Kansas Business Insurance
Customized protection for your Kansas business
Kansas business owners should consider several types of business insurance to ensure their livelihood is protected. It’s a crucial part of running a business, as it can protect against several risks, from a customer slip and fall to an employee work injury.
Small businesses make up 99% of all businesses in Kansas and employ over 600,000 people, as reported by the US Small Business Administration (SBA). In order to protect these employees, Kansas state law mandates nearly every business with one or more employees to carry workers’ compensation insurance.
Luckily, finding the coverages your business needs is easy with the Progressive Advantage® Business Program. Whether it’s a Business Owners Policy (BOP) or Workers’ Compensation, our insurance experts can customize a quote to your Kansas small business needs.
Types of KS business insurance
This is the most common business insurance coverage and nearly all businesses in Kansas should have it. It protects against third-party bodily injury and property damage, as well as personal and advertising injury.
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.
Businesses in Kansas are required to carry workers’ compensation insurance if they have employees. Workers’ compensation insurance helps pay for expenses related to employees becoming injured or ill while working for you.
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.
Kansas 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).
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.
How much does business insurance cost in Kansas?
The cost of business insurance in Kansas depends on a variety of factors, from a business’s number of employees to its location. For example, a small business located in Overland Park will have a different cost to insure than one in located in Wichita.
One of the most important cost factors is your profession. You can expect to be rated on the risks that are unique to your industry. The higher your business risk, the more you can expect to pay for coverage. Some high-risk professions, like tree trimmers and general contractors, require a specialized policy called excess and surplus (E&S) insurance.
Kansas business insurance requirements
Workers’ compensation is the only type of business insurance required by Kansas law. Almost every business with employees is required to carry it, but there are a few exceptions. Employers with an annual payroll below $20,000, real estate agents who work as independent agents and certain agricultural workers are exempt from this requirement. It’s best to consult the Kansas Department of Labor if you’re unsure whether you need to carry workers’ compensation for your employees.
While other business coverages aren’t legally required in Kansas, you should consider carrying them to give you the peace of mind that your livelihood’s protected. It can help shoulder the burden of an accident or claim against your business.
Resources for Kansas small business owners:
Kansas professions we insure
We help small business owners from a wide variety of industries, including these common professions:
- Technology / IT specialists
- Cleaning services
- Massage therapists
- Real estate agents
- Retail shops
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 Kansas 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 Kansas cities
We can customize business insurance in all Kansas cities, including, but not limited to:
- Overland Park
- Kansas City
*No. 1 commercial auto insurer from SNL Financial’s 2019 national written premium data.