Barring a few exceptions, every employer with one or more employees, full-time or part-time, is required by law to provide workers' compensation insurance in Maryland. This policy covers medical bills for work injuries and illnesses.
All business-owned vehicles in Maryland must be covered by commercial auto insurance. Maryland requires a minimum of $30,000 bodily injury liability per person, $60,000 bodily injury liability per accident, and $15,000 property damage liability per accident.
Though it's not required, personal vehicles driven for work purposes should be covered by hired and non-owned auto insurance, as personal auto policies usually exclude business use. It can be added to general liability insurance or a business owner's policy.
This policy is important for all Maryland businesses. It covers common risks, including customer property damage and injuries. Most commercial leases require this coverage.
This policy, also called errors and omissions insurance, protects professionals whose work depends on their expertise. It covers client lawsuits over mistakes and missed deadlines.
This policy helps Maryland businesses survive data breaches and cyberattacks by paying for client notification costs, legal fees, and other related expenses.
This policy bundles property insurance and general liability insurance in one plan. It's often the most cost-effective type of commercial insurance for a Maryland business.
Workers’ compensation insurance is required for Maryland businesses with one or more employees. It can cover medical costs for work injuries and illnesses.
This policy is required for business-owned vehicles in Maryland. It covers injuries and property damage in an accident, along with vehicle theft, vandalism, and weather damage.
In Maryland, insurance agents, agencies, and brokers are licensed by the Maryland Insurance Administration. Insureon is licensed in Maryland as BIN Insurance Holdings LLC (NPN 15752926) for property and casualty insurance and for surplus lines (license number 100040465).
Verify our licensure with the National Association of Insurance Commissioners: select Maryland, licensee, business entity, and then enter our NPN or license number.