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
  1. Grosse Pointe, MI
  2. Business Insurance Common Coverage Options
  3. Property: The property crime rate in Grosse Pointe is higher than the national average, which means your commercial property insurance may be more expensive.
  4. Commercial Auto: If your business owns a vehicle or a fleet of vehicles, you will need commercial auto insurance. The auto theft rates in the area may not be of big concern, but things can happen unexpectedly. Comprehensive coverage is one option for dealing with things other than collisions.
  5. Workers’ Compensation
  6. Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured on the job. It is required for most Michigan employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary so significantly depending on your industry.
  7. Based on a $100,000 annual payroll, here is what the workers' comp costs for the two leading industries in Grosse Pointe, MI look like.
  8. Retail Trade Industry, $1,310/year 
  9. Professional, Scientific and Technical Services Industry, $85/year
  10. Each of these businesses has its own risks when it comes to what kind of injuries their employees can encounter. Keep this in mind when shopping for commercial insurance.


  1. DeWitt, MI
  2. Business Insurance Common Coverage Options
  3. Property: Property crimes like theft and arson can lead to large business losses if you do not have the right insurance. You may have a very low probability of encountering a property-related crime in DeWitt, some form of coverage may be useful to most.
  4. Commercial Auto: Your commercial auto insurance rates will be based on a number of unique factors. If your company uses or owns vehicles, make sure you're adhering to requirements and have comprehensive protection for your cars and drivers alike while on the road and in the event of a theft or criminal act.
  5. Workers’ Compensation
  6. Every business insurance policy comes standard with workers’ compensation insurance. If the workers’ compensation cost for your business is higher than average, this could add to your overall business insurance cost.
  7. Based on a $100,000 annual payroll, here is what the workers' comp costs for the two leading industries in DeWitt, MI look like.
  8. Public Administration Industry, $130/year 
  9. Professional, Scientific and Technical Services Industry, $85/year
  10. Each industry and business is different. Employees in each industry may encounter various risks, and your business needs to know what to protect against.


  1. Charlotte, MI
  2. Business Insurance Common Coverage Options
  3. Property: The crime rate in Charlotte can affect how much you pay for commercial property insurance. It's important to consider that, 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.
  4. Commercial Auto: Does your business own a vehicle or a fleet of vehicles? If so, you will need commercial auto insurance. But 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 your city.
  5. Workers’ Compensation
  6. Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured on the job. It is required for most Michigan employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary so significantly depending on your industry.
  7. Based on a $100,000 annual payroll, here is what the workers' comp costs for the two leading industries in Charlotte, MI look like.
  8. Manufacturing Industry, $3,450/year
  9. Retail Trade Industry, $1,310/year
  10. It's fairly obvious that an employee at a manufacturing facility has a greater risk of experiencing an injury than an employee at a clothing store. That's why the numbers above vary so greatly. Each business and industry has its own unique risks, so you need workers' comp coverage that protects against them, specifically.


  1. Clarkston, MI
  2. Business Insurance Common Coverage Options
  3. Property: Severe weather events can arise and damage property without warning. But property crimes like theft and arson can also lead to large business losses if you do not have the right insurance. The crime rate in the area can affect your coverage rates, so it's important to pay attention to the biggest threats you face so you're prepared.
  4. Commercial Auto: Accidents and break-ins happen. If your business owns a vehicle or a fleet of vehicles, you should look at commercial auto insurance. Remember that your rate will depend on a number of unique factors.
  5. Workers’ Compensation
  6. Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured on the job. It is required for most Michigan employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary so significantly depending on your industry.
  7. Based on a $100,000 annual payroll, here is what the workers' comp costs for the two leading industries in Clarkston, MI look like.
  8. Manufacturing Industry, $3,450/year 
  9. Educational Services Industry, $270/year
  10. Both of these industries, and all industries as a matter of fact, have their own risks to consider when it comes to their employees. 


  1. Fenton, MI
  2. Business Insurance Common Coverage Options
  3. Property: Unfortunately, businesses in Fenton are more likely to experience property damage than other businesses around the state. Property crimes like theft and arson can happen without warning and can lead to large business losses if you do not have the right insurance. 
  4. Commercial Auto: Your company's commercial auto insurance rate will be based on a number of factors such as the number and types of vehicles you are covering, the risk of collisions while on the road, and the average rate of vehicle theft in your city. Make sure that you're protected against them all if something goes wrong.
  5. Workers’ Compensation
  6. Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured on the job. It is required for most Michigan employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary so significantly depending on your industry.
  7. Based on a $100,000 annual payroll, here is what the workers' comp costs for the two leading industries in Fenton, MI look like.
  8. Manufacturing Industry, $3,450/year 
  9. Professional, Scientific and Technical Services Industry, $85/year
  10. Although these are the main players, each industry has its own risks to keep in mind when looking at insurance, especially when it comes to workers' compensation coverage.


  1. Flushing, MI
  2. Business Insurance Common Coverage Options
  3. Property: Property crimes like theft and arson can lead to large business losses if you do not have the right insurance. And since the crime rate in Flushing can affect your coverage rates.
  4. Commercial Auto: If your business uses any type of vehicles, you will need some form of coverage for them. Take note that your rates will be based on a number of factors, which means you'll receive something customized and unique to you.
  5. Workers’ Compensation
  6. Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured on the job. It is required for most Michigan employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary so significantly depending on your industry.
  7. Based on a $100,000 annual payroll, here is what the workers' comp costs for the two leading industries in Flushing, MI look like.
  8. Manufacturing Industry, $3,450/year
  9. Retail Trade Industry, $1,310/year
  10. No matter what industry you're in, workers' compensation coverage will vary from one business to another. You have unique risks, and you should remember that employees in the manufacturing world will experience more threats than those in retail. 


  1. Holt, MI
  2. Business Insurance Common Coverage Options
  3. Property: A number of events can damage your business's physical property, but crimes like theft and arson can lead to huge business losses if you do not have the right insurance. Make sure that you're completely protected against the risks in Holt.
  4. Commercial Auto: If you need commercial auto insurance, your monthly rate will be based on a number of factors, including the number of cars you have, their makes and models, and the average amount of vehicle theft in your area. 
  5. Workers’ Compensation
  6. Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured on the job. It is required for most Michigan employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary so significantly depending on your industry.
  7. Based on a $100,000 annual payroll, here is what the workers' comp costs for the two leading industries in Holt, MI look like.
  8. Manufacturing Industry, $3,450/year
  9. Public Administration Industry, $130/year 
  10. Other businesses in the area have just as much employee-related risk and need just as much workers' compensation coverage. It varies from industry to industry and business to business, so make sure that you're completely covered to protect yourself from an unexpected employee injury.


  1. Mt. Pleasant, MI
  2. Business Insurance Common Coverage Options
  3. Property: Crime rates in this area aren't too outrageous in Mt. Pleasant, but burglaries can happen when you least expect it. If a property crime like a theft or arson happens, don't pay for damage and repairs out of pocket. Get properly insured and protect your business's physical property.
  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 your city.
  5. Workers’ Compensation
  6. Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured on the job. It is required for most Michigan employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary so significantly depending on your industry.
  7. Based on a $100,000 annual payroll, here is what the worker's comp costs for the two leading industries in Mount Pleasant, MI look like.
  8. Educational Services Industry, $270/year
  9. Accommodation and Food Services Industry, $1,690/year
  10. These business industries, as well as others like entertainment, manufacturing and health care, all have their own risks. Employees need safeguarding and so does your business if one of your employees suffers a work-related injury or illness. Workers' compensation can keep you protected if something like that happens.


  1. Ortonville, MI
  2. Business Insurance Common Coverage Options
  3. Property: Property crimes like theft and arson can lead to large business losses. That's why you need the right commercial insurance policy to protect you against these risks. 
  4. Commercial Auto: The risk of vehicle theft isn't bad in this area, but if your company owns a vehicle or two, 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, so keep in mind that your rate will vary from business to business and carrier to carrier.
  5. Workers’ Compensation
  6. Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured on the job. It is required for most Michigan employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary so significantly depending on your industry.
  7. Based on a $100,000 annual payroll, here is what the workers' comp costs for the two leading industries in Ortonville, MI look like.
  8. Manufacturing Industry, $3,450/year
  9. Retail Trade Industry, $1,310/year
  10. The risks that an employee has in a factory are much different from the risks an employee has in the retail trade industry. Workers' comp takes these differences into consideration.


  1. Rogers City, MI 
  2. Business Insurance Common Coverage Options
  3. 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. That's why you need the right coverage that will give you a financial backup plan if something unexpected happens.
  4. Commercial Auto: It's rare to encounter a vehicle-related theft or burglary in Rogers City. When you look at commercial auto insurance options, your rates will be based on a number of unique factors.
  5. Workers’ Compensation
  6. Workers’ compensation insurance pays for medical bills and lost wages for workers who are injured on the job. It is required for most Michigan employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary so significantly depending on your industry.
  7. Based on a $100,000 annual payroll, here is what the workers' comp costs for the two leading industries in Rogers City, MI look like.
  8. Accommodation and Food Services Industry, $1,690/year
  9. Manufacturing Industry, $3,450/year
  10. There are a number of factors to take into account when you consider your workers' compensation coverage. Each industry and each business is unique, with their employees facing various risks. If an employee is injured while on the job or suffers from an illness due to work, you need to have financial protection for medical bills and any legal costs.