Click to CallMissouri Commercial Insurance Options
If you’re in Missouri and you own a small business, there are several types of commercial insurance that you should have. However, there are only two types that the state makes mandatory for certain small businesses. If you need commercial insurance for your small business, call us at Travers Insurance in Webster Groves, MO for an appointment.
Commercial Auto Insurance
In Missouri, all vehicles owned by a business have to have commercial auto insurance policies. This coverage comes with specific minimums for bodily injury liability, property damage liability, and uninsured motorist coverage. It isn’t required to cover personally owned vehicles driven for work reasons to be covered by a commercial policy. However, it is recommended that those vehicles be covered by a policy called hired and non-owned insurance. This is important because personal auto insurance often doesn’t pay for vehicles used for business purposes.
Workers’ Compensation Insurance
This type of commercial insurance is required under Missouri law for any business that has at least five employees, even if they are part-time workers. Certain industries, such as construction, require this commercial insurance to be carried even if there is just one employee of the business. This type of commercial insurance is for paying medical bills if an employee were to get injured or sick at work.
Make Your Appointment
If you have a small business, you likely need the right insurance to keep the coverage legal. Call us at Travers Insurance in Webster Groves, MO to make an appointment to talk to an agent about the commercial coverage you need. An agent can talk to you about the appropriate coverage for your specific business.
