Business Insurance in Wisconsin FAQ - Quick Answers

For exact pricing on business insurance in Wisconsin, you'll need custom quotes. Here are the risk factors carriers use when rating your commercial coverage: 

  • 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

You will be required by law to carry two policies if they apply to your Wisconsin business operations as follows: 

Business insurance will vary from entity to entity, but the ones below are specific foundational policies that will apply to most:

In Wisconsin, general liability insurance is usually your first policy purchased as a business owner and it covers your operation in the following manner:

Health insurance plans for your Wisconsin business are optional if you have less than 50 employees. If you're looking for the best health coverage and rates to offer your staff members, then a local independent insurance agent can help for free.

In Wisconsin, Hiscox, Travelers, and Hanover are rated among the best commercial insurance carriers. This is due to their robust coverage and superior customer service for business owners.

Do You Know What Your Business Insurance Covers in Wisconsin?

Find the Best Business Insurance in Your City

How does your city measure up to the national average?

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
Appleton5,7141.430.75
Eau Claire5,2413.640.94
Fond du Lac3,2381.370.96
Green Bay7,0222.331.18
Janesville4,6852.120.67
Kenosha5,8371.881.72
La Crosse3,7304.381.22
Madison20,71442.09
Milwaukee38,0176.085.84
Oshkosh3,6753.190.89
Racine4,6462.741.24
Sheboygan2,6891.830.39
Waukesha4,9381.060.52
Wauwatosa4,6671.811.34
  • Milwaukee, WI
  • Business Insurance Common Coverage Options
  • Property
  • Milwaukee sees its fair share of inclement weather. Occasionally, this city can be hit by damaging hailstorms. This type of weather can cause damage to area homes, businesses, and vehicles. Businesses that are covered by commercial property insurance are reimbursed for their losses.
  • Commercial Auto
  • If your business owns a vehicle or a fleet of vehicles, you may find it beneficial to have the added liability coverage that comes with this required insurance. Your rates will be based on several factors, including the number and types of vehicles you are covering, the risk details about the employees who will be driving them, and the number of collisions and vehicle thefts in your city.
  • Workers' Compensation
  • Workers' compensation insurance can pay for medical bills and lost wages if your workers suffer an occupational illness or are injured on the job. Rates are based on your company’s overall payroll and the potential risks faced by your employees according to their individual job classifications. This insurance is required of all businesses with at least three employees.


  • Madison, WI
  • Business Insurance Common Coverage Options
  • Property
  • Tornadoes pose a significant threat in the Madison metropolitan area. This type of severe weather can leave a significant amount of destruction in its wake. Commercial property insurance is designed to cover your business assets against loss or damage due to covered events like tornadoes.
  • Commercial Auto
  • Whether you are insuring a delivery van or a fleet of construction trucks, commercial vehicle insurance can protect your company against losses related to liability risks and property damage.
  • Workers' Compensation In Wisconsin, workers' compensation insurance is required by law if your business employs at least three workers. It not only protects your employees from financial losses related to workplace injuries, but it can also shield your business from potential liability lawsuits related to these injuries.


  • Green Bay, WI
  • Business Insurance Common Coverage Options
  • Property
  • Your company’s commercial property insurance will cover damage caused by a number of severe weather events, including storms. However, this insurance will not cover the flood damage that often accompanies torrential downpours.
  • Commercial Auto
  • Commercial auto insurance can protect your business from facing unmanageable liability costs if one of your drivers causes an accident while operating a company-owned vehicle. Rates can be influenced by the driving records of the employees who will be operating the vehicles and by the types of vehicles you are covering. Vans and buses used to transport people have high liability risks, as do trucks that carry hazardous materials. 
  • Workers' Compensation
  • Worker's 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 any business that employs at least three people in Wisconsin. Workers' compensation rates are assigned according to your company’s overall payroll, the types of jobs your employees do, and the likelihood that they will be injured while doing them.


  • Kenosha, WI
  • Business Insurance Common Coverage Options
  • Property
  • Your business has 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 such as a major winter storm or blizzard, or because of freezing pipes. 
  • Commercial Auto
  • Accidents happen, even to the best drivers. This is particularly true in the winter when roads in Kenosha can be hazardous. That is why, if your business owns a vehicle or fleet of vehicles, you will be required to carry commercial auto insurance. Rates for these policies 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. 
  • Workers' Compensation
  • Workers' compensation insurance covers medical expenses and paid time off for employees who are injured on the job. In addition to protecting your employees, it can shield your company from liability lawsuits related to these injuries. In Wisconsin, all businesses with at least three employees 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.


  • Racine, WI
  • Business Insurance Common Coverage Options
  • Property
  • It is important that you fully insure your business property so that if a major disaster like a fire causes complete destruction of all your company assets, you will have sufficient funds to rebuild and replace them so you can resume normal business operations quickly and without suffering large financial losses. 
  • Commercial Auto
  • Many businesses in Racine have company-owned vehicles. If yours is among them, you will need to insure these cars, vans, buses, or trucks with a commercial auto insurance policy. Doing so can prevent your business from facing a financial loss if one of your drivers causes a serious accident and your business is sued.
  • 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 of all businesses in Wisconsin that have at least three employees. This insurance not only protects your employees from financial losses related to work injuries, but it can also prevent your company from facing expensive lawsuits. Rates for this coverage are assigned according to your company’s overall payroll amount and the types of jobs your workers do.