In honor of Independence Day, phone and chat support will be unavailable Friday, July 3. You can still apply for free quotes online or access your account during this time. We'll resume normal business hours starting Monday, July 6.

Business Insurance in New Jersey

Compare multiple quotes from top carriers with one application.
Blue violet flowers, New Jersey's state flower.
We partner with trusted A-rated insurance companies

Save money by comparing insurance quotes for New Jersey businesses

United States map.

Learn about New Jersey's insurance requirements

Fill out one application.

Complete one free online application

Multiple insurance quotes to compare.

Compare multiple quotes and choose the best coverage

What are the requirements for small business insurance in New Jersey?

State laws can affect which insurance policies you need for your small business. These policies are required for New Jersey businesses.
Blue check mark

Workers' compensation insurance

New Jersey state law requires all businesses with employees, full-time or part-time, to carry workers’ compensation insurance. This policy covers medical bills for work injuries and illnesses.

Blue check mark

Commercial auto insurance

All business-owned vehicles in New Jersey must be covered by commercial auto insurance. 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.

New Jersey’s commercial auto insurance requirements are:

  • Property damage liability: $5,000 per accident
  • Bodily injury liability: $30,000 per accident / $15,000 per person
  • Uninsured motorist bodily injury: $15,000

Recommended insurance policies for small businesses in New Jersey

General liability insurance icon

General liability insurance

This policy is important for all New Jersey businesses. It covers common risks, including customer property damage and injuries. Most commercial leases require this coverage.

BEST FOR
  • Customer injuries at your business
  • Damaged customer property
  • Libel or slander lawsuits
Professional liability insurance icon

Professional liability insurance

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.

BEST FOR
  • Work mistakes and oversights
  • Professional negligence lawsuits
  • Late or incomplete work
Cyber liability insurance icon

Cyber liability insurance

This policy helps New Jersey businesses survive data breaches and cyberattacks by paying for client notification costs, legal fees, and other related expenses.

BEST FOR
  • Data breach lawsuits
  • Client notification expenses
  • Fraud monitoring costs
Business owner’s policy icon

Business owner’s policy

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 New Jersey business.

BEST FOR
  • Customer injuries
  • Damaged customer property
  • Damaged business property
Workers’ compensation insurance icon

Workers’ compensation insurance

State law requires workers’ compensation insurance for all New Jersey businesses that have employees. This policy covers medical costs for work injuries and illnesses.

BEST FOR
  • Employee medical expenses
  • Partial missed wages
  • Lawsuits over employee injuries
Commercial auto insurance icon

Commercial auto insurance

This policy is required for business-owned vehicles in New Jersey. It covers injuries and property damage in an accident, along with vehicle theft, vandalism, and weather damage.

BEST FOR
  • Accidents involving business-owned vehicles
  • Theft of a business-owned vehicle
  • Damage to a company vehicle
Looking for different coverage? See more policies.

How much does small business insurance cost?

Business woman calculating costs of insurance.

Commercial insurance can be affordable for a small New Jersey business. Factors that influence the cost include:

  • Your industry and risk
  • Coverage limits
  • Location
  • Number of employees
View Small Business Insurance Costs

Insureon specializes in New Jersey business insurance

In New Jersey, insurance agents, agencies, and brokers are licensed by the New Jersey Department of Banking and Insurance. Insureon is licensed in New Jersey as BIN Insurance Holdings LLC (NPN 15752926) for property and casualty insurance and for surplus lines (license number 1281440). Verify our licensure with the National Association of Insurance Commissioners.

What our customers are saying
"Raynaldo made quick work of things. I told him what I needed, and ultimately I had a certificate of insurance in a matter of hours. Up to that point, I had spent hours going in circles with others."
Michael D.
Custom programmer
Insureon customer reviews on Feefo
Compare New Jersey business insurance quotes
Save money by comparing insurance quotes from top carriers.