Missouri Business Insurance
Customized protection for your Missouri business
As a Missouri business owner, you should consider carrying business insurance to protect your livelihood from the financial burden that often results from a wide range of accidents and mishaps. Customer slips and falls and employee injury are a few of the many incidents that can disrupt your operations and threaten your business assets.
Small businesses account for over 99% of all Missouri businesses and employ over 1.2 million people, per the U.S. Small Business Administration (SBA), which makes them an integral part of the state’s economy. Businesses with five or more employees are required by state law to carry workers’ compensation insurance.
Getting customized business insurance for your Missouri business is simple with the Progressive Advantage® Business Program. If you need workers’ comp, general liability or a business owners policy (BOP), we’ll set you up with coverage that meets your needs.
Types of MO business insurance
How much does business insurance cost in Missouri?
The cost of business insurance in Missouri is based on a variety of factors, including your business’s coverage needs, location and number of employees. For example, a business based in the Ozarks with 15 employees will have a different cost than one in Kansas City with five employees.
Another cost factor is the level of risk associated with the type of work that’s done. Businesses that are exposed to more risk should expect to pay more for insurance than those that are exposed to less. For example, a tree trimmer whose work is mostly done high off the ground is exposed to more risk than a landscaper who only works at ground level. The tree trimmer can therefore expect to pay more for coverage.
Learn more about the factors that affect your business insurance rate.
Missouri business insurance requirements
Workers’ compensation insurance is required by Missouri businesses that have five or more employees. Additionally, general contractors could be responsible for providing workers’ comp to any subcontractors they hire if the subcontractor doesn’t have their own policy.
While workers’ comp is the only business insurance coverage required by law, it’s a good idea to consider other types of protection for your business. You might find that many business partners will require that you have general liability insurance as part of their business contracts.
Discover more about Missouri’s workers’ compensation requirements.
Resources for Missouri small business owners:
Missouri 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 Missouri cities
We can customize business insurance in all Missouri cities, including, but not limited to: