7 Best Commercial Insurance Agencies That Will Save You Money

We have listed some of the best commercial insurance carriers in the US for your consideration. The agencies that made our list are:

Hiscox

Hiscox is one of our top picks because it operates in all the states. Although not an American brand, it has 11 offices throughout the country.

The company specializes in policies like commercial liability, business owners’ policies, workers compensation, cyber insurance, and more. Hiscox’s standard policy offers up to $2 million coverage.

The Hartford

The Hartford is one of the largest commercial insurance carriers for workers’ compensation. The insurance company is also quite famous for its endearing customer service. With the pay-as-you-go plan, the company is the number one choice for small businesses.

Commercial insurance agencies that sell policies from The Hartford may have variations according to the state they sell in. The company has specific policies as per the state and city they sell in.

Although the insurance company has more than 200 years of experience in selling insurance, their application process for claims as well as purchases can be tiresome. But your agency will look after these applications for you.

Nationwide

Nationwide has a large variety of commercial insurance policies which are simple to understand. The company capitalizes on straightforward insurance solutions. Unfortunately, their policies are not yet available in Hawaii or Alaska.

The insurance company offers your standard commercial insurance policies such as general liability, umbrella insurance, commercial auto and property, among others. The company also offers commercial insurance for other industry specials like retailers, farms, restaurants, clinics, and more.

State Farm

State Farm is one of the best carriers for small businesses. Even their simple general liability policies offer larger policy limits. The company has been around for almost a century and is set up across many states.

However, many agents can’t cross state lines when writing policies. Additionally, their customer service lacks consistency.

State Farm favors bundle insurance policies and offers unique discounts to business owners who combine coverages. Because of State Farm’s independent ownership, the agents understand your business needs on a personal level.

So, if you shop from them, do consider bundling your policies so you can get the best deal.

Travelers

Travelers is the current number-two commercial property insurance company in U.S., based on the amount of premiums they write.

Established in 1864, this insurance company is also one of the older companies. Today, the company not only serves in all the states but also sells policies in the United Kingdom and Canada.

According to Investopedia, the company is known for being best for commercial property insurance and for business that deal internationally.