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How much should I budget for business insurance?
There is no easier answer, it all depends on the type and size of your business, but many small businesses pay around $900 per year.
Commercial insurance options can become overwhelming for business owners. There are multiple types of insurance that you may need or want to help protect your company and staff from risk.
Compass Insurance of Lansing, MI is here to help you navigate the complicated world of business insurance and advise you on what policies would be best for your specific needs.
Here are some of the types of business insurance we can include in your quotes…
Get Comprehensive Business Insurance Quotes with Better Coverage & Service
BOP Insurance in Lansing, Michigan
Business Owner Insurance (BOP) is also known as business liability & property damage insurance. It’s essentially a bundle of policies that covers your company’s physical and financial assets. Save on average $761/year when you bundle.
General Liability Insurance
General liability insurance protects you in the event of someone suing your business for injury or physical accident to someone, property damage to a person’s belongings, and libel or slander. Get a quote on this today and save on average $946/year.
Professional Liability Insurance
Professional liability insurance will cover you in the event that there was a fault or mistake made by your business when providing services or products to your client or customer. This is also sometimes referred to as errors and omissions insurance. Get quoted and protected today.
Commercial Auto Insurance
If your business has vehicles on the road, commercial auto insurance will help you keep both your assets (the vehicles) and your employees safe. Protecting your company-owned vehicles covers you in the event of damage to the vehicle or injury to one of your employees should there be an accident. Our quotes save you on average $872/year.
Find The Business Insurance You Need For The Right Price
Getting the right insurance is important if you are a new business owner or have had established operations for decades.
For new companies, having the right insurance from day one sets you up with a good foundation from the moment you open your doors.
For established businesses, reviewing cover is important to ensure that your new needs are met as your business grows and changes.
Compass Insurance is an established agency with the experience and expertise to support all kinds of business owners and commercial needs. Our team of brokers will work with you to quote the right policy for your company without sacrificing coverage or service.
Your Partner in Protecting Your Business
We are here to be your partner in protecting your business. We are experts in problem-solving and navigating the complicated world of commercial insurance. We strive to provide the best service possible to local Lansing businesses and provide personalized services to each of our clients.
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Serving You Better