Business Insurance in Oregon

Choose The Hartford for Your Oregon Business Insurance Needs

More than 397,000 small businesses make up nearly all of the companies in Oregon. These small businesses employ over half of the workforce in the Beaver State.¹ It’s crucial for these companies to have the appropriate types of seguro de negocio in Oregon. From Portland and Eugene to Bend and Tigard, insurance coverage from The Hartford can help all kinds of small businesses throughout the state.

How Much Is Business Insurance in Oregon?

Our small business customers in Oregon pay an average of $823 a year, or about $69 a month, for a Business Owner’s Policy (BOP).² For workers' compensation insurance, our customers pau an average of $1,166 a year or about $97 a month.³

It’s important to remember that insurance costs vary because every business has unique needs. Insurers use several factors when determining costs, which can include:

Number of employees
Lugar
Coverage levels
Risk exposure

The best way to find out your specific cost is to obtener una cotización. We can work with you to understand your risks and get you the coverage you need.

Types of Oregon Business Insurance Offered

Oregon Business Owner’s Policy (BOP)

Many Oregon businesses have a BOP. It combines three essential types of coverage into one policy:

General liability insurance
Commercial property insurance
Business income insurance

A BOP can help if your Oregon business has:

The potential to get sued by customers or clients for bodily injury or property damage
A physical location
Physical or digital property that can get damaged or stolen

General Liability Insurance in Oregon

General liability insurance helps protect your business if someone claims it caused them bodily injury or property damage. It’s a coverage that many small businesses need because these types of claims can come up during normal business operations. General liability insurance in Oregon can also help cover claims of advertising injury, like libel or slander.

Oregon Workers’ Compensation Insurance

Oregon workers’ compensation insurance gives your employees benefits if they have a work-related injury or illness. It can help cover their medical bills, ongoing care costs and replace lost income if they can’t work. This insurance can also help protect you if your employee or their family sues you for their work-related injury or illness.

Commercial Auto Insurance in Oregon

Commercial auto insurance

helps protect you and your employees on Oregon roads if you’re driving company-owned vehicles for business. It can help cover claims of:

Bodily injury, like if you accidentally hit a pedestrian and they need medical attention.
Property damage, such as damages to another person’s car.
Collision if your employee totals your company vehicle while making a delivery.

You’ll want to get commercial car insurance in Oregon if you own trucks and cars for your business or allow your team to drive company vehicles for work.

Hired and Non-Owned Auto Insurance in Oregon

If you or your employees use your own personal vehicles for business, you may want to consider getting hired and non-owned auto insurance in Oregon. It can help cover bodily injury or property damage claims due to a car accident. A personal car insurance policy won’t cover these claims if you were driving for business reasons.

Oregon Business Income Insurance

Business income insurance helps replace your lost income if you can’t operate because of covered property damage due to:

Incendio
Viento
Robo

This is an essential coverage because it can help your Oregon business continue to pay for expenses while it’s closed, such as bills and payroll.

Oregon Professional Liability Insurance

Professional liability insurance helps protect your Oregon business if someone sues you for making a mistake in the professional services you’ve provided. This coverage is also known as errors and omissions insurance. Many types of Oregon businesses have this coverage, including consultants, accountants and technology professionals.

Oregon Liability Insurance Requirements

Oregon requires most employers to carry workers’ compensation insurance if they have one or more workers.

If you have a commercial auto insurance policy or hired and non-owned auto coverage, make sure it meets Oregon’s minimum liability insurance requirements:⁴

Bodily injury liability: $25,000/$50,000
Property damage liability: $20,000
Uninsured motorist liability: $25,000/$50,000
Personal injury protection (PIP): $15,000

Industries Covered by Business Insurance in Oregon

Our insurance coverages can help many kinds of businesses in Oregon. Some industries we help protect include:

Get Insurance Quotes in Oregon

When it comes to protecting your Oregon small business, it’s important to work with an insurance company you can trust. We’re backed by more than 200 years of experience and have helped 1 million small business owners.

We know every business is unique, and we pride ourselves on helping each one get the types of insurance they need. Reciba una cotización for your Oregon business insurance to learn how we can help protect your small business.

Additional Oregon Business Insurance Links

Última actualización: 9 de julio de 2024

¹ Small Business Administration, “2023 Small Business Profile: Oregon”

^{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.

⁴Oregon Driver & Motor Vehicle Services, “Insurance Requirements”

Divulgaciones adicionales a continuación.