Arkansas Business Insurance
Customized protection for your Arkansas business
Businesses in Arkansas should consider carrying business insurance to protect from lawsuits and financial setbacks that often result from workplace accidents.
There are over 255,000 small businesses in Arkansas that make up over 99% of all businesses in the state. These businesses collectively employ over 490,000 people and are required to carry workers’ compensation insurance if they have three or more employees.
Finding business insurance for your Arkansas business is easy with the Progressive Advantage® Business Program. Our insurance experts can help you secure the coverages you need to feel confident that your livelihood is protected.
Types of AR business insurance
How much does business insurance cost in Arkansas?
The cost of business insurance in Arkansas is based on many factors, like your business’s age, location and size. For example, a business located in Fayetteville with four employees can expect a different premium than one located in Little Rock with fifteen employees.
Another important factor is the specialty of your business. Some professions are exposed to more risk than others, which causes their rates to differ. For example, a tree trimmer who routinely works above ground level is exposed to more risk than a landscaper who only works at ground level and can expect to pay a higher rate because of it.
Arkansas business insurance requirements
Arkansas legally requires businesses with three or more employees to carry workers’ compensation insurance. Employers with less than three employees might require coverage depending on their situation and should check with the Arkansas Workers’ Compensation Commission to find out if they’re exempt.
While workers’ compensation is the only business insurance coverage required by state law, you should consider carrying additional coverages. Having the right protection can help minimize the financial challenges that can result from an accident involving your business.
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Resources for Arkansas small business owners:
Arkansas professions we insure
We help small business owners from a wide variety of industries, including these common professions:
Browse more examples of professions we insure.
Business insurance for all Arkansas cities
We can customize business insurance in all Arkansas cities, including, but not limited to: