Montana Business Insurance
Customized protection for your Montana business
Montana business owners should consider carrying business insurance to help protect their livelihood against a variety of financially taxing incidents, including a client claiming professional negligence and a customer slipping and falling on a shop floor.
According to the U.S. Small Business Administration (SBA), Montana is home to over 120,000 small businesses that employ nearly a quarter million people. Montana state law requires these employees to be protected by workers’ compensation insurance provided by their employers.
Types of MT business insurance
How much does business insurance cost in Montana?
The cost of business insurance in Montana is based on several factors, including a business’s number of employees, years of experience and location. For example, a small business in Billings with three employees will have a different insurance rate than one in Great Falls with ten employees.
One of the most crucial cost factors is the type of work a business does, since some occupations are exposed to more risk than others. For example, a tree trimmer who works high above the ground has more risk than a landscaper who only works at ground level.
Learn more about the factors that affect your business insurance rate.
Montana business insurance requirements
Montana businesses are required by law to carry workers’ compensation insurance to protect their employees from accidents that can happen on the job. This includes full-time, part-time and seasonal employees.
There are a few exceptions to this law. Household or domestic workers, amateur athletic officials and church ministers are just a few of the professions that don’t require coverage under this provision. Learn more about Montana’s workers compensation requirements.
While workers’ comp is the only coverage required by law, carrying additional coverages, like general liability, can help protect against a variety of common business risks. Start a free online quote or call us to speak with a licensed professional today.
Resources for Montana small business owners:
Montana 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 Montana cities
We can customize business insurance in all Montana cities, including, but not limited to: