Kentucky Business Insurance
Customized protection for your Kentucky business
Small businesses in Kentucky should consider carrying business insurance to protect from the financial stresses that can result from a variety of accidents involving your business, including a customer slip and fall or an employee injury.
There are 356,000 small businesses in Kentucky that employ over 710,000 people, making them an important part of the state’s communities and economy. These businesses are required by state law to protect their employees with workers’ compensation insurance.
Getting customized business insurance is simple with the Progressive Advantage® Business Program. Our insurance experts can help set up a policy to properly protect your livelihood.
Types of KY business insurance
How much does business insurance cost in Kentucky?
The cost of business insurance in Kentucky is dependent on a variety of factors, such as your business’s size, location and specialization. For example, a business in Lexington with three part-time employees will have a different rate than one in Louisville with ten full-time employees.
The most important of these factors is the type of business you specialize in. For example, a landscaper who only does work at ground level is exposed to less risk than a tree trimmer who works high off the ground. These differences mean that the landscaper can expect a lower insurance cost.
Learn more about how business insurance rates are determined.
Kentucky business insurance requirements
Workers’ compensation insurance is required for Kentucky businesses that have one or more employees. While this applies to most businesses, there are a few exceptions. Agricultural employees and some domestic workers in a private home aren’t required to be protected under a workers’ comp policy. For more information on Kentucky’s workers’ compensation requirements, visit the Commonwealth of Kentucky’s Labor site.
While additional business insurance coverages aren’t required by law, it’s a good idea to consider them to protect your business. An unexpected incident might be difficult to handle without adequate insurance coverage.
Resources for Kentucky small business owners:
Kentucky 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 Kentucky cities
We can customize business insurance in all Kentucky cities, including, but not limited to: