Best Small-Business Insurance 2024: Compare Companies and Coverage

Simple online shopping experience that most businesses can likely complete in a few minutes.

BOP includes business interruption and extra expense coverage.

Received fewer commercial property insurance complaints to state regulators than expected for a company of its size.

If you have more than $2 million in annual revenue, you'll need to talk with an agent or shop elsewhere.

Up to 10% discount if you buy more than one policy.

Provides a digital certificate of insurance that you can share with anyone who needs it.

Received fewer commercial property and commercial auto insurance complaints to state regulators than expected for a company of its size.

Can’t file claims over the phone, only online.

Fewer than expected commercial auto insurance complaints filed with state regulators between 2018 and 2021 based on its market share — which is the largest by a wide margin, according to the Insurance Information Institute.

Specialized insurance products for truckers, including owner-operators, motor carriers and driver carriers.

Commercial auto insurance includes roadside assistance, including the cost of towing.

Other types of coverage are written by different insurance companies, which means you’ll have to work with those companies (not Progressive) to file claims.

You’ll have to contact a customer support agent to get a copy of your COI or add an additional insured.

Policies available one job, month or year at a time.

Policyholders can access their COI online and add an additional insured anytime. If you manage contractors, you can use Thimble’s Certificate Manager tool to ensure that everyone has compliant coverage.

Thimble’s unique “event insurance” policies include liquor liability and general liability coverage.

For customer support, you’ll have to submit a ticket online. There’s no phone-based assistance.

Thimble sells policies underwritten by other insurance companies, which means you’ll have to work with those companies (not Thimble) to file claims.

Commercial auto insurance isn’t available.

Available to tack onto a BOP: data breach, professional liability, workers’ comp, commercial auto and business income for off-premises utility service coverage.

You can file claims online or over the phone, then track your claims online.

Wide variety of coverage types available, all underwritten by The Hartford or its subsidiaries, so most customers won’t have to juggle multiple claims processes.

State regulators received more complaints about The Hartford’s general liability and commercial property coverage than would be expected for a company of its size.

You’ll have to request a copy of your COI online and wait for it to be emailed to you.

Offers many types of commercial insurance, including specialized coverage like key person insurance and surety bonds.

You can access your certificate of insurance and track your claims through an online portal.

Received fewer commercial property insurance complaints and far fewer commercial auto insurance complaints to state regulators than expected for a company of its size.

You can’t get a quote or purchase a policy online.

Nationwide was the top-rated insurer for customer satisfaction in J.D. Power’s 2023 Small Commercial Insurance Study.

Wide variety of coverage types, including specialty products like surety bonds.

Nationwide also offers other business financial services, like employee retirement plans and a high-yield business savings account.

You can get a quote but not purchase a policy online.