General liability covers common risks for small businesses in Wyoming, 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 Wyoming 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 Wyoming small business.
Workers’ compensation insurance is required for all Wyoming small businesses with employees. It can cover medical costs for work injuries.
This policy is required for vehicles owned by Wyoming small businesses. It covers injuries and property damage in an accident, along with other types of damage.
Wyoming state law requires all businesses to carry workers’ compensation insurance. This policy covers medical bills for work injuries and illnesses.
Wyoming is one of four states that operates a monopolistic state fund for workers' compensation. That means employers cannot buy workers' comp from private insurers, only from the state fund.
Policies purchased through the state fund do not include employer's liability insurance, which provides financial protection against employee injury lawsuits. However, you can still purchase it through a private insurance provider.
Vehicles owned by small businesses in Wyoming must be covered by commercial auto insurance.
Wyoming’s commercial auto insurance requirements are:
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 Wyoming company. Factors that influence the cost include:
Our agents are experts in insurance for Wyoming technology businesses. They can help you find policies that fit your company and fulfill state requirements. TechInsurance is licensed by the Wyoming Department of Insurance as BIN Insurance Holdings LLC (NPN 15752926) for property and casualty insurance (license number 199870) and for surplus lines (license number 200592). You can verify our licensure with the Sircon Corp. Verification System by selecting Wyoming, agency, and then entering either of our state license numbers.