Small Business Insurance in Michigan
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Get Business Insurance in Michigan
biBERK is trusted by many companies for business insurance in Michigan. We offer flexible policies to protect you from the many types of risk Michigan businesses face.
Michigan Workers' Compensation insurance
This type of Michigan business insurance helps protect your company if an employee is injured, contracts an illness, or dies as a result of an incident on the job. It can cover medical costs, legal fees, and lost wages due to the injury. We offer tailored workers’ comp in Michigan to suit your business.
Workers' Compensationchevron_rightMichigan General Liability insurance
Also known as commercial liability insurance, a general liability policy is a vital type of small business liability insurance in Michigan. It covers damages and legal costs associated with injury claims by customers and other people you don't employ (slip-and-fall accidents at your location are a good example), damage to other people's property that was caused by your business, and medical costs associated with these incidents. It also covers libel, slander, and copyright infringement. Plus, there are endorsements you can add to customize your policy, including cyber, hired and non-owned auto liability, employment-related practices liability, and employee benefits liability.
General Liabilitychevron_rightMichigan Business Owners Policy (BOP)
Also called property & liability insurance, a business owners policy (BOP) combines general liability insurance (for things like non-employee injuries and customer property damage) with coverage for your company’s property. You'll get protection for the building you own, space you lease, and any property needed to run your business, while also receiving coverage for things like business interruption. This can replace lost income, as well as cover other costs associated with getting your business back up and running after suffering property damage, such as the use of a temporary location. So, if your building is damaged by a severe storm, related expenses may be covered. You can also tailor your BOP with add-ons including cyber, hired and non-owned auto liability, employment-related practices liability, and employee benefits liability.
Business Owners Policychevron_rightMichigan Professional Liability insurance
Also known as errors and omissions (E&O) insurance, this type of business liability insurance that many Michigan companies need could protect you from the cost of damages and legal fees if someone claims your professional service caused financial harm to them or their business. Coverage includes both mistakes on the part of your business (errors) and the failure to perform a service (omissions). For instance, if you’re an accountant and your calculation error hurts your client financially and causes them to sue, you may be protected. Professional liability insurance should be considered if your business provides professional advice, offers a professional service, or has contractual requirements for the coverage.
Professional Liabilitychevron_rightMichigan Umbrella insurance
Every type of Michigan liability insurance for small businesses has a maximum value that it will cover in the event of an incident. Umbrella insurance adds another layer of protection, as it can cover costs that exceed the limit of another biBERK liability policy, subject to its own limit. Without it, you may be responsible for anything over your policy limit. Business liability suits can easily exceed the actual value of many small businesses, so we highly recommend an umbrella policy to protect your company.
Umbrella Insurancechevron_rightWe Cover all Kinds of Professionals and Businesses in Michigan, Including:
- Auditors and accountants
- Banks and trust companies
- Breweries
- Building electrician services
- Building owner operations
- Cabinet and trim installers
- Car rental companies
- Carpentry services
- Childcare and day care centers
- Colleges
- Concrete driveway installers
- Delivery companies
- Door and frame installation services
- Drywall installation companies
- Electrical manufacturers
- Engineering and architectural consultants
- Furniture stores
- Gardening services
- Grocery and convenience stores
- Heating and air companies
- Home furnishing installation services
- Insurance inspection companies
- Lawn and landscaping companies
- Mail and package delivery services
- Masonry services
- Nursing homes
- Office clerical services
- Painting and wallpaper companies
- Photographers
- Photography services
- Plumbing services
- Public health nursing associations
- Retail stores
- Rock excavation services
- Sales and collection services
- Tile, stone, mosaic, and terrazzo installers
- Tree pruning companies
- Trucking companies
- Wholesalers
Why biBERK for Michigan Business Insurance?
We’re the experts when it comes to Michigan business insurance.
Save time.
Get a quote entirely online or speak with one of our insurance experts right away for help getting a quote, buying a policy, or answering any questions you may have.
Save money.
We insure your small business directly, without a middleman or insurance broker, so we pass that savings on to you—up to 20% less than policies with other insurance companies.
Experienced.
We're part of Warren Buffett's Berkshire Hathaway Insurance Group with millions of satisfied customers, more than 75 years of insurance experience, and $52.2 billion in paid claims in 2023.
Why is biBERK Better for Michigan Small Business?
We’re a leader among business insurance companies in Michigan. We’re often less expensive and easier to do business with than other insurance companies. That’s better for you in many ways. We’re also part of the Berkshire Hathaway Insurance Group, the nation’s largest insurance company in terms of assets. You may know Berkshire Hathaway as the company started by Warren Buffett. Mr. Buffett began as a small business owner, and he’s dedicated to providing small businesses with services that can help them grow.
What Coverage is Required for Michigan Small Businesses?
Workers' Compensation
In Michigan, every business with employees is required to carry workers’ compensation insurance. Even if you only have one employee (including yourself as the business owner), you’re still required to carry workers’ comp. You can receive substantial fines and criminal penalties if you’re required to have workers’ comp coverage but conduct business without it.
Other Policy Considerations
While the law may not state it, there’s a good chance you need to carry other business insurance policies in addition to workers’ comp. Many contracts require a general liability policy and/or a professional liability policy, for example. Even if your customers, clients, or partners don’t require you to carry specific policies, it’s recommended that you carry policies to cover any part of your business that could be at risk. Financially protecting your company is one of the smartest business decisions you can make.
What Does Small Business Liability Insurance in Michigan Cost?
The cost of small business liability insurance in Michigan depends on a number of factors, including industry, number of employees, and your amounts of payroll and revenue. Additionally, your claims history will influence your policy cost. Companies with fewer claims typically pay lower premiums.
Learn what Michigan business insurance costs with instant online insurance quotes.
Michigan Business Insurance in Three Simple Steps
Get a Quote
Fill out a form online or give us a call to tell us about your company. You’ll have a quote in as little as five minutes.
Buy a Policy
Complete your purchase and make payments online or over the phone. You can pay your premium all at once or in monthly installments.
Get a Certificate
Download an instant Certificate of Liability Insurance immediately after purchasing a policy.
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Trust biBERK for business insurance in Michigan and save up to 20%.