How to get business insurance online

Whatever the size of your business, insurance can provide a measure of security. For small businesses, the right policy offers financial — and even company-saving — protection in the event of disaster or claims against your organization.

What is the best way of getting insurance for your small business? A good place to start is with an online quote.

Business insurance online quote tools and options

Many insurers offer simple tools to help get your small business insurance quote online — including Chubb Small Business.

These online forms require some basic information about your business — such as location, type of industry, number of employees, etc. and then return information on an insurance quote or further steps you need to take.

Note that certain types of businesses have specific liabilities that may not be included in some online quote tools. A qualified insurance agent can give you a quote for a more customized policy. 

How long does it take to get a business insurance quote online?

Getting a basic insurance quote from an online tool will often take only a few minutes.

Of course, after getting a general quote, you may want to take advantage of the knowledge and expertise of an insurance agent for a policy that’s fully customized to your business needs, which may require a phone call and will take longer.

Business insurance quote FAQs

• Can I get business insurance online?
  You can begin the process of obtaining a small business policy with an online quote. How you proceed to purchasing a policy from there depends on the complexity of your needs and your preference.

• Is it safe to get insurance quotes online?
  If you are dealing with a reputable insurance company, getting a quote online is as safe as any other online transaction.

• Should I choose an insurer from an online quote?
  While commercial insurance online quotes give you some top-line information, they won’t tell the whole story. Do your research and select an insurance partner with proven financial strength and underwriting expertise in your industry class. 

Basic business insurance – the BOP

Most commercial insurance quotes available online will offer pricing for a Business Owner’s Policy, often referred to as a BOP.

The BOP combines two types of coverage:

• General liability, which protects against claims typically made by small business customers (from property damage to personal injury).
• Commercial property, which covers physical damage to spaces or equipment (for example, from wind or fire.)

Additional types of insurance—such as workers compensation and commercial auto insurance—are required in many states. Certain businesses may have more specialized insurance needs (for example, liquor liability insurance for bars). In addition, banks and other lenders may require proof insurance as a prerequisite for loaning money to a business.

Regulations vary from state to state; check with your insurance representative about the specific coverages applicable to your business.