Business Owners Insurance The Right Way.
You’ve built something worth protecting—make sure it’s covered from every angle. Business Owners Insurance combines property, liability, and more into one smart policy, so you can stay focused on running your business with confidence.
THE FIRSTMARK CHALLENGE
A better way to review coverage.
Four simple steps. Zero obligation.
Have A Conversation.
We shop the markets.
Review the results.
You decide.
- Licensed in 39 states
- 20+ Insurance Carriers
- Headquartered in Edmonds, WA
- Independent & Unbiased
A better way to review coverage.
The Firstmark Challenge
Our simple, guided process makes reviewing your insurance easy. We take the time to understand your needs, compare options across top carriers, and present clear results—so you can make a confident decision.
01
Have A Conversation
02
We Shop The Markets
03
Review The Results
04
You Decide!
Owning a Business is Complex—Your Insurance Shouldn’t Be
With FirstMark Insurance’s dedicated team, you get local experts comparing coverage from over 20 insurance carriers to build a Business Owners Policy that protects your property, liability, and operations—at the most competitive price available.
Business Owners Insurance
Running a small business involves a significant investment in time and money. Business owners insurance, also called a BOP, protects your investment by minimizing financial risks associated with unexpected events such as the death of a partner, an injured employee, a lawsuit, or a natural disaster.
Unless you are an employer, business insurance is generally not required by law, however, it is common practice to purchase enough insurance to cover your assets. If your business is an LLC or a corporation, your personal assets are protected from business liabilities; however, neither business structure is a substitute for liability insurance, which covers your business from losses.*
Typically, a business owners insurance policy combines property, liability and business interruption coverage all into one easy policy for small to medium-sized businesses. By packaging these coverages together, you will generally results in a discount in your premium.
Business owners’ insurance offers complete coverage for your small to medium sized business and is best suited for companies with less than 100 employees and/or less than $5 million in revenue. BOP insurance combines several types of insurance together into one cost-savings package. With completely customizable coverage options, we can fit the package to your specific needs.
In addition to a business owners policy, property insurance, liability insurance, and additional types of insurance are available through our agency.
- Property claims
- Equipment breakdown
- Income loss
- Professional liability claims
- Products and completed operations claims
- Fire legal liability claims
- Premises liability claims
Supplemental coverages are also available. Call us today to discuss specifics of your business.
FAQs
What does business insurance cover?
Business insurance isn’t a specific coverage. It’s a term used to describe one or more individual coverages that protect small businesses. The range of protection depends on the specific coverages a business carries. For example, “business insurance” can refer to single coverage, such as general liability, but it can also include many more.
Which coverages do I need?
Each business has unique needs, but nearly all should consider general liability. It’s the most common coverage, protecting businesses against a wide variety of situations involving third-party injuries or property damage (e.g. slip and falls, broken windows).
If you or your employees drive for work-related tasks, you’ll probably need commercial auto insurance. Most states require that you carry workers’ compensation if you have employees.
Why do I need business insurance?
You need it to protect against severe financial loss. Without it, your business could be crippled by a single incident. For example, a customer was injured and you’re legally responsible. Without insurance, the medical bills and legal fees could become impossible to afford. Don’t let this happen to you.
Do I need business insurance if I’m a sole proprietor?
Yes. As a matter of fact, sole proprietors are personally responsible for their business’s debts. This means their personal assets, such as bank accounts or property, might be targeted to satisfy an outstanding business debt. Accidents are unavoidable, but the financial impact they can cause is something you should plan for no matter how small your business is.