Does an LLC Need Insurance? Costs and Coverage 2026

Step 3: Choose Your Core Policy

Most LLCs start with general liability or a BOP. Add professional liability if your LLC provides advice, technology, or professional services. Add workers’ comp the moment you hire your first employee.

Step 4: Request Quotes From at Least Three Providers

Compare Next Insurance, The Hartford, and Hiscox as a baseline. If you need commercial auto, add Progressive. Use each provider’s online quoting tool for same-day results.

Step 5: Review, Bind, and File Proof of Coverage

Read your certificate of insurance (COI) carefully for exclusions before signing. Provide your COI to clients, landlords, and lenders as required. Store a digital copy and set a renewal reminder 60 days before expiry.

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