Business Insurance in New Hampshire FAQ - Quick Answers

While you won't know your exact premiums for business insurance without quotes, you can take a look at the criteria carriers use to rate your policies below:

  • 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

While not every policy is required in order to operate a business, some are. In New Hampshire, you're required to carry workers' compensation insurance when you have one employee or more. A commercial auto policy is needed if you have any autos that are titled in the company name. As far as general liability, professional policies, and more, these policies usually aren't mandated by law, but are useful to consider for more protection.

Business insurance coverage will vary from entity to entity, but there are core policies that are common among business owners. Here are some policies that could apply to your operation:

In New Hampshire, general liability insurance is often the first policy you'll purchase. What is covered under this policy is listed below:

Health insurance for any small business is often optional. In New Hampshire, you are only required to offer health coverage when you have 50 employees or more. You may want to provide health insurance as an additional perk to your staff, and quotes can be done through your local independent agent

In New Hampshire, Nationwide, Hiscox, and Hanover insurance companies are rated among the best. This is due to their exceptional customer service and superior coverage offerings.

Do You Know What Your Business Insurance Covers in New Hampshire?

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
Bedford2,9080.480.09
Concord4,3321.131.06
Derry2,6160.650.29
Dover3,3151.190.44
Keene2,2981.351
Manchester8,4972.651.36
Merrimack2,1790.810.35
Nashua6,9230.90.6
Portsmouth3,9461.281
Rochester2,2293.521.17
Salem3,8770.840.68
  1. Manchester, NH
  2. Business Insurance Common Coverage Options
  3. Property: Though lower than the national average, the property crime rate in Manchester is higher than throughout much of the state. This makes it particularly important for you to ensure that business assets are sufficiently covered. In addition to covering against crime, your policy can also cover loss and damage due to hazards like inclement weather and accidental fires.
  4. Commercial auto: If your business owns a vehicle or a fleet of vehicles, you may benefit from having the added liability coverage that comes with a commercial auto insurance policy. Your rates will be based on several 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: Workers’ compensation insurance can pay for medical bills and lost wages if your workers are injured or become ill on the job. Rates are based on your company’s overall payroll and the potential risks faced by your employees according to their job classifications. 
  6. Some retail jobs, such as those at gas stations and convenience stores, carry more risks than others, such as those at dress shops. Likewise, the rate you would pay for workers in a manufacturing plant would be based on the specifics of what your company produces. 


  1. Nashua, NH
  2. Business Insurance Common Coverage Options
  3. Property: In addition to damage caused by severe weather events, property crimes like theft and arson can lead to expensive losses if you do not have sufficient business insurance. You will want to be sure that all of your business property is covered at levels that will allow you to rebuild, repair, or replace as needed.
  4. Commercial auto: Whether you are insuring a delivery van or a fleet of semi-trucks, opting to purchase commercial vehicle insurance can protect your company against losses related to liability risks and property damage. 
  5. Workers’ Compensation: Workers’ compensation insurance is required if your Nashua business has employees. This insurance can cover medical treatment, lost wages, and other costs associated with workplace injuries. Every workplace has unique risks and presents different hazards to its workers. That is why workers' compensation rates often vary significantly from one business to the next.
  6. Even within these industries, there can be a wide variance of rates depending on the specific jobs done by your employees and the risks associated with them. 


  1. Concord, NH
  2. Business Insurance Common Coverage Options
  3. Property: Theft, vandalism, and accidental fires can lead to large, costly business property losses. So can damage caused by Concord’s weather events like hailstorms, high winds, and severe storms. Fortunately, when you have the right business insurance in place, your company will be able to repair damage and continue to function without experiencing a large financial loss. 
  4. Commercial auto: Commercial auto insurance can protect your business from facing unmanageable liability damage if one of your drivers causes an accident in a company car. Rates are based on a number of factors like the types of vehicles you are covering. It costs far more to insure a 12-passenger van than a cargo van since your liability risks are greater when you have passengers. 
  5. Workers’ Compensation: Workers’ compensation insurance is designed to cover the cost of medical treatment, lost wages, and other expenses related to injuries or illnesses your employees may suffer while doing their jobs. It is required for all New Hampshire businesses that have employees. Workers' compensation rates are assigned according to your company’s overall payroll and the types of jobs your employees do.
  6. Rates can vary within these industries according to the actual jobs your employees do. The cost for covering employees in manufacturing jobs can vary from the average amount according to the type of manufacturing plant you own because some machines are more dangerous than others. Likewise, in the healthcare field, medical workers at a trauma unit have a higher risk of injury than those who work at a pediatric office. 


  1. Derry, NH
  2. Business Insurance Common Coverage Options
  3. Property: A sufficient amount of business property insurance can shield your company from losses related to hazards like accidental fires, property crimes, and severe weather events like high winds and freezing temperatures. 
  4. Commercial auto: You can't control other drivers, let alone criminals who may decide to break into your company car. If your Derry business owns a vehicle or fleet of vehicles, you may want to strongly consider carrying commercial auto insurance. Rates for coverage can vary according to the number and types of vehicles you are covering, as well as the risk of collisions and vehicle theft where your employees will be driving.
  5. Workers’ Compensation: Workers’ compensation insurance covers medical expenses and paid time off for employees who are injured or become ill on the job. If your Derry business has employees, you are required by law to have this insurance. Rates for coverage can vary significantly from one business to the next, depending on the types of jobs your employees do and your company’s overall payroll. 
  6. The construction industry has some of the highest rates of significant employee injuries. That is why the average cost for coverage is so much higher than it is for workers in the retail industry. Maintaining a safe work environment can help to keep your workers' compensation rates affordable.


  1. Dover, NH
  2. Business Insurance Common Coverage Options
  3. Property: Your business has probably invested a lot in its assets such as computers, furniture, tools, and supplies. Business property insurance can help cover the cost of repairing or replacing this property if it is lost or damaged by a covered event.
  4. Commercial auto: Many businesses in Dover have company-owned vehicles. If yours is among them, you may want to strongly consider insuring these cars, vans, or trucks with a commercial auto insurance policy. Doing so can prevent your business from facing a financially devastating lawsuit if one of your drivers causes a serious accident. 
  5. Workers’ Compensation: Workers’ compensation insurance covers medical bills and lost wages for workers who are injured in the course of doing their jobs. It is required for New Hampshire businesses that have employees. Rates for this coverage are assigned according to your company’s overall payroll amount and the types of jobs your workers do.
  6. Base rates are set by the state in accordance with the various hazards of each particular job. This means that employees in hazardous professions like manufacturing will cost more to cover than those with few risks, like cashiers. Maintaining a safe workplace and keeping accidents at a minimum can help lower your workers’ compensation premium.