This business liability insurance is important for all Vermont businesses. It covers common third-party risks, and it's required by most commercial leases.
This policy, also called errors and omissions insurance (E&O), protects Vermont 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 Vermont 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 Vermont business.
Workers’ comp insurance is required for Vermont 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 Vermont. 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 Vermont, from Rutland to Burlington.
The Vermont Department of Labor requires [PDF] businesses with one or more employees, full-time or part-time, to carry workers’ compensation insurance.
Workers' comp covers medical costs when an employee is injured on the job or develops an occupational disease. It also provides disability benefits to injured Vermont workers.
Most policies include employer's liability insurance, which covers legal costs if an employee claims their injury was caused by the employer's negligence.
All business-owned vehicles in the Green Mountain State must be covered by commercial auto insurance. This policy covers the cost of accidents involving work vehicles in Vermont.
Vermont's minimum requirements for auto liability insurance are:
Trucking companies may need additional coverage to comply with regulations.
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).
Commercial insurance can be affordable for Vermont small business owners. Factors that influence the cost include:
Insureon's licensed agents can help you find policies that fulfill Vermont'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 Vermont, insurance agencies, agents, and brokers are licensed by the Vermont Department of Financial Regulation. Insureon is licensed in Vermont as BIN Insurance Holdings LLC (NPN 15752926) for property and casualty insurance (license number 706364). You can verify our licensure with the National Association of Insurance Commissioners by selecting Vermont, licensee, and business entity, then entering our NPN or license number.