This type of business liability insurance is important for all South Carolina businesses. A general liability policy covers common third-party risks, and it's required by most commercial leases.
A professional liability insurance policy provides financial protection against lawsuits related to work performance. It's also called errors and omissions insurance (E&O).
This policy covers financial losses from data breaches and cyberattacks. It's recommended for South Carolina businesses that handle credit card numbers and other sensitive data.
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 South Carolina business.
Workers’ comp insurance is required for South Carolina businesses that have four 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 South Carolina. It covers injuries and property damage in an accident, along with vehicle theft and some types of damage.
State laws affect which business insurance coverage you need. These policies are required everywhere in South Carolina, from Columbia to Charleston.
Workers' comp covers medical bills for work-related injuries and illnesses, and provides disability benefits to injured South Carolina workers. It also shields employers from legal costs for workplace injuries.
South Carolina's minimum requirements for auto liability insurance (and uninsured motorist coverage) 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 South Carolina'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 South Carolina, insurance agencies, agents, and brokers are licensed by the South Carolina Department of Insurance. Insureon is licensed in South Carolina as BIN Insurance Holdings LLC (NPN 15752926) for property and casualty insurance.
You can verify our licensure with the National Association of Insurance Commissioners by selecting South Carolina, licensee, business entity, and then entering our state license number, 1907716059.