General liability covers common risks for small businesses in Minnesota, including customer property damage and injuries. Commercial leases often require this policy.
This policy is also called professional liability insurance. It protects small professionals against lawsuits over mistakes, missed deadlines, and oversights.
This policy protects Minnesota 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 a Minnesota small business.
Workers’ comp insurance is required for Minnesota small businesses that have four or more employees. It can cover medical costs for work injuries.
This policy is required for vehicles owned by Minnesota small businesses. It covers injuries and property damage in an accident, along with other types of damage.
Minnesota state law requires businesses with four or more 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 Minnesota must be covered by commercial auto insurance.
Minnesota requires the following levels of coverage:
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 Minnesota company. Factors that influence the cost include:
Our agents are experts in insurance for Minnesota technology businesses. They can help you find policies that fit your company and fulfill state requirements. TechInsurance is licensed by the Minnesota Department of Commerce Insurance Division as BIN Insurance Holdings LLC (NPN 15752926) for property and casualty insurance (license number 40209420). You can verify our licensure with the Sircon Corp. Verification System by selecting Minnesota, agency, and then entering our license number.