Iowa Business Insurance

Customized protection for your Iowa business

Iowa small business owners should consider protecting their livelihoods with a business insurance policy, as it can help shoulder the financial stress of an accident or mishap at work.

With over 272,000 in Iowa, per the US Small Business Administration, small businesses employ 48% of the state’s workforce. These businesses are required to protect their employees with workers’ compensation insurance.

Finding business insurance that fits your needs is simple with the Progressive Advantage® Business Program. Our insurance experts can help you customize a policy whether you need general liability, a BOP, workers’ compensation or a combination of coverages.

Types of IA business insurance

General Liability

This is the most common business insurance coverage and nearly all businesses in Iowa should have it. It protects against third-party bodily injury and property damage, as well as personal and advertising injury.

More info

Commercial Auto

This coverage protects against damage to your vehicles and trailers, as well as injuries or property damage related to their use. Your personal auto policy doesn’t cover vehicles while they’re being used for business reasons.

More info

Workers' Compensation

Businesses in Iowa are required to have workers’ comp insurance if they have one or more employees. Workers’ compensation insurance helps pay for expenses related to employees becoming injured or ill while working for you.

More info

Business Owners Policy (BOP)

A BOP combines property and liability coverage into one easy-to-manage policy. It’s a great option for small to medium-sized businesses that rent or own commercial property such as a storefront, warehouse or office building.

More info

Professional Liability

Iowa businesses that offer professional services should consider this coverage. It protects businesses from claims of professional negligence, both actual or alleged, and helps pay for defense costs. It’s also known as errors and omissions insurance (E&O).

More info

Cyber Insurance

This protects against incidents like data breaches and cyber attacks. It includes first-party and third-party protection for things like investigative services, data recovery and legal costs. Businesses that store or manage customer data, like credit card information, typically need this coverage.

More info

Browse for Iowa business insurance by your profession.

How much does business insurance cost in Iowa?

The cost of business insurance in Iowa is dependent on many factors including a business’s size, location and experience. For example, a business with ten employees in Ames can expect a different premium than one with four employees in Des Moines.

The most important cost factor, however, is the type of work your business does. This is because some professions are exposed to more risk than others. For example, a window washer that scales the outside of tall buildings is exposed to more risk than a house cleaner that only works from the interior of buildings. In this situation, the window washer can expect to pay a higher rate.

Learn more about the factors that influence your business insurance rate.

Iowa business insurance requirements

Workers’ compensation insurance is required for nearly all Iowa businesses with employees. Members of an LLC, domestic employees that make less than $1,500 during the 12 months prior to the injury and agricultural exchange workers are exempt from the requirement.

View Iowa’s Workers’ Compensation Guide for more information.

Resources for Iowa small business owners:

Iowa 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?

Options – We can help you secure coverage at any stage of your business’s development with the flexibility to adjust your policy as your business changes. Our agents will work with you to make sure you’re getting protection that meets both your needs and budget.

Experts – As the #1 Commercial Auto Insurer in America*, you can trust us with all your business insurance needs. Our team of specially trained, in-house agents can assist you every step of the way to make sure you’re getting the best coverage for your business.

Convenience – There are several ways to get a quote whether you need a single Iowa policy or a combination of business insurance coverages. Simply start a quote online or call us to speak with an agent.

Business insurance for all Iowa cities

We can customize business insurance in all Iowa cities, including, but not limited to:

  • Des Moines
  • Cedar Rapids
  • Davenport
  • Sioux City
  • Iowa City
  • West Des Moines
  • Ankeny
  • Waterloo
  • Ames
  • Council Bluffs

More information

*No. 1 commercial auto insurer from SNL Financial’s 2019 national written premium data.