Wyoming Business Insurance
Customized protection for your Wyoming business
Wyoming business owners should consider carrying business insurance to protect their livelihood from a variety of accidents involving their business, including an employee injury on the job, a customer slip and fall, or a client claim of professional negligence.
Small businesses in Wyoming collectively employ over 128,000 employees, which accounts for 63.8% of the state’s workforce, as reported by the U.S. Small Business Administration (SBA). Those businesses are required by Wyoming law to carry workers’ compensation insurance to protect their employees.
Getting the proper coverage is simple, thanks to the Progressive Advantage® Business Program. Call us or start a quote online to get a customized policy that matches your business.
Types of WY business insurance
How much does business insurance cost in Wyoming?
The cost of business insurance in Wyoming depends on a variety of factors, including your business’s size, location and experience. For example, a business in Cheyenne that’s been around for decades will have a different rate than one in Laramie that’s been in business for two years.
Another important factor is the type of work that you do. Some types of work are exposed to more risk than others and often require specialized coverage that is typically more expensive. For example, a tree trimmer who works high above the ground is exposed to more risk than a landscaper who mainly works at ground level. In this situation, the tree trimmer can expect to pay more for coverage.
Wyoming business insurance requirements
Wyoming law requires all businesses with employees to carry workers’ compensation insurance, although there are a few exceptions.
Employees of the federal government, private duty nurses working for a private party and independent contractors are a few of the many professions that don’t require their employer to carry workers’ compensation. These employers have the option to purchase coverage, should they choose to.
Private insurers are prohibited from selling workers’ comp in Wyoming. This means businesses who need coverage can only purchase it directly through the state’s insurance fund. Visit the Wyoming Department of Workforce Services for more information or to purchase coverage.
Resources for Wyoming small business owners:
Wyoming 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 Wyoming cities
We can customize business insurance in all Wyoming cities, including, but not limited to: