Business Insurance in Virginia

Compare multiple quotes from top carriers with one application.
What kind of work do you do?
Flowering dogwood, Virginia's state flower.
Logos of Insureon's Partners
We partner with trusted A-rated insurance companies

Get small business insurance for your Virginia business

United States map.

Learn about Virginia'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

Recommended insurance policies for small businesses in Virginia

General liability insurance icon

General liability insurance

A general liability policy covers common third-party risks, and it's required by most commercial leases. This type of business liability insurance is important for all Virginia businesses.

BEST FOR
  • Customer bodily injuries
  • Damaged customer property
  • Libel and other advertising injuries
Professional liability insurance icon

Professional liability insurance

This policy, also called errors and omissions insurance (E&O), protects Virginia businesses that provide professional services or advice. It covers legal costs related to work performance.

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

Cyber liability insurance

This policy covers financial losses from data breaches and cyberattacks. It's recommended for Virginia businesses that handle credit card numbers and other sensitive data.

BEST FOR
  • Customer notification expenses
  • Fraud monitoring services
  • Data breach investigations
Business owner’s policy icon

Business owner’s policy

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 Virginia business.

BEST FOR
  • Slip-and-fall injuries
  • Damaged customer property
  • Damaged business property
Workers’ compensation insurance icon

Workers’ compensation insurance

Workers’ comp insurance is required for Virginia businesses that have more than two employees. It also protects sole proprietors from work injury costs that health insurance might deny.

BEST FOR
  • Employee medical expenses
  • Disability benefits
  • Legal fees from employee injuries
Commercial auto insurance icon

Commercial auto insurance

Commercial auto insurance pays for medical care and other damages in accidents involving business-owned vehicles. It also covers vehicle theft, vandalism, and other types of damage.

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

Virginia small business insurance requirements

State laws affect which business insurance coverage you need. These policies are required everywhere in Virginia, from Richmond to Virginia Beach.

Blue check mark

Workers' compensation insurance

Virginia state law requires businesses with more than two employees, full-time or part-time, to carry workers’ compensation coverage.

This policy covers medical bills for work-related injuries and illnesses, and provides disability benefits to injured Virginia workers. Most policies include employer's liability insurance, which covers legal bills if an employee claims their injury was caused by the employer's negligence.

Blue check mark

Commercial auto insurance

Commercial auto insurance covers the cost of accidents involving work vehicles.

Business vehicles in Virginia aren't required to carry this coverage. However, you must be able to prove you can meet the state's financial responsibility requirements in the event of an at-fault accident.

The financial responsibility requirement in Virginia can be met by purchasing commercial auto insurance, paying an uninsured motor vehicle fee, or obtaining a surety bond.

If you purchase insurance, the state imposes coverage minimums. Virginia's minimum requirements for auto liability insurance are:

  • $30,000 bodily injury liability per person
  • $60,000 bodily injury liability per accident
  • $20,000 property damage liability per accident

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).

How much does small business insurance cost?

Business woman calculating costs of insurance.

Commercial insurance can be affordable for Virginia small business owners. Factors that influence the cost include:

  • Type of business and its risks
  • Business operations and location
  • Number of employees
  • Types of insurance purchased
  • Policy limits and other coverage options
View Small Business Insurance Costs
What our customers are saying
Carousel prev arrow
"I had an urgent contractual requirement for insurance in December to pay before the end of the year. Holly Burton worked with The Hartford to send me an invoice around Christmas. I have saved hundreds in taxes."
Richard C.
Software / internet design
"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."
Michael D.
Programmer
"The response time was almost immediate. The options I was given were based on my company's needs. I received the policy in record time."
Esther L.
Management consultant
Carousel next arrow
Insureon customer reviews on Feefo

Find the right policies and get your certificate of insurance

Insureon's licensed agents can help you find policies that fulfill Virginia'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 Virginia, insurance agents, agencies, and brokers are licensed by the Virginia State Corporation Commission's Bureau of Insurance. Insureon is licensed in Virginia as BIN Insurance Holdings LLC (NPN 15752926) for property and casualty insurance and for surplus lines (license number 128394). You can verify our licensure with the Bureau of Insurance Agency Search by clicking on the "Agency" tab and entering our license number.

Compare VA business insurance quotes
Save money by comparing free quotes from top insurance carriers.
What kind of work do you do?