Arkansas (AR) Business Insurance

Choose The Hartford for Your AR Business Insurance Needs

Arkansas is home to over 268,000 small businesses, making up 99% of companies in the state and employing more than 496,000 workers.¹

Whether you're opening a new small business or expanding, you need the right seguro de negocio to be successful. The Hartford has the right kind of insurance coverage to protect small businesses in Little Rock, Fayetteville, Springdale or anywhere in between.

How Much Is Small Business Insurance in AR Per Month?

Our small business customers in Arkansas pay an average of $989 a year, or about $82 a month, for a Business Owner's Policy (BOP).² For workers' compensation insurance, Arkansas business owners pay an average of $998 a year, or about $83 a month, with The Hartford.³

Your insurance costs may be different than the average. That’s because insurers can use several factors to determine insurance rates, such as location, claims history and annual revenue.

The best way to find out how much your specific business' insurance cost will be is to obtener una cotización.

Types of Arkansas Business Insurance Offered

Arkansas Business Owner’s Policy Insurance

Our BOP combines business property and liability insurance into one policy for your small business. It can help protect your business from damages caused by fire, burglary or other covered disasters. It also helps cover claims that your business caused:

Daños a la propiedad
Lesiones corporales
Personal and advertising injury

A BOP also includes business income insurance, which can help replace your lost income if you can't operate due to a covered loss.

Small business owners should consider a BOP if their AR business:

Has a physical location, like a home office or rented/owned space where you do business.
Could get sued by clients or customers. For example, a customer gets hurt in your place of business and goes to the hospital, suing you for their medical costs.
Owns physical and digital assets that can be damaged or stolen, like digital hardware and software, tools, inventory, furniture, customer information and other data.
We make it easy for you to customize a BOP to fit your business' unique needs by adding other coverage options.

Arkansas Professional Liability Insurance

Professional liability insurance, also known as errors and omissions insurance, can help cover claims related to:

Negligence
Misrepresentation
Inaccurate advice

Someone can sue your business if they believe you made a mistake in the professional services given to them. Without coverage, you'd have to pay your legal costs out of pocket, such as judgments, settlements and attorney fees.

A few examples where professional liability insurance can help include a:

Interior design firm failing to provide the agreed upon services for a client.
Contaduría firm providing inaccurate financial advice to a client.
Graphic design company incorrectly designing a client’s website the way they expected.

Arkansas Workers Compensation Insurance

Arkansas workers’ compensation insurance, also known as workman’s compensation insurance, gives your employees benefits to help them recover from work-related injuries or illnesses. Arkansas requires businesses with three or more employees to have workers’ compensation insurance.⁴

This insurance can help cover an employee's:

Atención médica
Lost wages
Funeral costs

If the family of an employee decides to sue your Arkansas business, this insurance can help cover the legal costs.

Arkansas General Liability Insurance

General liability insurance helps protect your Arkansas business from claims that it caused bodily injury or property damage to others. This coverage is also known as commercial general liability insurance and business liability insurance.

Commercial Property Insurance AR

Commercial property insurance helps protect your owned or rented building, tools, equipment and inventory that you use to operate. It’s one of the three types of coverage included in a BOP. Commercial property insurance can help cover claims of damage due to:

Robo
Incendio
Viento
Burglary

Arkansas Commercial Umbrella Insurance

Arkansas commercial umbrella insurance offers liability coverage to protect you against the cost of claims that are higher than your primary insurance policy. It gives your business another added layer of protection. Without commercial umbrella insurance, you’ll have to pay the cost of claims that exceed your primary policy limits out-of-pocket.

Arkansas Minimum Business Insurance Requirements

Arkansas requires businesses with at least three employees to carry workers' compensation insurance.⁵ However, there are exemptions to this requirement. You can find out more information about Arkansas workers' compensation from the state's Department of Labor and Licensing website.

Arkansas also has minimum required liability limits for car insurance. If you have a commercial auto insurance policy or hired and non-owned auto coverage, it must comply with this requirement. Arkansas requires at least:⁶

Bodily injury liability: $25,000/$50,000
Property damage liability: $25,000

Remember, these are the minimum required limits. You can get more coverage to provide fuller protection while on the road.

Get a Quote for Arkansas Business Insurance

We're not like other insurance companies. We have more than 200 years of experience and understand the unique risks that businesses face. We can work with you to understand your needs and make sure you get the right insurance. Reciba una cotización today and see how The Hartford can help protect your Arkansas business.

Additional Arkansas Business Insurance Links

Última actualización: 9 de julio de 2024

¹Small Business Administration (SBA), “2023 Small Business Profile: Arkansas.”

^{2, 3} Premium amounts presented are based on monthly premium paid by The Hartford's Small Business customers between 1/1/22 and 9/14/23 for 12-month policies. Premium is derived from a number of factors specific to your business and may vary.

^4,5Arkansas Workers’ Compensation Commission, “Basic Facts About Workers’ Compensation in Arkansas.”

⁶Arkansas Insurance Department, “Consumer FAQs.”

Divulgaciones adicionales a continuación.