Customized protection for your Georgia business
Small business owners in Georgia should consider several types of commercial insurance to protect against risks associated with business property, employees and daily operations. Choosing to run a business in Georgia without insurance could lead to financial hardships due to lawsuits and recovery costs.
In 2019, private sector businesses accounted for nearly 86% of Georgia’s 91,200 non-fatal workplace injuries, according to the Bureau of Labor Statistics. Incidents like these can disrupt business operations and jeopardize cashflow and other assets. Insurance helps minimize these obstacles.
Shop for general liability, workers’ comp and more through the Progressive Advantage® Business Program. We’ll help you customize a Georgia business insurance policy based on your needs.
Types of GA business insurance
How much does business insurance cost in Georgia?
The cost of a Georgia business insurance policy depends mostly on the type of work that you do. Each industry is exposed to different types of risk, causing their rates to differ. For example, high-risk businesses like tree trimmers and general contractors often need a specialized coverage called excess and surplus (E&S), which typically is more expensive.
Other factors that affect your rate include coverage needs, business size and location. For example, a business in Atlanta can expect to have a different rate than one in Macon, or a business that has employees might pay more than a business that doesn’t.
Learn more about the factors that influence business insurance rates. You can also get a quote online to find out what you’ll pay for your unique situation.
Georgia business insurance requirements
The state of Georgia requires businesses with three or more full or part-time employees to carry workers’ compensation. Small business owners can get insurance through a private insurance carrier or become a qualified self-insured.
Businesses might be responsible for providing workers’ comp coverage to any subcontractors they hire if the subcontractor doesn’t have their own policy. It’s best to check with Georgia’s Workers’ Compensation Board for details on who can be classified as a subcontractor.
In Georgia, other business insurance, like general liability, isn’t required by law, but it’s generally needed before entering a contract with a client. It’s important to select coverage limits that both meet client requirements and adequately protect your assets.
Resources for Georgia small business owners:
- Georgia Business Insurance Information (Georgia Insurance and Safety Fire Commissioner)
- Workers’ Comp FAQs (Georgia State Board of Workers’ Compensation)
- Workers’ Comp Employer Information (Georgia State Board of Workers’ Compensation)
- 2023 Georgia Small Business Profile (U.S. Small Business Administration)
- 2018 Georgia Workplace Injury Data (U.S. Bureau of Labor Statistics)
Georgia professions we insure
We help small business owners from a wide variety of industries, including these common professions:
Browse more examples of professions we insure.
Why choose Progressive?
Business insurance for all Georgia cities
We can customize business insurance in all Georgia cities, including, but not limited to:
- Atlanta
- Augusta
- Columbus
- Macon
- Savannah
- Athens
- Sandy Springs
- South Fulton
- Roswell
- Johns Creek
