Business Insurance in Michigan FAQ - Quick Answers

For exact costs on commercial coverage, you'll need to obtain quotes. The factors that impact your Michigan small business insurance premiums are as follows:

  • 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

In Michigan, you are legally required to carry workers' compensation insurance when you have 3 or more employees. And if you have any company-owned autos, those will need to be insured at state minimum liability limits.

Your business insurance in Michigan can cover a multitude of risks, but each policy is individualized to meet your operation's needs specifically. Here are some policies that could apply to your business:

There are numerous small business liability coverage options in Michigan. Check out the most used below:


Each small business can obtain health insurance for its employees. In Michigan, you're only legally required to offer health coverage when you have a staff of 50 or more. A local independent insurance agent can quote different scenarios for your operation. 

There are multiple carriers that you can obtain small business coverage through. In Michigan, Nationwide, Progressive, Hanover, and Travelers are highly ranked when looking for protection. This is due to their custom coverage and superior claims service. 

Do You Know What Your Business Insurance in Michigan Covers?

Find the Best Business Insurance in Your City

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
Adrian1,2704.620.84
Ann Arbor11,9821.61.12
Birmingham4,4930.930.33
Brighton1,2821.040.39
Charlotte6872.21.32
Dearborn10,5192.142.83
Detroit61,86810.2810.38
East Lansing2,5422.363.42
Novi6,2170.340.44