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.
According to the U.S. Small Business Administration, Iowa’s over 272,000 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 if you need general liability, a BOP, workers’ compensation or a combination of coverages.
Types of IA business insurance
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. Exemptions include members of an LLC, domestic employees who made less than $1,500 in the year before the injury and agricultural exchange workers.
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.
Business insurance for all Iowa cities
We can customize business insurance in all Iowa cities, including, but not limited to: