As the Capital City of Louisiana, Baton Rouge is celebrated for its colorful history and soulful culture.1 Baton Rouge is also one of the best cities to start a small business in the United States.2 Whether you already own a small business or are looking to start one, it’s a good idea to get business insurance in Baton Rouge.
Having Louisiana business insurance
is essential because one lawsuit can put a small business out of business. With coverage tailored to your needs, Louisiana business owners can feel confident knowing they’re protected.
What Are the Most Common Types of Business Insurance for Baton Rouge Businesses?
Many small business owners in Baton Rouge, LA start with a Business Owner’s Policy (BOP)
. A BOP is a great option because it combines three key coverages:
Seguro general contra terceros
General liability insurance
can help protect your business and its assets in the event of a lawsuit for things like negligence, bodily injury, property damage, libel and slander. Without this liability coverage, you’d have to pay for these lawsuits out of pocket.
Seguro para propiedad comercial
Business property insurance, also called commercial property insurance
, helps protect your owned or rented building, plus the tools and equipment you use to operate. In Louisiana, requirements for this coverage will vary by city and coverage is not guaranteed by The Hartford.
Business Interruption Insurance
Business interruption insurance, also called business income insurance
, can help replace lost income if you can’t operate your business because of covered property damage.
Additional Types of Insurance Baton Rouge Businesses May Need
In addition to a BOP, you may need additional coberturas
to make sure your business operations are fully protected. Other types of Louisiana business insurance include:
Workers’ Compensation Insurance
Louisiana workers’ compensation insurance
, which gives your employees benefits to help them recover from a work-related injury or illness. Requirements and coverage vary by state, so be sure to check with your local laws.
Seguro de responsabilidad profesional
Seguro de responsabilidad profesional
, also called errors and omissions insurance, may help cover your legal costs if your business gets sued. This liability coverage could help protect your business if a customer claims that you were negligent in the professional services you provided.
Seguro comercial para automóviles
Commercial auto insurance
may help cover the costs of an auto accident if you or an employee is in a collision while driving a covered commercial vehicle for work. In Louisiana, small businesses who own company vehicles are required by law to have this coverage.
Seguro para la pérdida de datos
Data breach insurance, also known as cyber insurance
, can help protect your Louisiana small business from risks associated with a data breach if confidential information gets lost or stolen. Cyber insurance can also help cover your costs to notify impacted individuals and offer credit monitoring services.
Cost of Commercial Insurance in Baton Rouge
Business insurance costs
in Baton Rouge, LA can vary because each business is unique and has different needs. Our customers paid an average of $967 annually, or $80 a month, for business insurance coverage in Louisiana. For workers’ compensation insurance, customers in Louisiana paid an average of $1,069 annually, or about $89 a month.3
Insurance companies use numerous different factors to determine costs, including:
- Claims history
- Type of coverage
The best way to find out your business’ insurance cost in Baton Rouge is to get an online cita
. You can also use your local insurance agency
to get a quote.
Is Business Insurance Required in Louisiana?
In Louisiana, small businesses are required to carry certain types of business insurance. If you have any employees, your business will need to have Louisiana workers’ compensation insurance
as required by state law. Requirements vary by state, so be sure to check with your local laws. If your small business owns vehicles, you will need to have commercial auto insurance coverage
. While these are the minimum state-required coverages for Louisiana businesses, it’s a good idea for business owners to get additional coverage to make sure you’re fully protected.
Common Professions in Baton Rouge
Small business insurance protects your business from common claims that can come up during normal operations. We offer small business insurance coverage to many types of professions and industries. Some professions that we can help protect in Baton Rouge, LA include:
Get a Quote for Baton Rouge, Louisiana Business Insurance
We make it easy for you to get a business insurance cita
in Baton Rouge, LA. With a few clicks, small business owners can get a quote for the coverage they need in just a few minutes.
Somos una compañía de seguro que tiene el respaldo de más de 200 años de experiencia. We’ve helped over 1 million small business owners get the coverage they need. Our specialists understand the unique risks that small businesses face. So, whether you have questions about seguro de negocio
or need help with a claim, we’ve got your back.
Last Updated: November 16, 2023
1 Visit Baton Rouge, “Louisiana’s Capital City.”
2 WalletHub, “Best Large Cities to Start a Small Business.”
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.
Divulgaciones adicionales a continuación.