Because workplace accidents occur often, it is vital that small business owners have adequate coverage and are not exposed to costly claims. This entails not only having company insurance, but also having the appropriate form of insurance developed exclusively for small businesses. Having a coverage that is tailored to the specific demands of a small business rather than a large organization is critical for getting your claims paid.
We studied the best small business insurance companies of 2025 and chose our choices. Continue reading to view our recommendations for the best small business insurance providers.Top 5 Small Business Insurance Companies of 2025
We worked hard to narrow down our selection of the finest small business insurance firms, including the overall best insurance for small businesses and more. These carriers are all among the best business insurance providers in their respective areas. Check out our list of where to get the finest small business insurance.
Allianz
Pros
Allianz’s Crisis Management team helps businesses navigate terrorism, political violence and hostile environments
Recognized as a Sustainable Insurer by the Dow Jones Sustainability Index in 2024 because of its work to integrate sustainability and climate actions into its global business
Cons
Does not offer small business insurance quotes online
Does not offer online claims filing, but you can send completed claim forms by email
Coverage Details
Allianz offers small business insurance coverage types such as:
General liability insurance
Commercial property insurance
Cargo insurance
Cyber insurance
Inland marine insurance
Cincinnati Insurance
Pros
The CinciPlus package combines expanded coverage types at a cost savings from buying them separately. Cincinnati Insurance also offers CinciPak, which bundles coverage geared toward business types such as retail stores
Complimentary loss control services can help you identify and manage workplace accidents, injuries and other problems
Cons
Not available nationwide
Does not offer online business insurance quotes
Coverage details
Cincinnati Insurance offers small business insurance such as:
General liability insurance
Commercial property insurance
Commercial auto insurance
Commercial umbrella insurance
Crime insurance
Cyber risk insurance
Excess and surplus insurance
Inland marine insurance
Management liability insurance
Professional liability insurance
Surety bonds
Workers’ compensation insurance
Chubb
Pros
Chubb offers insurance for operations such as cultural institutions, food services, healthcare, manufacturers, retail stores and technology
Small business owners may want to check out Chubb’s Business Owners Policy (BOP), which provides a blanket limit for property coverage, so you have flexibility in where to spend a claim payment after a loss
Chubb’s BOP can be customized with coverage types such as flood insurance, electronic data liability, equipment breakdown, professional liability and other valuable protection
Offers online business insurance claims filing
Cons
Only offers online business insurance quotes for businesses with a current or projected annual gross revenue of $2 million or less
Coverage Details
Chubb offers small business insurance coverage such as:
Business owners policy
Cyber liability insurance
Professional liability insurance
Foreign package insurance for business owners with business overseas
Workers’ compensation insurance
Acuity
Pros
Offers online business insurance quotes
You can file a business insurance claim online
Offers full building replacement cost to reconstruct your business if it’s destroyed due to a problem covered by your policy, such as a fire
Cons
Has a slightly higher complaint level than some top competitors, but complaints are low
Coverage Details
Acuity offers small business insurance coverage such as:
Business owners policy
Commercial auto insurance
Crime insurance
Cyber insurance
Equipment breakdown insurance
Excess liability insurance
Inland marine insurance
Liability insurance
Property insurance
Workers’ compensation insurance
The Hartford
Pros
Offers online business insurance quotes
Offers multinational insurance for coverage in more than 220 countries for U.S.-based small businesses that have locations outside the country
Offers home-based business insurance if you run a business from home
You can file business insurance claims online
Cons
Complaint level for commercial property insurance is higher than some top competitors, but still below average
Coverage Details
The Hartford offers small business insurance coverage types such as:
Business owners policy (BOP)
General liability insurance
Commercial property insurance
Business interruption insurance
Commercial auto insurance
Commercial flood insurance
Commercial umbrella insurance
Data breach insurance
Employment practices liability insurance
Home-based business insurance
Inland marine insurance
Management liability insurance
Multinational insurance
Professional liability insurance
Surety bonds
Workers’ compensation insurance
Travelers
Pros
Offers TravPay, a pay-as-you-go workers’ compensation system that links your payroll directly to workers’ comp premiums, so you don’t have to guess the amount of annual payroll to use for coverage
Travelers’ TravComp is a workers’ compensation claims system that includes a dedicated return-to-work team of nurses and claims professionals with the goal of getting employees back to work quickly
A variety of online services includes bills and payment histories, certificates of insurance and checking the status of claims
Cons
Does not offer online business insurance quotes—you will need to contact an agent
Coverage Details
Travelers offers small business insurance coverage such as:
Business owners policy (BOP)
General liability insurance
Commercial property insurance
Commercial auto and trucking insurance
Commercial umbrella insurance
Cyber liability insurance
Employment practices liability insurance
Equipment breakdown insurance
Professional liability insurance
Workers’ compensation insurance
How Much Small Business Insurance Coverage Do I Need?
The key to obtaining the finest insurance for small business owners is to determine the appropriate level of coverage for the risks connected with your sector. We propose considering things such as:
Your business type. Your industry has certain hazards connected with it, and you must purchase the right coverage types to address those risks. For example, if you are an accountant who provides tax advise, you need obtain professional liability insurance.
The size of your business. As your firm grows, you may need to increase insurance liability limits. If you want to add an extra layer of security, consider purchasing a commercial umbrella insurance coverage.
Your business location. Depending on your city or state, you may be required to carry specific forms of small business insurance.
Contract requirements. Your client may need coverage like general liability insurance, professional liability insurance, or a surety bond.