
Contractor Insurance: Best Companies, Cost and Coverage
Contractor insurance can protect your business in case of lawsuits and other claims. It’s usually a package of policies.

Contractor insurance can protect your business in case of lawsuits and other claims. It’s usually a package of policies.

Relay packs expense tracking, bill pay and invoicing into its free plan. Competitors offer similar tools, but few bundle them all at no cost.

Bank of America offers several types of business loans, low interest rates and rewards for Preferred members. But only established businesses can qualify, and you’ll need to apply for most of the bank’s loans in person or by phone.

Sole proprietors and freelancers can use a business credit card to earn rewards, bridge cash flow gaps and finance larger purchases. Plus, they can help you establish and build your business credit history.

Startup business lines of credit can help new companies manage cash flow or cover short-term expenses. Interest rates may run high, however.

The best business bank account depends on your company’s size and maturity. A business checking account should be your first step. Add more accounts, like for business savings, as you grow.

A state-by-state summary of which businesses need workers’ compensation insurance for which employees.

Business personal property insurance covers items your business owns. It's part of a property insurance policy or BOP.

Most small businesses don’t need a broker for a business loan, but one may help with first-time or specialized financing. Watch out for broker fees and predatory practices.

An additional insured endorsement expands your coverage to someone else who might be held liable for your work.