Delaware Business Insurance

Full analysis of property crime rates, insurance costs and much more in Delaware.

Business man looking at mobile phone

Popular Questions about Delaware Business Insurance

Why should I have Delaware business insurance?

Total revenue made by small businesses in Delaware: $22.2 billion

Without insurance, business claims have to be paid out of your pocket, meaning they have to be paid out of your business’s revenue. So if an intense winter storm, an unexpected fire or a criminal act damages your property, you'll have a serious financial loss.

Use our independent agent matching system to find the best insurance plan in your area. You tell us what you’re looking for, and our technology will recommend the best agents for you. Any information you provide will be sent to only the agents you pick. We do not sell to third parties.


Save on Business Insurance

Our independent agents shop around to find you the best coverage.

How have other business owners used their business insurance?

40% of small businesses are likely to experience a property or general liability claim in the next 10 years.

  • Theft or burglary: Average cost per claim - $8,000
  • Water and freezing: Average cost per claim - $17,000
  • Wind and hail damage: Average cost per claim - $26,000
  • Fire damage: Average cost per claim - $35,000
  • Customer slip and fall: Average cost per claim- $20,000

How does Delaware business insurance help me?

Delaware business insurance will pay for covered claims so your business doesn’t have to. It's a financial protection plan that gives you peace of mind when something unexpected happens so you can focus on your bottom line.

Here’s what a standard business insurance policy should do:

  • Pay for damage to your building
    • We call this “commercial property insurance.”
    • Example: A tree falls on your office building.
  • Pay for damage to your business property
    • We call this “business personal property insurance.”
    • Example: A fire destroys all your computers.
  • Pay for damage to someone else's property
    • We call this “general liability insurance.”
    • Example: A contractor does a poor job of installing a cabinet, and it falls and breaks the homeowner's kitchenware.
  • Pay for someone else's medical bills
    • We also call this “general liability insurance.” 
    • Example: A customer slips and falls on your recently mopped floor and breaks an arm.
  • Pay for accidents in company vehicles
    • We call this “commercial auto insurance.”
    • Example: Your salesperson rear-ends someone while driving to an appointment.
  • Pay for employee injuries and compensation
    • We call this “workers' compensation.”
    • Example: An employee falls off a ladder at work and can’t work for two weeks.

Sometimes, these coverages are not enough to properly protect a business against risk. Your business most likely faces unique risks and may need additional coverages. For example, if you offer financial services or legal counsel, you will need much different coverages from a retail store or manufacturing factory.

To make sure you're properly insured, we can match you with the right independent insurance agent who specializes in your field. That way, you'll receive comprehensive, affordable and personalized insurance.

What insurance does Delaware require for businesses?

While a commercial insurance policy is not required of business owners, certain aspects of it may be. In this state, businesses that employ at least one full- or part-time employee must carry workers' compensation insurance. Additionally, businesses that have company-owned vehicles must carry commercial auto insurance. To learn more about coverage that you may need to carry, you can talk with a local Trusted Choice® agent.


Save on Business Insurance

Our independent agents shop around to find you the best coverage.

How much does Delaware business insurance cost?

Primarily, it depends on how risky your business is. The riskier your business is, the higher your insurance will be. Here are two examples.

  •  A sole proprietor who owns a garment hemming business:  Annual premium - $260
  • A commercial landscaper with five employees who operate heavy machinery: Annual premium - $22,700

Find the Best Delaware Business Insurance Today

Business insurance rates are calculated using a number of factors such as the risks to your business property, your liability coverage needs, and the amount and types of coverage you want. Policies can vary significantly by business industry, so it is best to talk with an experienced insurance agent when building a suitable and comprehensive policy for your business.

Share this page on Twitter Share this page on Facebook Share this page on LinkedIn