Ohio Business Insurance FAQ - Quick Answers

While you can't know your exact costs for Ohio commercial coverage without quotes, you can understand what impacts them 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

Ohio business insurance is mandatory for workers' compensation coverage when you have employees, and commercial auto insurance when you have company vehicles. All other policies are not usually required by law but are necessary to avoid financial losses.

Every Ohio business will have different needs when it comes to coverage. However, there are foundational policies that will apply. Here are some policies that business owners commonly choose:

General liability coverage in Ohio is necessary if you want to avoid major loss. Check out what it covers below:

When your Ohio business needs health insurance, you'll have options through a local independent insurance agent. However, in Ohio you won't have to offer health coverage to your team if you're under 50 employees. 

In Ohio, Nationwide, Hanover, and Travelers are rated among the best for commercial insurance. This is due to their superior customer service and coverage offerings that suit your business needs.

Do You Know What Your Business Insurance Covers in Ohio?

Find the Best 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. businessesBurglaries / 1,000 peopleAuto thefts / 1,000 cars
Cleveland Heights5822.381.47
Cuyahoga Falls1,1001.870.57
Upper Arlington7191.450.42