This type of business liability insurance is important for all New York businesses. A general liability policy covers common third-party risks and is required for most commercial leases.
This policy, also called errors and omissions insurance (E&O), protects New York businesses that provide professional services or advice. It covers lawsuits related to work performance.
This policy covers financial losses from data breaches and cyberattacks. It's recommended for New York businesses that handle credit card numbers and other sensitive data.
A BOP bundles business property insurance and general liability coverage in one plan. It's often the most cost-effective type of commercial insurance for a New York business.
New York state law requires every business that has employees, full-time or part-time, to carry workers' compensation. It also protects sole proprietors from work injury costs that health insurance might deny.
This policy is required for business-owned vehicles in New York. It covers injuries and property damage in an accident, along with vehicle theft, vandalism, and weather damage.
State laws affect which business insurance coverage you need. These policies are required everywhere in New York, from Rochester to New York City.
Workers' comp covers medical bills for work-related injuries and illness. It also provides disability benefits to injured workers, and protects New York business owners from liability over an injury.
New York's minimum requirements for auto liability insurance are:
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 commercial general liability insurance or a business owner's policy (BOP).
Insureon's licensed agents can help you find policies that fulfill New York'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 New York, insurance agencies, agents, and brokers are licensed by the New York State Department of Financial Services. Insureon is licensed in New York as BIN Insurance Holdings, LLC (NPN 15752926) for property and casualty insurance (agent license PC-1155635, broker license BR-1155635) and for surplus lines (license EX-1155635). You can verify our licensure with the New York State Department of Financial Services Insurance by selecting “business entity” in the first dropdown and then entering our New York state license number.