General liability covers common risks for small businesses in Rhode Island, including customer property damage and injuries. Commercial leases often require this policy.
E&O is also called professional liability insurance. It protects professionals against lawsuits over mistakes, missed deadlines, and oversights.
This policy protects Rhode Island small businesses against data breaches and cyberattacks that affect your business or a client.
A BOP bundles commercial property and general liability insurance. It's often the most cost-effective type of commercial insurance for a Rhode Island small business.
Rhode Island requires all small businesses with one or more employees to purchase workers’ comp insurance. This policy can cover medical costs for work injuries.
This policy is required for vehicles owned by Rhode Island small businesses. It covers injuries and property damage in an accident, along with other types of damage.
Rhode Island state law requires businesses with one or more employees to carry workers’ compensation insurance. This policy covers medical bills for work injuries and illnesses.
Vehicles owned by small businesses in Rhode Island must be covered by commercial auto insurance. Rhode Island requires a minimum of $25,000 bodily injury liability per person, $50,000 bodily injury liability per accident, and $25,000 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 Rhode Island company. Factors that influence the cost include:
Our agents are experts in insurance for Rhode Island technology businesses. They can help you find policies that fit your company and fulfill state requirements.
The state of Rhode Island issues licenses to individuals, not business entities. TechInsurance has agents licensed by the state for property and casualty insurance. Please feel free to contact us for licensure details.