Choosing the right business insurance provider in 2025 is more important than ever. Whether you’re running a small business, startup, or expanding enterprise, the right coverage protects your operations from financial risk. From liability claims to property damage and cyber threats, having a reliable insurer by your side is essential.
In this guide, we’ll explore the best business insurance providers in the USA, compare their features, and help you decide which one suits your company’s needs best.
Why Business Insurance is Essential in 2025
Business insurance helps safeguard your company against a variety of risks. A comprehensive business owner’s policy (BOP) or specialized general liability insurance can be the difference between recovery and financial ruin after an incident.
With rising litigation, inflation, and cybersecurity risks, having the right provider is critical for fast claims service, risk management, and financial stability.
Top Business Insurance Providers in the USA (2025)
The Hartford
The Hartford is consistently ranked among the top business insurance providers in the USA. It offers a full range of coverage including BOPs, general liability, workers’ compensation, commercial auto, and professional liability.
- Ideal for: Small to mid-sized businesses seeking customizable plans
- Highlight: Offers strong digital tools and bundled policy options
Visit: The Hartford
Hiscox
Hiscox focuses on independent professionals, consultants, and small businesses. They specialize in professional liability, general liability, and cyber insurance for low-risk businesses.
- Ideal for: Freelancers, startups, and home-based businesses
- Highlight: Monthly plans, instant online quotes, and global coverage options
Visit: Hiscox USA
Next Insurance
Next Insurance is a fully digital insurer designed specifically for small businesses. With affordable monthly premiums and fast policy issuance, it’s a popular option for online-savvy entrepreneurs.
- Ideal for: Startups, contractors, and solo entrepreneurs
- Highlight: Transparent pricing and instant certificate issuance
Visit: Next Insurance
Travelers
Travelers is known for its wide coverage options and robust risk control services. It provides custom solutions for various industries, including retail, construction, healthcare, and manufacturing.
- Ideal for: Businesses needing specialized risk management
- Highlight: Strong financial rating and comprehensive umbrella coverage
Visit: Travelers Insurance
Progressive Commercial
Progressive is a leader in commercial auto insurance, but also offers general liability, BOPs, and workers’ compensation. Its flexible policies are suitable for contractors and transportation businesses.
- Ideal for: Businesses with a commercial vehicle fleet
- Highlight: Great bundle discounts and roadside assistance options
Visit: Progressive Commercial
State Farm
State Farm is one of the largest insurers in the US, offering a broad array of business policies through a network of local agents. They are known for excellent customer service and in-person consultations.
- Ideal for: Business owners seeking personal, agent-driven service
- Highlight: Nationwide presence and strong claims support
Visit: State Farm
CNA Insurance
CNA is best known for its professional liability and errors and omissions (E&O) insurance. They offer specialized solutions for industries like law, tech, and finance.
- Ideal for: Professional service firms and consultants
- Highlight: Custom risk assessment tools
Visit: CNA Insurance
Chubb
Chubb provides high-limit policies and is ideal for fast-growing businesses or those needing international coverage. Their services are ideal for mid-size to large companies.
- Ideal for: Firms requiring customized or high-risk coverage
- Highlight: Exceptional claims satisfaction and global presence
Visit: Chubb Business Insurance
AmTrust Financial
AmTrust offers targeted policies for small businesses in retail, hospitality, and healthcare. They are a go-to choice for workers’ compensation and BOPs.
- Ideal for: Restaurants, retail stores, and healthcare practices
- Highlight: Industry-specific policy options
Visit: AmTrust
Thimble
Thimble allows business owners to purchase coverage by the hour, day, or month. It’s perfect for event-based work or part-time contractors.
- Ideal for: Freelancers and gig workers
- Highlight: Flexible, pay-as-you-go coverage
Visit: Thimble
What Types of Business Insurance Should You Consider?
Before choosing a provider, understand what types of insurance are essential:
- General Liability Insurance – Covers bodily injury, property damage, and legal defense
- Business Owner’s Policy (BOP) – Bundles liability, property, and loss of income
- Workers’ Compensation Insurance – Required by law in most states if you have employees
- Professional Liability (E&O) – For consultants, lawyers, accountants, and tech professionals
- Cyber Liability Insurance – Protects against data breaches and cyberattacks
- Commercial Auto Insurance – For vehicles used in business operations
How to Choose the Right Business Insurance Provider
- Identify your business risks – Do you have employees? Do you own equipment or vehicles? Are you exposed to cyber threats?
- Set a budget – Know what you can afford, but don’t compromise on coverage essentials.
- Compare multiple quotes – Use marketplaces like Insureon or CoverWallet to compare providers side by side.
- Check AM Best Ratings – Look for insurers with an “A” or higher rating for financial strength.
- Evaluate customer service – Read online reviews and ask about claims handling times.
- Consider bundling – Many providers offer discounts when you combine policies like BOP and auto.
Average Cost of Business Insurance in 2025
- General Liability Insurance: $500–$1,200 annually for small businesses
- BOP (Business Owner’s Policy): $750–$1,500 depending on industry
- Workers’ Compensation: Varies by state and payroll size
- Professional Liability Insurance: $600–$2,000 annually for most service providers
Note: Premiums vary based on your industry, location, claims history, and selected coverage limits.
Final Thoughts
Choosing from the best business insurance providers in the USA in 2025 means understanding your needs, comparing top carriers, and ensuring long-term support. Whether you’re a startup, freelancer, or established small business, the right insurance partner will help protect your assets and empower your growth.
For fast and simple comparisons, use marketplaces like Insureon or CoverWallet to get started today.
