Connecticut Business Insurance
Customized protection for your Connecticut business
Connecticut small business owners should consider several types of business insurance to protect against a variety of incidents, including commercial vehicle accidents, employee injury and business property damage. These situations can lead to expensive lawsuits and recovery costs that can be difficult to handle without adequate insurance.
Small businesses in Connecticut employ over 48% of the state’s workforce, according to the U.S. Small Business Administration (SBA), which makes them important contributors to the state’s economy. These businesses are required by Connecticut state law to carry workers’ compensation insurance to protect their employees if they become injured or ill while on the job.
Shop for workers’ compensation, general liability and more through the Progressive Advantage® Business Program. Our team of licensed professionals can get you started with a quote customized to your Connecticut business.
Types of CT business insurance
How much does business insurance cost in Connecticut?
A variety of factors influence the cost of your Connecticut business insurance policy, including your business’s location, size and industry. For example, a plumber who’s a sole proprietor located in Bristol can expect a different rate than a plumbing business in New Haven that has five plumbers on staff.
Additionally, the type of business you specialize in matters when determining your rate, as some professions are exposed to more risk than others. For example, a landscaper that specializes in lawn care and maintenance is exposed to far less risk than a tree trimmer, and can therefore expect to pay less for coverage.
Connecticut business insurance requirements
Connecticut businesses with one or more employees are required to carry workers’ compensation insurance, with a few exceptions. Household workers that work less than 25 hours per week, sole proprietors and members of an LLC are exempt from this requirement.
Learn more about workers’ comp laws and exemptions in Connecticut from the Connecticut Workers’ Compensation Board.
While workers’ compensation is the only type of business insurance mandated by Connecticut law, it’s a good idea to consider additional coverages, like general liability or a BOP. Protecting your livelihood with adequate business insurance can help you better manage the financial setbacks an unexpected accident can have on your business.
Resources for Connecticut small business owners:
Connecticut 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.
Why choose Progressive?
Business insurance for all Connecticut cities
We can customize business insurance in all Connecticut cities, including, but not limited to: