Commercial Insurance in Ohio

Keeping your business protected should be your number one priority. You can easily do this by obtaining commercial insurance. We offer commercial insurance at America’s Top Insurance in Columbus, OH. Business insurance can protect you and your business from some of the most common losses that business owners face, including business interruption, liability, theft, worker injury, and property damage.

Commercial Insurance Requirements

The state of Ohio requires that all businesses obtain workers’ compensation insurance regardless of the number of employees a business has. Workers’ compensation covers medical expenses for work-related illnesses and injuries.

Commercial auto insurance is also required in Ohio for all company-owned vehicles. The minimum liability requirements are as follows:

Bodily injury for each person for $25,000
Bodily injury for each accident for $50,000
Property damage for each accident for $25,000

Commercial Insurance Coverage

Here is what you can expect your commercial insurance policy to cover:

General liability: This covers some of the most common third-party risks and is best for customer bodily injuries, libel, and damaged customer property. Your commercial lease may require it.
Business owner’s policy: This combines general liability and property damage coverage in one plan. It is best for damaged business property or damaged customer property.
Professional liability: This is also known as errors and omissions insurance and protects your business if you provide professional advice or services.
Cyber liability: This covers data breaches and cyberattacks on your business. It is best for fraud monitoring services and data recovery costs.
Property coverage: This is best for your business to cover weather damage, theft, vandalism, and fire. It keeps the value of your business’s physical structure protected.