Choose The Hartford for Your Pennsylvania Business Insurance Needs
In Pennsylvania, 1.2 million small businesses call the state home and employ 2.5 million people.1 To keep these companies better protected, small business owners will need the right business insurance.
The Hartford has more than 200 years of insurance experience and understands the needs of small businesses. That’s why we’ve designed our insurance solutions to help protect small business owners from everyday challenges as well as unique industry risks.
Types of Pennsylvania Business Insurance We Offer
Insurance is an important part of running a successful small business. Every company faces unique challenges, so there’s no one-size-fits-all insurance policy. You may need different types of insurance coverage to help protect your Pennsylvania business from various risks and claims.
A Business Owner’s Policy (BOP) combines some of the most critical business insurance coverages your company needs into one convenient and cost-effective policy.
General liability insurance helps protect your Pennsylvania business from claims that it caused bodily injury or property damage to others.
Most state laws require you to carry this insurance to help compensate employees for expenses associated with work-related injuries or illnesses like medical bills, rehabilitation and lost wages.
Commercial auto insurance helps cover the cost of an auto accident if you or your employee is at fault. If you or your employees drive a vehicle for business reasons, having the right commercial vehicle insurance is important.
Business property insurance, also called commercial property insurance, helps protect your owned or rented building, tools and the equipment you use to operate your business.
Professional liability insurance helps protect your Pennsylvania business from claims that it made a mistake in the professional services given to customers.
What Insurance Is Required for Small Businesses in Pennsylvania?
If your small business has employees, Pennsylvania's workers’ compensation insurance law requires you to have coverage.2 Workers’ comp helps pay benefits to help your employees recover from work-related injuries or illnesses.
If you use a company-owned vehicle for work, you’ll also need commercial auto insurance that meets the minimum required coverage amounts:
- $15,000 per person per accident for bodily injury liability coverage
- $30,000 per accident for bodily injury liability coverage
- $5,000 per accident for property damage coverage
- $5,000 per accident for medical benefits coverage
Learn more about PA’s auto insurance requirements from the Pennsylvania Insurance Department.
Even if a type of insurance isn’t required in Pennsylvania, it may still be a good idea to have coverage. Without it, you’d have to pay out of pocket for expensive claims.
Who Needs Business Insurance in Pennsylvania?
Small businesses in various industries can benefit from having insurance coverage in Pennsylvania. Otherwise, your business may be impacted financially if a customer sues you. Some of the industries The Hartford can help protect include:
How Much Does Business Insurance Cost in Pennsylvania?
Depending on the coverage, our small business customers in Pennsylvania pay between $70 a month and $140 a month.**
How Much The Hartford’s Small Business Customers in Pennsylvania Pay for Insurance**
| Average Annual Premium | Average Monthly Premium | |
|---|---|---|
| General Liability Insurance | $840 | $70 |
| Business Owner’s Policy (BOP) | $1,680 | $140 |
| Workers’ Compensation Insurance | $1,007 | $84 |
Insurance costs in Pennsylvania vary because business owners have different needs. Insurers can use several factors to determine premiums, including:
- Location
- Type of business
- Number of employees
- Revenue
- Claims history
The best way to find out how much insurance will cost your business is to get a quote.
You Can Trust The Hartford
For over 200 years, The Hartford has supported businesses of all sizes, so you can count on us to help you find the protection you need. We’re proud to serve over 1 million small business owners, and we’ve been recognized as one of the world’s Most Ethical Companies® 16 times.16
Get a Quote for Pennsylvania Business Insurance
We know every small business has specific needs. Our specialists will work with you to understand your insurance needs and get you a business insurance quote that can help protect your Pennsylvania small business.
What Our Customers in Pennsylvania Are Saying
“They were very understanding and helped us get things fixed ASAP.”
Lisa, from Palmerton, Pennsylvania
“Upstairs apartment fire caused water damage to my office equipment. I reported the claim to The Hartford. … My claim was settled and I got my claim check in a few days.”
Tony, from Philadelphia, Pennsylvania
“I was helped right away with my claim, fast and easy experience!”
Raquel, from Philadelphia, Pennsylvania
“Very easy and efficient process. My claim adjuster was very positive and upbeat.”
William, from Erie, Pennsylvania
Frequently Asked Questions About Business Insurance in Pennsylvania
Why Do Small Businesses Need Insurance in Pennsylvania?
Small businesses need insurance in Pennsylvania because it can help protect them from common risks that can come up during normal operations. From a customer slip and fall to fire damage, these types of claims can be expensive. Without coverage, you’d have to pay for claims out of pocket.
Is an LLC Required To Have Business Insurance?
Many owners of a limited liability company (LLC) in Pennsylvania start with a Business Owner’s Policy (BOP) because it combines three types of coverage to help safeguard against claims of bodily injury and property damage. If you have employees, you should also have workers’ compensation insurance. And if you drive a company-owned vehicle for work, it’s a good idea to get commercial auto insurance to help cover claims from an accident that your employee caused.
How Do I Get Business Insurance in Pennsylvania?
The best way to get business insurance in Pennsylvania is to get a quote online. In just a few minutes, you can get a quote for the coverage you need to keep your business running smoothly.
** Costs, premiums, and coverages mentioned are estimates and are not guaranteed. Actual cost, premium, and coverage are determined at the time of quote or issue and are specific to an individual risk. Premiums are based on information provided to The Hartford, including, but not limited to, underwriting and rating criteria. All examples included on this website or in an advertisement are intended for informational purposes only and are not an offer or a guarantee of premium or coverage. Coverage and products described are subject to the terms and conditions found in the policy contract. Any educational information provided about available coverages does not modify the policy language or imply that any claim is covered. Products are not available in all states or for all businesses.
16 “World’s Most Ethical Companies” and “Ethisphere” names and marks are registered trademarks of Ethisphere LLC.
Additional disclosures below.