Small Business Insurance Detroit Lakes MN

Most states will require you to have some sort of workers compenstation policy and it is never a bad idea to have some liability coverage. Five states (CA, NY, NJ, RI and HI) also require you to offer short term disability. If you are in one of these states and fail to provide the workers comp or short term disability coverage, you could face a very costly fine down the road.

American Family Insurance
(320) 235-0542
1617 Highway 12 E Ste 200
Willmar, MN
 
Allstate Insurance-Chrales Brenny
(218) 828-8821
317 Washington St
Brainerd, MN
 
Lee Jim
(507) 388-3700
1140 S Riverfront Dr
Mankato, MN
 
Allstate Insurance Companies
(507) 281-5525
3552 W River Pkwy Nw Ste 3
Rochester, MN
 
Insurance Center Inc
(320) 235-7832
1516 1st St S
Willmar, MN
 
Farmers Insurance Group
(507) 288-0663
4170 18th Ave Nw
Rochester, MN
 
Fujan Bruce Insurance
(507) 281-5194
5025 Highway 52 N
Rochester, MN
 
Allstate Insurance Companies
(320) 251-1383
3717 3rd St N
Saint Cloud, MN
 
Gardner Agency Allstate Insurance
(218) 628-8002
416 N Central Ave Ste 3
Duluth, MN
 
State Farm Insurance
(507) 529-2992
2434 Superior Dr Nw Ste 102
Rochester, MN
 

Business Protection for Solo Entrepreneurs

Q: I am planning to start my own business and am not sure whether or not I need small business insurance. How do I determine if this is a start-up requirement, the type of coverage I need and where would be the best place to get it

Most states will require you to have some sort of workers compenstation policy and it is never a bad idea to have some liability coverage. Five states (CA, NY, NJ, RI and HI) also require you to offer short term disability. If you are in one of these states and fail to provide the workers comp or short term disability coverage, you could face a very costly fine down the road.

Depending on what services your business provides, this can be more or less important. My advice is to speak with an experienced commercial insurance advisor and they can tell you what they feel you must have and should consider based on your specific situation.

 

It does not automatically transfer over to you. If you now own the ring, you need to buy a policy in your name to protect it. Most personal lines agents can handle this policy quickly. Some policies might offer no deductible and/or an agreed value on the ring, so you may want to evaluate what coverage is important to you given the premium differentials.

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