Louisiana Business Insurance

Choose The Hartford for Your Louisiana Business Insurance Needs

Louisiana has more than 464,000 small businesses, making up 99% of all businesses in the Pelican state.¹ These businesses employ more than 898,000 people, or nearly 53% of all employees in Louisiana.² Whether you've been around a while, are just starting out, or are planning to expand, every small business needs the right insurance to stay successful.

The Hartford ofrece seguro de negocio to companies throughout Louisiana, including Shreveport, New Orleans, Baton Rouge and more. Learn about the Louisiana business insurance coverage that can help protect you.

How Much Is Louisiana Business Insurance?

The Hartford's small business customers in Louisiana pay an average of $967 a year, or about $81 a month, for a Business Owner's Policy (BOP).³ For workers' compensation insurance, our customers pay an average of $1,069 a year, or about $89 a month.⁴

Insurance costs vary because every business has unique needs and insurance companies use different factors to determine rates. This can include your business' claims history, location, revenue, payroll and industry. The best way to find out how Louisiana business insurance will cost you is to obtener una cotización.

Types of Louisiana Business Insurance Offered

Business Owner’s Policy (BOP)

For small business owners in Louisiana, a BOP is a good starting point for insurance. It includes three types of coverage under one policy:

General liability insurance
Business income insurance
Commercial property insurance

A BOP helps protect your business from claims of property damage due to fire, theft or wind. and helps cover certain liability claims involving bodily injury or property damage.

Consider a BOP if your Louisiana business:

Has a physical location such as a storefront or office that is rented or owned.
Can get sued by a customer in your store or an employee in your office.
Has property that can be stolen or damaged including office supplies and furniture, customer data, cash or inventory.

Seguro general contra terceros

Seguro general contra terceros helps protect the owned or rented building, equipment, tools and inventory that you use to operate your business in Louisiana. If your business property gets damaged or destroyed from a covered loss, this coverage can help pay to fix or replace it.

Seguro para ingresos comerciales

Business income insurance helps replace your lost income if you can't operate because of covered property damage. This coverage can help pay operational expenses, such as:

Tax payments
Mortgage or rent payments
Nómina de Sueldos
Loan payments

Louisiana Commercial Flood Insurance

Seguro comercial contra inundaciones helps protect your Louisiana business from the costs that stem from floodwater damage. A commercial flood insurance policy will not only help protect the location of your business, but also the physical contents. It's designed to help protect your Louisiana small business if your floors, walls, ceilings, equipment, fixtures, furniture, inventory and business property sustains floodwater damage.

Consider commercial flood insurance if:

You run your Louisiana business in an area that has heavy winter snowfall, which can lead to commercial flooding due to snowmelt.
Your Louisiana business operates in an area with moderate rainfall throughout the year. Even with average rainfall, a drain could become clogged, and water can overflow into your property causing severe flood damage.

Louisiana Workers' Compensation Insurance

Louisiana workers' compensation insurance, also known as workman's comp insurance, gives your employees benefits if they have work-related injuries or illnesses. This type of insurance can help pay for their medical care, replace lost wages if they can't work, and more.

Workers' compensation insurance can help protect your employees if they:

Accidentally start a grease fire in your restaurant kitchen while cooking for guests, injuring herself and requiring an emergency room visit and weeks of recovery time.
Return to the office from a client meeting and get hurt in a car accident and require medical attention.
Injure their back moving office furniture and require a physician’s attention, medication and weeks of physical therapy.

Seguro comercial para automóviles

If your Louisiana business owns vehicles that are used for business, a el seguro comercial para automóviles policy is a good idea to have. It can help protect you and your employees on the road. If your business causes a car accident, this insurance can help cover claims of bodily injury or property damage.

Hired and Non-Owned Auto Insurance

If you or your employees use personally owned vehicles for business, consider getting hired and non-owned auto insurance. It's similar to a commercial auto insurance policy and can help cover claims of property damage or bodily injury from a car accident. This coverage is also helpful if your Louisiana business rents vehicles for work.

Louisiana Minimum Business Insurance Requirements

Louisiana state law requires that all employers with at least one employee obtain and maintain workers' compensation insurance. This includes part-time, full-time, temporary or seasonal employees. There are a few exemptions to this law. For example, business owners and certain officers of a corporation may choose to exempt themselves from a workers' compensation insurance policy if they own at least 10% of the company.⁵ You can learn more about Louisiana's workers' comp requirements on the Louisiana Workforce Commission website.

If you have a commercial auto insurance policy or hired and non-owned auto coverage, you'll need to make sure it complies with Louisiana's requirements for liability limits. Your coverage should have at least:⁶

Bodily injury liability: $15,000/$30,000
Property damage liability: $25,000

Additional Louisiana Business Insurance Links

Última actualización: 16 de julio de 2024

^1,2 U.S. Small Business Administration, "2023 Small Business Profile: Louisiana."

^3,4 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.

⁵ Louisiana Workforce Commission, "Employers Coverage FAQs."

⁶ Louisiana Department of Insurance, "Consumer's Guide to Auto Insurance."

Divulgaciones adicionales a continuación.

Louisiana (LA) Business Insurance