Popular QuestionsPopular Questions About Georgia Business Insurance

Why Should I Have Georgia Business Insurance?

In 2018 small businesses in Georgia made $491 billion. Not having the right insurance for your business could cost you valuable revenue. Business claims can cost thousands of dollars, which would all have to be paid out of pocket if you don't have commercial insurance in place as a safeguard.

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. Here are some things these companies have been using their insurance on:

  • Theft Or Burglary: Average Cost Per Claim - $8,000
  • Water Damage & Freezing Pipes: Average Cost Per Claim - $17,000
  • Wind & Hail Damage: Average Cost Per Claim - $26,000
  • Fire Damage: Average Cost Per Claim - $35,000
  • Customer Slip & Fall: Average Cost Per Claim - $20,000
How Does Georgia Business Insurance Help Me?

Georgia business insurance covers the cost of claims so that your company's revenue doesn't get touched in case of accidents or natural disasters.

Here's what a typical business insurance policy will do for you:

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, resulting in its falling and breaking 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 & Compensation

  • We also call this “Workers' Compensation.”
  • Example: An employee falls off a ladder at work and can’t work for two weeks.

Because every business is unique, there is no one-size-fits all plan for commercial insurance. Your business will face specialized risk factors, so choose an independent agent who can help you create a customized policy that offers the best protection for your field.

What Insurance Does Georgia Require for Businesses?

Georgia businesses are required to have workers' compensation insurance if they employ three or more employees whether full-time or part-time. Some other parties may also ask for evidence that your business is insured. 

For example, mortgagees, suppliers and investors will often ask for proof of commercial insurance before engaging in business transactions. To learn more about the exact coverage you need for your Georgia business, talk with a local independent insurance agent.

How Much Does Georgia Business Insurance Cost?

It primarily 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: $260 per year
  • A commercial landscaper with five employees who operate heavy machinery: $22,700 per year
How Do I Find the Best Business Insurance in Georgia?

Rates for Georgia business insurance are based on several factors. Depending on your unique risks and the type of coverage you need, your premium could vary. Policies will also vary quite a bit depending on the industry you work in, so talk with an experienced independent agent to choose the right protection plan for your business.

It’s usually wise to work with an independent agent in Georgia since they have access to multiple insurance companies. Sometimes its difficult to find an insurance company who will cover your business.

  • There are 560 independent agents in Georgia who are ready to help.
  • In 2017 our agents helped 7,337 people.
What Are the Top Business Insurance Companies in Georgia?

An independent insurance agent compares policies from multiple companies to find the best coverage for your needs.

foremost insurance group
the main street american group
mercury insurance
liberty mutual insurance

InformationFind the Best Insurance in Your City

How Does Your City Measure Up?

  • Number of businesses in the U.S.: 27,626,360
  • Number of businesses in Georgia: 929,864
  • Burglary rate per 1,000 residents in the U.S.: 4.69
  • Burglary rate per 1,000 residents in GA: 6.14
  • Auto theft rate per 1,000 vehicles in the U.S.: 2.37
  • Auto theft rate per 1,000 vehicles in GA: 2.60


CityPopulationNumber of Established FirmsBurglary Rate Per 1,000 ResidentsAuto Theft Rate per 1,000 Vehicles
Atlanta472,52264,59312.039.13
Columbus197,48517,40517.955.67
Augusta197,08115,4607.222.98
Savannah146,76312,6767.492.57
Athens123,3712,5007.362.50
Decatur22,8134,2445.872.96
Macon152,55515,83421.865.36
Roswell94,59811,5942.730.75
Albany73,8017,38515.081.98
Duluth29,3315,6212.361.48
Statesboro31,4192,5307.281.25
Dalton34,0773,5955.291.61
Douglasville33,2523,8487.172.55
Warner Robins74,3884,7921.182.81
Alpharetta65,3389,1443.750.50
Marietta60,94110,5016.133.49
Valdosta56,4744,8801.042.56
Smyrna56,6646,5754.632.18
Lawrenceville30,7828,5975.141.78
Rome36,4073,8006.591.96
Peachtree City35,1863,8791.241.27
Gainesville40,0004,4804.952.22
Milledgeville18,9331,7899.710.82
Woodstock30,9293,3834.101.98
Suwanee19,4213,3754.402.32


Atlanta, GA Business Insurance Cost Factors

Covering Your Business Assets

Property: Crime is a major problem in Atlanta, where chances are high that you'll encounter property crime at some point. Due to the high risk for damage to your business, business insurance rates can sometimes be higher in the Atlanta area.

Commercial Auto: If your business owns a car, you'll need to purchase commercial car insurance. Your rate will be based on factors such as the number of cars your business owns, the risk for auto theft in your city and previous claims for collisions.

Workers’ Compensation

Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured on the job. It is required for most Georgia employers. Every workplace has unique risks and hazards for its workers, which is why worker’s compensation rates vary so significantly depending on your industry.

Based on a $100,000 annual payroll, here is what the two leading industries in Atlanta, GA workers comp cost looks like.

  • Professional, Scientific and Technical Services Industry - $900/year 
  • Retail Trade Industry - $1,330/year 

Workers' compensation rates are determined by the risk level associated with each industry. In jobs where workers face more hazardous conditions, rates will tend to be higher. That's because a retail environment carries a higher risk for accidents. Keep in mind that rates fluctuate each year, so your worker's comp premium could change annually in Atlanta.

Columbus, GA Business Insurance Cost Factors

Covering Your Business Assets

Property: Your business could face serious revenue losses without the right business insurance. Property crimes like arson and theft and severe weather events can put Columbus businesses in jeopardy, so make sure you're prepared with the right coverage.

Commercial Auto: If your Columbus business owns vehicles, you will need to purchase commercial auto insurance. Premiums vary from one business to the next, but they are largely determined by the types of vehicles you need to insure, the mileage per year and the local risk for collisions and auto theft.

Workers’ Compensation

Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured on the job. It is required for most Georgia employers. Every workplace has unique risks and hazards for its workers, which is why worker’s compensation rates vary so significantly depending on your industry.

Based on a $100,000 annual payroll, here is what the two leading industries in Columbus, GA workers comp cost looks like.

  • Construction Industry - $4,760/year 
  • Finance and Insurance Industry - $480/year 

Your workers' compensation rates will depend on the specific hazards you face within your industry. Rates will be higher for construction companies because of the higher risk for workplace accidents. You can find savings on workers' comp insurance by implementing safety and fall prevention programs or maintaining a drug free workplace.

Augusta, GA Business Insurance Cost Factors

Covering Your Business Assets

Property: Property crime plays an important role in your business insurance rates. If your city has an ongoing problem with vandalism, arson and theft, you could see a spike in your premiums. Fortunately, property crime rates are relatively low in Augusta compared to neighboring cities, which could help you score lower rates.

Commercial Auto: Commercial car insurance is a necessity if your business owns a vehicle or a fleet of vehicles. In Augusta, there are more than 500 auto thefts reported each year, making it critical for every business to have adequate insurance for company vehicles.

Workers’ Compensation

Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured on the job. It is required for most Georgia employers. Every workplace has unique risks and hazards for its workers, which is why worker’s compensation rates vary so significantly depending on your industry.

Based on a $100,000 annual payroll, here is what the two leading industries in Augusta, GA workers comp cost looks like.

  • Construction Industry - $4,760/year 
  • Health Care Industry - $1,200/year 

For the businesses that work in the construction industry, workers’ compensation costs will be higher, thanks to increased hazards on the job. Employees could fall from a ladder or be injured traveling to or from a job site. These elevated risks drive up workers' comp costs. On the other hand, businesses in the health care industry will have lower rates because they work in a safer environment, with lower risks for work-related injuries.

Savannah, GA Business Insurance Cost Factors

Covering Your Business Assets

Property: Property crimes can lead to serious revenue losses for Savannah businesses that are not adequately insured. From theft to arson to vandalism, property crimes are a serious threat that your business can't afford to ignore.

Commercial Auto: Savannah's ongoing problem with auto thefts can create a major challenge for businesses that own vehicles. If a company car is stolen, your commercial auto insurance will become more valuable than ever. All businesses in Savannah that own a vehicle are required by law to purchase business car insurance.

Workers’ Compensation

Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured on the job. It is required for most Georgia employers. Every workplace has unique risks and hazards for its workers, which is why worker’s compensation rates vary so significantly depending on your industry.

Based on a $100,000 annual payroll, here is what the two leading industries in Savannah, GA workers comp cost looks like.

  • Accommodations and Food Services Industry - $1,500/year 
  • Construction Industry - $4,760/year 

These two industries face vastly different hazards in the workplace, which explains why rates are unique for each industry. In a workplace where risks for injury are high, premiums will be increased, while safer work conditions tend to bring costs down for workers' comp coverage.

Athens, GA Business Insurance Cost Factors

Covering Your Business Assets

Property: One of the biggest threats to your business revenue is property crime. If your business is looted or vandalized, the result can be a financial nightmare. Business insurance can protect you from losing revenue after property crimes, and the crime rate in Athens will play a big role in your personalized coverage rates.

Commercial Auto: If your business in Athens owns a vehicle, you will need to invest in commercial auto insurance. Your premium will be determined by several factors such as the types of vehicles you need to cover and the risk for auto theft and accidents in your area.

Workers’ Compensation

Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured on the job. It is required for most Georgia employers. Every workplace has unique risks and hazards for its workers, which is why worker’s compensation rates vary so significantly depending on your industry.

Based on a $100,000 annual payroll, here is what the two leading industries in Athens, GA workers comp cost looks like.

  • Educational Services Industry - $2,430/year 
  • Accommodations and Food Services Industry - $1,500/year 

Athens workers' compensation rates are based on the type of industry you work in and the risk level associated with your job. For businesses in the educational services industry, rates could be slightly higher due to a greater risk for accidents or injuries on company property. Those working in accommodations and food services will have slightly lower rates on workers’ comp, thanks to reduced hazards in the workplace.

Decatur, GA Business Insurance Cost Factors

Covering Your Business Assets

Property: In Decatur, nearly one-third of people will face property crimes like theft or arson. This poses a serious risk for businesses that could lose significant revenue if company property is damaged or stolen. Decatur commercial insurance offers protection for your business and covers the cost of property damage if your business ever faces this problem.

Commercial auto: Commercial car insurance is required for every Decatur business that owns a vehicle or fleet of vehicles. Your rates will depend on the types of vehicles your company owns and the risk for collisions and auto theft in your city.

Workers’ Compensation

Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured on the job. It is required for most Georgia employers. Every workplace has unique risks and hazards for its workers, which is why worker’s compensation rates vary so significantly depending on your industry.

Based on a $100,000 annual payroll, here is what the two leading industries in Decatur, GA workers comp cost looks like.

  • Professional, Scientific and Technical Services Industry - $900/year 
  • Educational Services Industry - $2,430/year 

Workers' compensation rates are based on the risk level associated with your job. These industries have vastly different risk levels, which changes rates for workers' compensation for each of these businesses. Workers' comp premiums will fluctuate from year to year as risk assessments change. You could see slight changes in your rates from one year to the next.

Macon, GA Business Insurance Cost Factors

Covering Your Business Assets

Property: Severe weather isn't the only risk for Macon business property. Crimes like theft, arson and vandalism can also pose a serious risk to your revenue if you don't have the right commercial insurance coverage for your Macon business.

Commercial Auto: In Macon, all company vehicles must be covered by commercial auto insurance. Your rates will be influenced by the local risk for collisions and auto theft, along with the types of cars your company owns and the level of coverage you need.

Workers’ Compensation

Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured on the job. It is required for most Georgia employers. Every workplace has unique risks and hazards for its workers, which is why worker’s compensation rates vary so significantly depending on your industry.

Based on a $100,000 annual payroll, here is what the two leading industries in Macon, GA workers comp cost looks like.

  • Manufacturing Industry - $2,870/year 
  • Retail Trade Industry - $1,330/year 

Workers' compensation rates are based on the hazards you face in your industry. For manufacturing, the risk for work-related injuries is much higher than the risk in retail trade services. That's why manufacturing businesses will pay more for workers' compensation insurance than retail businesses will pay.

Roswell, GA Business Insurance Cost Factors

Covering Your Business Assets

Property: Your business could face a serious revenue loss if you are targeted by looters, robbers or vandals. Property crime is a serious risk in Roswell, so you will need a business insurance plan that includes protection against these types of losses.

Commercial Auto: Company cars in Roswell will need commercial auto insurance, and your rates will be based on the local risk for collisions and auto theft. Depending on the number of vehicles to be covered and mileage accrued each year, commercial car insurance premiums can vary substantially from one business to the next.

Workers’ Compensation

Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured on the job. It is required for most Georgia employers. Every workplace has unique risks and hazards for its workers, which is why worker’s compensation rates vary so significantly depending on your industry.

Based on a $100,000 annual payroll, here is what the two leading industries in Roswell, GA workers comp cost looks like.

  • Manufacturing Industry - $900/year 
  • Finance and Insurance Industry - $480/year 

These two top industries have vastly different workers' compensation premiums, based on the risk level associated with each workplace. For companies where workers face more hazardous working environments, rates will be much higher, while for industries with low-risk conditions, workers' compensation insurance rates will be lower.

Albany, GA Business Insurance Cost Factors

Covering Your Business Assets

Property: Whether property damage comes from severe weather events, vandalism or arson, it will be an expensive problem for your business. Without the right commercial insurance coverage, you'll have to pay for damage out of pocket. That's why every business in Albany needs the protection of a comprehensive commercial insurance policy.

Commercial Auto: Whether your business owns a single company car or a whole fleet of vehicles, you will need commercial auto insurance. The cost for coverage will be based on the number of cars you need to insure, the make and model of the vehicles and the risk for auto thefts and collisions in your area.

Workers’ Compensation

Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured on the job. It is required for most Georgia employers. Every workplace has unique risks and hazards for its workers, which is why worker’s compensation rates vary so significantly depending on your industry.

Based on a $100,000 annual payroll, here is what the two leading industries in Albany, GA workers comp cost looks like.

  • Manufacturing Industry, $2,870/year 
  • Retail Trade Industry, $1,330/year 

Your rates for workers' compensation insurance will depend on several factors. Industries that face more hazardous conditions and a higher risk for work-related injuries will inevitably pay higher rates for workers' comp coverage. For instance, businesses within the manufacturing industry and they will have higher rates than businesses in retail trade. That's because the manufacturing businesses will naturally have a higher risk for injuries and accidents.

Duluth, GA Business Insurance Cost Factors

Covering Your Business Assets

Property: In addition to severe weather events, property crimes like theft and arson can lead to large business losses if you do not have the right insurance. The crime rate in Duluth can affect your coverage rates.

Commercial Auto: Business-owned vehicles have to be insured just like your personal vehicle. Commercial auto insurance provides protection against collisions and auto thefts, along with liability risks. Your rates will be based on variables such as the number of vehicles you need to insure, your yearly mileage and the risk for auto thefts in your area.

Workers’ Compensation

Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured on the job. It is required for most Georgia employers. Every workplace has unique risks and hazards for its workers, which is why worker’s compensation rates vary so significantly depending on your industry.

Based on a $100,000 annual payroll, here is what the two leading industries in Duluth, GA workers comp cost looks like.

  • Construction Industry - $4,760/year 
  • Manufacturing Industry - $2,870/year 

The two biggest industries in Duluth are construction and manufacturing. Workers' compensation is critical for all business owners. Rates for workers' comp coverage are based on the unique hazards faced in your industry. Because construction jobs tend to have more liability threats and tend to have the potential for work-related injuries, premiums are usually much higher for construction companies than for businesses that work in manufacturing.