National Business Insurance Stats

Number of businesses in the US: 30,819,176

Burglary rate per 1,000 residents in the US: 3.76

Auto theft rate per 1,000 vehicles in the US: 2.29
CityNo. of businessesBurglaries / 1,000 peopleAuto thefts / 1,000 cars
Boise6,8382.030.99
Caldwell7422.662.16
Coeur d'Alene1,8351.590.96
Idaho Falls2,1634.251.09
Lewiston8774.41.67
Meridian2,2901.640.38
Moscow4892.040.27
Nampa1,8333.091.43
Pocatello1,3593.991.56
Post Falls7471.711.07
Rexburg5770.280.03
Twin Falls1,7433.011.09

Idaho Business Insurance FAQ - Quick Answers

While you won't know your exact premiums for business insurance until you get quotes, you can understand the risk factors carriers use to rate your Idaho policies, which include:

  • Type of industry
  • Number of employees
  • Gross annual sales
  • Location of business
  • Number of company vehicles
  • Safety practices in place
  • Past claims reported
  • Number of years in operation

An independent insurance agent in Idaho can help you get the most accurate quote.

Small business insurance is required In Idaho for workers' compensation and commercial auto. Every other policy is not legally mandated, but is useful for most business owners to consider.

Idaho small business insurance helps cover your daily risk exposures. Every policy will be customized, but the primary coverage points are listed below: 

Your business liability policies can come in numerous forms, and won what your operations are. Check out common liability options below:

If your small business wants to offer health insurance to your staff, you can get quotes through private carriers by using an independent insurance agent. According to the Affordable Care Act, you're not legally required to provide health coverage unless you have 50 employees or more, but some owners want to as a part of their benefits package.

Small business insurance can be obtained through many different carriers. In Idaho, Nationwide, Progressive, Hanover, and Travelers are rated among the best. These insurance companies are commonly chosen due to their exceptional customer service and claims handling.

Do You Know What Your Business Insurance Covers in Idaho?

  1. Boise, ID 
  2. Business Insurance Common Coverage Options
  3. Property: The property crime rate in Boise is relatively low for a city of its size. This can help keep prices manageable for property insurance coverage. Of course, severe weather, fire and other hazards can also damage expensive company assets, so be certain that you have sufficient coverage.
  4. Commercial auto: If your business owns a vehicle or a fleet of vehicles, you will be required to carry commercial auto insurance. Your rates will be based on a number of factors, including the number and types of vehicles you are covering and the risk of theft or collisions in your city.
  5. Workers’ compensation: Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured or become ill on the job. It is required for most Idaho employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary significantly depending on your industry.


  1. Nampa, ID
  2. Business Insurance Common Coverage Options
  3. Property: In addition to hazards like fire and severe weather, property crimes like theft and arson can cause expensive business losses if you do not have the right insurance in place. The crime rate in Nampa may affect your coverage costs.
  4. Commercial auto: Commercial auto insurance is mandatory if your company owns a vehicle or a fleet of vehicles. Rates are calculated according to a number of factors, including how many and what types of vehicles you are covering and the risk of collisions and vehicle theft in your city.
  5. Workers’ compensation: Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured or become ill on the job. It is required for most Idaho employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary significantly depending on your industry.


  1. Meridian, ID
  2. Business Insurance Common Coverage Options
  3. Property: The low crime rate in Meridian is good news for business owners who wish to protect their business property. However, other factors such as severe weather, fire, and accidents can all lead to damage and loss, so it is important that you have the right property coverage in place.
  4. Commercial auto: If your company owns a vehicle or a fleet of vehicles, you will need commercial auto insurance. Including comprehensive coverage can provide you with compensation if your company-owned vehicle is stolen or is damaged in another non-collision event such as a fire, flood, or falling objects.
  5. Workers’ compensation: Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured or become ill on the job. It is required for most Idaho employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary significantly depending on your industry.


  1. Idaho Falls, ID
  2. Business Insurance Common Coverage Options
  3. Property: Property crime rates play a role in determining the cost of your company's property insurance. Businesses in Idaho Falls will also need to be covered against risks such as fire, severe weather, and human error in the event that they cause loss or damage to business assets.
  4. Commercial auto: If your Idaho Falls business owns a vehicle or a fleet of vehicles, you will need commercial auto insurance. Adding the option of comprehensive insurance to your policy can provide coverage against theft as well as damage caused by non-collision events such as falling objects, fire, and floods.
  5. Workers’ compensation: Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured or become ill on the job. It is required for most Idaho employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary significantly depending on your industry.


  1. Pocatello, ID
  2. Business Insurance Common Coverage Options
  3. Property: If your insurance includes coverage against theft, the crime rate in your city will play a role in how your rates are calculated. You will also want to protect your business property against damage caused by disasters such as fires, floods, storms, and accidents.
  4. Commercial auto: Businesses that own a vehicle or a fleet of vehicles are required to have commercial auto insurance. If you are worried about vehicle theft, you want to be certain that your coverage includes comprehensive insurance, which is designed to cover loss or damage caused by non-collision-related events, including theft, fire, and falling objects.
  5. Workers’ compensation: Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured or become ill on the job. It is required for most Idaho employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary significantly depending on your industry.


  1. Caldwell, ID
  2. Business Insurance Common Coverage Options
  3. Property: Caldwell has a rather low crime rate, which can help keep your costs for coverage against theft and vandalism on the low side. However, you will also want to protect your business assets against loss and damage caused by disasters like floods, fires, and severe weather.
  4. Commercial auto: While commercial auto insurance is required of businesses that own a vehicle or a fleet of vehicles, comprehensive coverage is not. This optional coverage is designed to provide compensation for loss or damage caused by non-collision events, including vehicle theft. 
  5. Workers’ compensation: Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured or become ill on the job. It is required for most Idaho employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary significantly depending on your industry.


  1. Coeur d’Alene, ID
  2. Business Insurance Common Coverage Options
  3. Property: In addition to major hazards like fire and severe weather, property crimes can result in large business losses if you do not have the right insurance in place. The crime rate in Coeur d'Alene may play a role in how your insurance company calculates your property coverage rates.
  4. Commercial auto: If your business owns a vehicle or a fleet of vehicles, you will need commercial auto insurance. Your rates will be based on a number of factors, including the number and types of vehicles you are covering and the risk of collisions and vehicle theft in Coeur d'Alene.
  5. Workers’ compensation: Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured or become ill on the job. It is required for most Idaho employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary significantly depending on your industry.


  1. Twin Falls, ID
  2. Business Insurance Common Coverage Options
  3. Property: Disasters like severe weather events, fires and accidents, and property crimes like theft and arson can all lead to large business losses if you do not have the right insurance in place. The crime rate in Twin Falls may play a role in how your property coverage rates are calculated.
  4. Commercial auto: If your Twin Falls business owns a vehicle or fleet of vehicles, you will need commercial auto insurance. Your rates may be based on a number of factors, including the types of vehicles you are insuring and the risk of collisions in your city. You will want to include comprehensive coverage if you are concerned about the risk of vehicle theft.
  5. Workers’ compensation: Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured or become ill on the job. It is required for most Idaho employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary significantly depending on your industry.


  1. Lewiston, ID
  2. Business Insurance Common Coverage Options
  3. Property: In addition to severe weather events, accidental fires, and other disasters, property crimes like theft and arson can lead to large business losses if you do not have the right policies in place. The crime rate in Lewiston can affect your business insurance coverage rates.
  4. Commercial auto: If your business property includes a vehicle or a fleet of vehicles, you will be required to purchase commercial auto insurance. Your rates will be based on a number of factors, including the number and types of vehicles you are insuring and the risk of collisions in Lewiston. Adding comprehensive coverage can also protect you against losses caused by theft and other non-collision events like fires and floods.
  5. Workers’ compensation: Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured or become ill on the job. It is required for most Idaho employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary significantly depending on your industry.


  1. Post Falls, ID
  2. Business Insurance Common Coverage Options
  3. Property: Operating in a city with a relatively low crime rate, Post Falls businesses will pay lower rates for coverage against theft than businesses in more crime-ridden areas. You will also want to be sure to protect your business property from other risks such as severe weather, fire, and floods. 
  4. Commercial auto: If your business insurance includes a commercial auto policy, you will need to decide whether to add comprehensive coverage. This optional insurance covers against loss and damage due to non-collision events such as theft, vandalism, fire, floods, and falling objects.
  5. Workers’ compensation: Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured or become ill on the job. It is required for most Idaho employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary significantly depending on your industry.