Rhode Island Business Insurance
Customized protection for your Rhode Island business
Rhode Island businesses should consider carrying business insurance to protect their livelihood from mishaps and accidents, such as a customer slip and fall or an employee injury. These incidents can lead to financial debts that might be difficult to overcome without it.
Rhode Island is home to over 100,000 small businesses that employ nearly 230,000 people, according to the U.S. Small Business Administration. These businesses are required to protect their employees with workers’ compensation insurance.
Luckily, finding the business insurance that matches your needs is easy with the Progressive Advantage® Business Program. Simply call us to speak with a licensed professional or start a quote online
Types of RI business insurance
How much does business insurance cost in Rhode Island?
The cost of business insurance in Rhode Island is different for each business. That’s because rates are determined by several factors, including business size, location and experience. For example, a brand new business located in Providence will have a different insurance cost than an established business located in Warwick.
Another important factor is the type of work your business does. Some professions are exposed to more risk than others. For example, a tree service is exposed to more risk than a landscaping company because their job is complex and requires working high off the ground. They can expect to pay more for coverage because of it.
Discover other factors that affect your business insurance rate.
Rhode Island business insurance requirements
Rhode Island legally requires businesses with employees to carry workers’ compensation insurance. While this applies to most businesses, there are a few exceptions. Sole proprietors and some domestic and agricultural workers are exempt, although their employers can still choose to carry workers’ compensation to protect them.
Visit the Rhode Island Department of Labor and Training website to learn more.
Other business insurance coverages, like general liability, aren’t legally required in Rhode Island, but you should still consider them. Call us or start a quote online to get a policy customized to your specific needs.
Resources for Rhode Island small business owners:
Rhode Island 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 Rhode Island cities
We can customize business insurance in all Rhode Island cities, including, but not limited to: