Georgia Business Insurance | Get a Free Quote | BIS Benefits (2024)

Coverage Catered to your Georgia Business

Small business owners in Georgia face various risks associated with business property, employees, and daily operations. Without proper insurance coverage, these risks could lead to financial hardships due to lawsuits and recovery costs. Incidents like workplace injuries can disrupt business operations and jeopardize cash flow and other assets. Insurance helps minimize these obstacles. At BIS, we offer general liability, workers’ comp, and more through our tailored Georgia business insurance policies. Let us help you customize a policy based on your needs and protect your business.

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Types of Business Insurance for GA Employers

Serving businesses of 15 employees or more in Georgia for over 24 years. We are committed and passionate about providing top tier business insurance coverage that you can count on.

Workers' Compensation

Workers' compensation insurance is often mandatory in the state of Georgia. In the event that one of your workers should become injured or fall ill while on the job, this type of coverage will make sure they have the time and financial compensation needed to recover.

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In the event that you suffer from something like a storm, fire, or even theft, property and building coverage will protect not only your physical place of business, but your inventory and even the furniture inside.

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General Liability Insurance

This is a type of coverage that will protect your business from claims of things like bodily injury, property damage, advertising injury, and more. If you manufacture a product in the state of Georgia, this type of coverage helps protect against claims of damage or injury due to that product not performing as intended.

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This is typically referred to as professional liability insurance. It's a type of coverage that protects your business from any mistakes that are made while you and your employees are providing your professional services.

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This is a type of optional coverage that fills in any of the gaps that may exist with the other types of policies your business has.

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Cyber Insurance

With the average cost of a cyberattack coming in at $9.4 million in 2023, cyber insurance will help protect your business against monetary and reputational damage from hacks, phishing attempts, and more.

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Surety Bonds

Commercial surety bonds are used for licenses, permits, and the release of liens. Contract payment and performance surety bonds, on the other hand, are used by contractors to help make sure all material suppliers get paid, and a project is completed on time and in full.

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Commercial Auto Insurance

If one of your work vehicles is in an auto accident while being used for business purposes, this type of insurance will help cover any damages that arise.

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Allow BIS to aggressively shop the market to get you the most competitive rates.

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Complete Coverage, tailored to your business

Georgia business owners know that their company can face a multitude of risks every day. GA Business Insurance is a way to help protect the business from these risks. This coverage protects businesses against losses due to events that may occur during the normal course of business including your business’ financial assets, intellectual property, and physical property.

There are many factors to consider when determining the type of Georgia commercial insurance that is best suited to your business, such as the industry, size, location, and number of employees. It is critical to partner with an agent who not only understands your business risk, but also knows how to craft a program that is designed to place the proper insurance coverages for the most efficient use of your premium dollars.

Georgia Business Insurance | Get a Free Quote | BIS Benefits (1)

Georgia Business Insurance Requirements

In the state of Georgia, some types of insurance - with workers' compensation being the top example - are mandatory to run a business that hires employees at all. Others may be required to get your license, depending on the industry you work in.

How Much Does Business Insurance Cost in Georgia?

The amount you'll pay for business insurance in Georgia will vary depending on a number of key factors. Not only will the coverage play a role (more optional policies mean higher premiums), but also the industry that you work in and even the number of employees you have will all dictate how much you'll ultimately pay.

A Broker You Can Trust

Reasonable Prices

We will shop the market and find the most competitive rates for your company with all major carriers.

Above & Beyond Customer Service

It's more than providing a service - it's about serving our clients and creating real tangible relationships that are everlasting. At BIS we like to say, "Think Comcast and Do The Opposite."

Great Coverage

Servicing all your benefit and business insurance needs. Let our experienced agents and team place the right coverage for your business and staff.

Our Carriers

All the top-rated carriers in Georgia including Selective, Hanover, Travelers, Hartford, Nationwide, Chubb, Liberty Mutual, and more.

  • Georgia Business Insurance | Get a Free Quote | BIS Benefits (2)

  • Georgia Business Insurance | Get a Free Quote | BIS Benefits (3)

  • Georgia Business Insurance | Get a Free Quote | BIS Benefits (4)

  • Georgia Business Insurance | Get a Free Quote | BIS Benefits (5)

  • Georgia Business Insurance | Get a Free Quote | BIS Benefits (6)

  • Georgia Business Insurance | Get a Free Quote | BIS Benefits (7)

Industry Specialties

Auto Dealer Services

Cargo / Transit

Heavy Equipment / Crane & Rigging

Manufacturing

Professional Services / A&E

International

Aviation

Construction Insurance

Healthcare

Electrical Contractors

Social Services & Non-Profit

Roofing Companies

General Contractors

Banking & Financial Institutions

Energy

Marine / Logistics

Higher Education

Real Estate

SaaS Technology

Business Services

Food & Agriculture

Hospitality Resort Management

Mining

Retail

Transportation

Where We Work

BIS Benefits works with companies all around the state of Georgia, below are some of the cities our clients are located in:

Atlanta

Alpharetta

Buford

Brookhaven

Cumming

Chamblee

Duluth

Decatur

Johns Creek

Kennesaw

Marietta

Norcross

Powder Springs

Peachtree Corners

Roswell

Smyrna

Sandy Springs

Suwanee

Stone Mountain

Snellville

Woodstock

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A Broker You Can Trust

At BIS Benefits, we take immense pride in being recognized as one of Georgia's top employee benefits brokers. Over the years, our commitment to excellence has allowed us to serve our clients diligently. Alongside employee benefits, we provide an extensive range of major commercial insurance products, carefully tailored to suit your company's specific requirements. Our unwavering dedication is focused on effectively meeting all your needs.

Explore the advantages of collaborating with a Georgia-based employee benefits broker through discuss your unique requirements with a BIS Benefits professional, do not hesitate to get in touch. Reach out to the dedicated team at BIS Benefits today, and let us assist you in making well-informed and advantageous decisions for your business.

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Business Insurance FAQs

  • How much does commercial insurance cost in Georgia?

    The cost of commercial insurance depends on the company’s operations. If they are exposed to high risk operations, the premium cost is higher. Premium can range anywhere from $100 to hundreds of thousands of dollars depending on the company’s exposures.

  • What are the most common business insurances?

    • General Liability
    • Professional Liability
    • Workers Comp
    • Automobile Liability
    • Cyber Liability
    • Umbrella Liability
    • Property Insurance

  • Where can I find the recommended insurance for companies in my industry?

    You can call a licensed insurance agent for guidance on which insurance companies best suit your industry needs.

  • What is the most important insurance for a business to have?

    General liability & worker’s compensation insurance.

  • How much should I budget for business insurance for a medium size company?

    The cost of commercial insurance depends on the company’s operations. If they are exposed to

    high risk operations, the premium cost will be higher whether or not the company is medium, small, or large.

Interested in our benefits?

Contact Us for a Free Quote

Commercial Insurance, Group Plans, and Employee Benefits? We're here to help! Our team is friendly, knowledge - and ready to answer your questions or put together a custom quote for your exact requirements. Contact us today!

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Georgia Business Insurance | Get a Free Quote | BIS Benefits (2024)

FAQs

What type of insurance would you need to run a small business in Georgia? ›

Businesses in Georgia are required to have workers' comp insurance if they have three or more employees. Workers' compensation insurance helps pay for expenses related to employees becoming injured or ill while working for you. A BOP combines property and liability coverage into one easy-to-manage policy.

How much is general liability insurance in Georgia? ›

A typical small business in Georgia can expect to pay anywhere between $300 and $5,000 annually for their general liability policy. The final cost of liability coverage from one business to the next will vary significantly based on the SIC code or the insurance company's own classification system for GL rating.

Which insurance is especially important to service based business it is? ›

Professional Liability Insurance

professional liability insurance helps cover claims related to mistakes in the professional services that your business provides.

Do I need insurance for my LLC in Georgia? ›

A general liability policy is important for all Georgia businesses. It covers common third-party risks, including customer injuries. Most commercial leases require this coverage.

Should a small business have insurance? ›

Business insurance protects you from the unexpected costs of running a business. Accidents, natural disasters, and lawsuits could run you out of business. Protect yourself with the right insurance.

How much is a $2 million dollar insurance policy for a business? ›

How much is a 2-million dollar insurance policy for a business? On average, an insurance policy that offers coverage for up to $2 million can cost about $30 a month in premiums.

How much is a 5 million dollar business insurance policy? ›

Cost. As a general rule of thumb, figure that each million dollars of insurance cost $1,000. A $5 million Excess Liability Policy would then cost $5,000.

What is the minimum liability insurance in Georgia? ›

The minimum limits of liability insurance required under Georgia law are: Bodily Injury Liability – $25,000 per person and $50,000 per incident. Property Damage Liability – $25,000 per incident.

What is the most basic form of business insurance? ›

1. General Liability Insurance (GLI) General liability insurance helps protect your business from claims that it caused: Bodily injury to someone else.

What are the two most important insurance options available to a business? ›

Commercial insurance is divided into two main categories: property insurance and casualty insurance. Property insurance provides coverage for property that is stolen, damaged, or destroyed by a covered peril. The term "property insurance" includes many lines of available insurance.

Can you have multiple businesses under one insurance policy? ›

Having multiple businesses under one insurance policy can provide comprehensive protection against various events and accidents. The professionals at Tabak Insurance can help you explore your options to make sure each of your businesses is protected appropriately.

What type of insurance is sold to small businesses? ›

There are a few main insurance coverages that are recommended for most small businesses, including: General liability insurance. Commercial auto insurance. Professional liability insurance.

What is the minimum insurance requirement in Georgia? ›

The minimum limits of liability insurance required under Georgia law are: Bodily Injury Liability – $25,000 per person and $50,000 per incident. Property Damage Liability – $25,000 per incident.

What is a small business property insurance? ›

Business property insurance covers your buildings, the contents within those buildings, and loss of income if you're out of business due to a claim. It can help protect your business in case of unexpected accidents or tragedies like fire, theft, wind damage, or even a building's collapse under the weight of snow.

Is general liability insurance required in Georgia? ›

There are currently no Georgia general liability insurance requirements mandated by state law. However, some local governments may still require general liability for certain professions or businesses. Check with your city clerk's office to confirm what insurance you need to operate legally in your area.

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