General liability covers common risks for small businesses in Iowa, including customer property damage and injuries. Commercial leases often require this policy.
This policy is also called professional liability insurance. It protects professionals against lawsuits over mistakes, missed deadlines, and oversights.
This policy protects Iowa small businesses against data breaches and cyberattacks that affect your business or a client.
This policy bundles property insurance and general liability insurance. It's often the most cost-effective type of commercial insurance for an Iowa small business.
Workers’ compensation insurance is required for Iowa small businesses that have even one employee. It can cover medical costs for work injuries.
This policy is required for vehicles owned by Iowa small businesses. It covers injuries and property damage in an accident, along with other types of damage.
Iowa state law requires businesses that have employees, full-time or part-time, to carry workers’ compensation insurance. This policy covers medical bills for work injuries and illnesses.
Vehicles owned by small businesses in Iowa must be covered by commercial auto insurance. Iowa requires a minimum of $20,000 bodily injury liability per person, $40,000 bodily injury liability per accident, and $15,000 property damage liability per accident.
Though it's not required, personal vehicles driven for work purposes should be covered by hired and non-owned auto insurance, as personal auto policies usually exclude business use. It can be added to general liability insurance or a business owner's policy.
Commercial insurance can be affordable for a small Iowa company. Factors that influence the cost include:
Our agents are experts in insurance for Iowa technology businesses. They can help you find policies that fit your company and fulfill state requirements. TechInsurance agents, agencies, and brokers are licensed by the Iowa Insurance Division. TechInsurance is licensed in Iowa as BIN Insurance Holdings LLC (NPN 15752926) for property and casualty insurance (license number 1002051596). Verify our licensure with the National Association of Insurance Commissioners.