This policy is important for all Kentucky businesses. It covers common risks, including customer injuries. Most commercial leases require this business liability insurance.
This policy, also called errors and omissions insurance (E&O), protects professionals whose work depends on their expertise. It covers lawsuits over mistakes and missed deadlines.
This policy helps Kentucky businesses survive data breaches and cyberattacks by paying for client notification costs, legal fees, and other related expenses.
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 Kentucky business.
Kentucky requires workers' comp insurance for businesses that have one or more employees. It also protects sole proprietors from work injury costs that health insurance might deny.
This policy is required for business-owned vehicles in Kentucky. It covers injuries and property damage in an accident, along with vehicle theft, vandalism, and weather damage.
State laws can affect which business insurance coverage you need. These policies are required everywhere in Kentucky, from Louisville to Lexington.
Kentucky state law [PDF] requires all employers – whether they are running a private or a government organization – to have a workers' compensation insurance policy in force. Even if your company has only one part-time employee, you are legally obligated to provide occupational injury coverage for that worker.
This policy covers medical costs for work-related injuries and illnesses. It also provides disability benefits to injured Kentucky workers.
All business-owned vehicles in Kentucky must be covered by commercial auto insurance. This policy covers the cost of accidents in work vehicles.
As another option, a business owner in Kentucky could opt for a policy with a single limit of $60,000 and basic reparations benefits (PIP).
Trucking companies may need additional 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 (BOP).
Insureon's licensed agents can help you find policies that fulfill Kentucky's requirements and your business insurance needs. Once you've purchased insurance with us, you can download a certificate of insurance by logging into your account.
In Kentucky, insurance agencies, agents, and brokers are licensed by the Kentucky Department of Insurance. Insureon is licensed in Kentucky as BIN Insurance Holdings LLC (NPN 15752926) for property and casualty insurance and for surplus lines (DOI number 728102). To verify our licensure with the Kentucky Department of Insurance Licensee Search, select business entity, DOI number, and enter our DOI number.