability: $41 per month
Workers' comp: $50 per month
Professional liability/E&O: $73 per month
Factors that influence business insurance costs include:
- Your industry and risks
- Business operations
- Number of employees
- Policy limits and deductibles
FAQs about Delaware business insurance
Review answers to frequently asked questions about Delaware insurance.
How do I get a certificate of insurance for my business?
Insureon's licensed agents can help you find policies that fulfill Delaware's requirements and protect against financial loss. Once you've purchased insurance with us, you can download a certificate of insurance by logging into your account.
Can my company be held liable for a data security breach?
Yes – that's why cyber insurance is so crucial. Hackers are three times more likely to target small businesses, as they often have fewer resources to combat a threat.
Delaware's data breach laws require businesses to report security breaches to affected residents, and the costs can escalate quickly. Cyber liability insurance lessens the financial impact by paying for notification costs, legal fees, and fines.
Does my industry affect state insurance requirements?
Yes, your state may have special requirements for business insurance and bonds for your industry. You may also need a license depending on the work you do.
Contractors often need to carry general liability insurance or surety bonds to perform certain types of work. Having the right insurance and bonds helps you comply with state licensing requirements.
Real estate agents and brokers and other professionals who offer advice or services sometimes need errors and omissions insurance to get licensed in their state.
Note that cities and counties may have their own laws, in addition to state laws.
How can I save money on Delaware small business insurance?
As with any purchase, shopping around is one of the best ways to find an affordable option. With Insureon, you can compare free quotes from top-rated providers by filling out an easy online application.
Other ways to save include bundling policies for a discount, and choosing less expensive coverage options, such as lower limits or a higher deductible. Learn more about how to find cheap business insurance.
What our customers are saying
