Simply Business homepage
Call Us(844) 654-7272
Get a QuoteSign In

Is Business Insurance A Legal Requirement?

What is your trade/profession?
Get Your Quote

In the US, business insurance legal requirements vary by state, so it’s worth checking to see what your particular state requires. Even if business insurance isn’t a requirement in your state, it’s a good idea to have insurance coverage to help protect your personal finances in case a customer files a claim against you for alleged damages or negligence.

Here are some more examples of how business insurance can help:

Recruiting and Keeping Talent

People want to work for a company that is insured so they feel protected; it also shows that you take your business seriously. Plus, if your employees get injured on the job or end up causing damage to a client’s property, they become a major liability for your small business. You never know what kind of claims could be filed against your business due to your employees’ work.

Finding Office Space

If you are renting office space, many landlords may require you to have some type of insurance coverage. Having this coverage can help make the owner of the building feel more confident that if anything gets damaged, your insurance policy could cover it.

Getting More Customers

Your business could actually grow by getting more clients if you are insured -- especially if you are a handyman, landscaper, or run any other business where you work on a clients’ property. It shows that you take your business seriously, plus it gives your customers the peace of mind they need to hire you for larger or more expensive projects.

Want to know more about business insurance? Check out:

Is Your Business Insured?

Whether you’re shopping for a brand-new policy or comparing policy prices, we can help you find affordable protection that’s personalized to your needs. Start your quote here!

Start your quote
Business Insurance
Is Business Insurance A Legal Requirement?


Business InsuranceGeneral Liability InsuranceWorkers Compensation InsuranceProfessional Liability InsuranceErrors & Omissions InsuranceSole Proprietors Workers CompensationCyber InsuranceSelf-Employed Insurance


Contractors InsuranceCleaners InsuranceE-commerce InsuranceHandyman InsuranceHome Improvement Contractor InsuranceLandscaping InsuranceLawn Care InsurancePhotographers Insurance


About usContact UsCareersSite MapInsurance Providers


General BusinessProtect Your BusinessStart Your Business


Simply Business1 Beacon Street, 15th FloorBoston, MA02108


Terms & ConditionsPrivacy PolicyPrivacy Notice for CA ResidentsResponsible Disclosure PolicyDo Not Sell or Share My Personal Information (CA Residents)

*Harborway Insurance policies are underwritten by Spinnaker Insurance Company and reinsured by Munich Re, an A+ (Superior) rated insurance carrier by AM Best. Harborway Insurance is a brand name of Harborway Insurance Agency, LLC, a licensed insurance producer in all 50 states and the District of Columbia. California license #6004217.

© Copyright 2024 Simply Business. All Rights Reserved. Simply Business, LLC is a licensed insurance producer in all U.S. States and the District of Columbia. Simply Business has its registered office at Simply Business, 1 Beacon Street, 15th Floor, Boston, MA, 02108. In California, we operate under the name Simply Business Insurance Agency, LLC, License #0M20593. In Colorado, we operate under the name Simply Business, LLC DBA Simply Business Insurance Agency. In New York, we operate under the name Simply Business Insurance Agency. In Pennsylvania, we operate under the name Simply Business Insurance Agency, LLC. In Texas, we operate under the name, U.S. Simply Business, LLC. For more information, please refer to our Privacy Policy and Terms & Conditions.