#Auto financial calculators professional#

It provides errors and omissions coverage-insurance that protects freelancers from lawsuits or damages resulting from mistakes or negligence-for part-time freelancers that work 26 hours per week or less and earn less than $250,000 in revenue per year.

Part-time freelancing coverage: Nationwide has also developed coverage specifically for part-time freelancers.

Accounts receivable: This form of coverage is particularly beneficial to freelancers that directly invoice clients for work it provides protection against losses if you’re unable to collect payments from a client.

Why we chose it: We chose Nationwide as the best insurance option for freelancers because it offers unique coverage options, including accounts receivable insurance and coverage for part-time freelancers. For example, you cannot buy commercial auto coverage through this site, so any business looking for coverage for delivery trucks or transport vehicles won’t be able to purchase the insurance they need unless they work with a Chubb agent. However, this website doesn’t include all types of business insurance. For small-business owners with revenue under $1 million, Chubb has products tailored to your needs on a separate website,.

#Auto financial calculators professional#

Plus, Insurance Business Magazine named Chubb as a five-star carrier for its professional liability claims process.Ĭhubb also has an A++ rating from credit agency AM Best for financial stability-the highest possible rating-so you can be confident that Chubb will be able to pay out claims for years to come.Ĭaveats: Chubb is a huge company. Power Small Commercial Insurance customer satisfaction study. Online coverage tool: If you aren’t sure what kind of coverage you need, Chubb has a tool called Chloe, “the coverage companion.” Other businesses offer quote options, but they operate with the assumption that you know what type of coverage you want.Chloe works differently it asks you questions about your business and revenue and creates a personalized package of insurance products based on your business’ needs.Ĭhubb has high marks for its customer service it was ranked second in the J.D.If something goes wrong, you can connect with the response team for personalized assistance. Chubb customers have access to Chubb’s Cyber Incident Response team, a group of experts that provide legal, computer forensic, call center and public relations services. Cyber insurance: Cyber insurance protects companies against lawsuits and damages related to hacking, data breaches and viruses.Beyond standard business insurance products like BOP, general liability, professional liability, workers’ compensation and umbrella policies, Chubb has some unique options and tools for policyholders: Whether you’re opening a hair salon, advertising firm or art gallery, Chubb has a variety of small business insurance options available. If your business’ revenue is under $2 million a year, Chubb’s small business platform allows you to get quotes and buy a policy entirely online, so you can get coverage within minutes. While most other insurers require you to purchase policies through an agent, Chubb gives small-business owners more flexibility. On top of that, Chubb’s online tools make it more convenient than many competitors. Why we chose it: Chubb stands out from other small business insurance carriers because it has one of the most comprehensive lists of policy options you can find, and because there are plenty of ways to customize those options to your business’s needs.

Best digital fraud and liability coverage.We researched 18 top insurers and identified the best business insurance based on their coverage options, financial stability, availability and customer satisfaction ratings. And more specialized businesses, such as general contractors and artisans or owners of commercial fleets, will need additional insurance to adequately protect their businesses against potential liabilities. But if you have employees, you may need additional coverage, such as workers’ compensation insurance. Business insurance can protect your life’s work against an unexpected calamity.įor most businesses, a basic business owners policy, or BOP, that packages general liability, property insurance and business income coverage will be sufficient. Whether you’ve just struck out on your own or you run a major operation with dozens of employees, chances are you’ve poured your heart and soul into your small business.