Business Insurance for Entrepreneurs

Fast, affordable coverage from America’s
leading small business insurer.

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Why do entrepreneurs need insurance?

Being an entrepreneur is a dream for many. You can be independent and do things on your own. Whether it's building your brand or fighting social injustice, you can really carve out a name for yourself. However, going it alone makes you vulnerable to all kinds of potential lawsuits that can cut into your profits. You need insurance that’s customized to your specific business risks. 

Let's face it. As a self-employed entrepreneur, there's enough on your plate. You spend your days finding new clients and then doing all of the work. And then there are the administrative tasks. That's why you can't afford a lawsuit. Here's an example. 

You have an accounting business, and you visit a client’s home to work on their taxes. As you take out your laptop, you drop it and damage the client’s floor. They can sue for the cost to repair or replace the floor. 

In another example, you work as a personal trainer and have a home gym. Some fitness entrepreneurs mistakenly believe their homeowner's insurance is adequate coverage. However, if a client falls in the home gym and has to go to the hospital, they could sue for medical expenses and loss of income. What's more, a typical homeowners policy won't cover damages or losses outside of your home, and your policy probably excludes liability coverage for any business-related activity. Fortunately, your Hiscox liability insurance can cover medical costs, damages and legal fees. 

At Hiscox, we offer entrepreneurial insurance to fit your specific industry risks. Your coverage is around-the-clock protection, whether you're at fault or not.  

Insurance policies available for entrepreneurs:

Businesses typically select from three basic insurance policies. These policies offer unique protections to help you mitigate your risks.

Professional Liability Insurance for entrepreneurial businesses

Professional Liability Insurance is sometimes called an errors and omissions or E&O policy. The coverage protects against lawsuits claiming negligence or personal injury (like slander or libel). 

As an example, suppose you’re a business consultant and a client hires you to make recommendations on how they can improve their declining sales. The client implements some, but not all, of your recommendations, but sales continue to decline. The client sues you, claiming that you gave bad advice. Even if the suit has no merit, your professional liability insurance will protect you. 

General Liability Insurance for entrepreneurial businesses

General liability is also known as commercial general liability (CGL). It protects you from claims so they won't cause financial business disruptions. General liability covers property damage, medical expenses and defense costs. There's also protection from advertising and personal injury. 

Let's say you accidentally knock over a prized possession in a client's home and they sue for damages. Your CGL can cover these costs. Because there are all kinds of risks, Hiscox offers the best insurance products to fit your needs. Learn more about general liability insurance costs. 

Business Owners Policy (BOP) for entrepreneurial businesses

A business owners policy (BOP) combines business property coverage with general liability. Whether you're a college student with a new t-shirt design business or a mompreneur with a new Instagram startup, you’ll have coverage in place to protect your business assets. And, if your computer is stolen, or a client slips and falls in your home office, you have adequate protection against losses. 

When you're ready to expand your services, ask an agent about add-ons and riders. We make it simple for professionals like you to find the right insurance products.

Why do entrepreneurs choose Hiscox?

Entrepreneurs work hard to grow their businesses. There are long hours, work on weekends and a commitment to exceed even when others can't see your vision. That's why you can't afford even a single lawsuit. Hiscox liability insurance for business owners can save you time and money. With a simple and free application process, you can receive your insurance documents electronically the same day.

Other benefits Hiscox offers include:


  • Claims responsiveness: We immediately assign a dedicated claim representative to you.
  • Convenient payment plans: Set up auto-debit, monthly payments with no fees.
  • Coverage for contracts: Our insurance coverage satisfies most standard contract insurance requirements.
  • Custom insurance: We can customize your policy specific to your industry and risks.
  • Customer satisfaction: Our helpful agents are here for you. We offer the highest standard in service and our customer satisfaction rate is 4.8/5.
  • Worldwide insurance coverage: With Hiscox, you can work globally. When filing claims, simply file them in the U.S., a U.S. Territory or Canada.

In today's litigious world, you can't control the types of risks and lawsuits your business faces. A customer can sue if you give them bad advice. A client or customer can injure themselves on your property or at your location. An employee can have expensive computer equipment stolen or damaged when traveling. That's why we make it easy for entrepreneurs to protect their businesses and avoid unnecessary costs. Let Hiscox help you confidently build your business.

With Hiscox backing you, you can focus on success. Get a free quote now and if you have any questions, call us at 1-866-283-7545. Our team of licensed agents is available Monday – Friday, 7am – 10pm ET.

Hiscox Customer Reviews

Hiscox rated 4.7/5
Rated 4.7/5

Vincente, Los Angeles, CA 

“Great customer service on the personal and business side” 

I'm very happy with my experience both personal and business wise with Hiscox


James, St. Augustine, FL

“Beyond EASY” 

very convenient and extremely easy. The employees on the telephone are very helpful


Dan, St Paul, MN 

“Very helpful and friendly service. Answered all of my questions. I would recommend their services” 


Glenda, Fort Worth, TX 

“I will definitely recommend Hiscox to my colleagues.” 

I was completely blown away by the level of quality customer service. I was given a quote based on my needs and was able to complete the process on the first call. 


Kevin, Salina, KS

“No Complaints – Hiscox Rocks” 

I appreciated the experience I had with the Hiscox's representative. He was very informative and thorough. He reviewed my policy and answered my questions to my satisfaction. I will be happy to recommend Hiscox's to anyone. Overall my experience was good!


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This information is provided to assist you in understanding the coverage we offer and does not modify the terms and conditions of any insurance policy, nor does it imply that any claim is covered. Coverages are subject to underwriting and may not be available in all states.