Because workplace accidents happen all the time, it's critical that small business owners are protected by the right coverage and not left vulnerable to expensive claims. Not only does this mean having business insurance, but having the correct type of insurance designed specifically for a small business. Having a policy that caters to the unique needs of a small business rather than a large corporation is key for getting your claims covered.
We researched on the best small business insurance companies of 2025 to select our favorites. To find out who offers the best insurance for small businesses, read on to see our picks.
Top 5 Small Business Insurance Companies of 2025
We worked hard to narrow down our categories for the best small business insurance companies, including the overall best insurance for small businesses and more. These carriers are all the best business insurance companies in their respective categories. Check out our list of where to find the best 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 finding the best insurance for small business owners is to dial in the right amount of insurance to cover the risks associated with your industry. We recommend looking at factors such as:
Your business type. Your industry has certain risks that are associated with it and you’ll need to buy the appropriate coverage types for those risks. For example, if you are an accountant who gives tax advice, you’ll want to buy professional liability insurance.
The size of your business. As your business grows, you may need to increase coverage such as your liability limits. If you want to add an extra layer of protection, we recommend buying a commercial umbrella insurance policy.
Your business location. You may need certain types of small business insurance required by law, depending on your city or state.
Contractual requirements. Your client may require coverage such as general liability insurance, professional liability insurance or a surety bond.