Does an LLC need business insurance?

Michigan does not require every LLC to carry business insurance, but many LLC owners still need coverage to operate. Workers’ compensation insurance becomes required when an LLC has employees who meet Michigan’s threshold rules, and commercial auto insurance is required for vehicles titled to the business. Even when not legally required, many landlords, lenders, and clients expect businesses to carry general liability insurance before signing contracts or leases.

By Heather

Heather focuses on small business insurance at Gild Insurance Agency, writing clear, practical guidance that helps business owners understand coverage, manage risk, and protect their businesses.