What type of insurance should an LLC have?

Most LLCs should carry a combination of policies rather than relying on one type of coverage. Common protections include:

  • General liability insurance for customer injuries and property damage
  • Professional liability insurance for service-based businesses
  • Workers’ compensation insurance if the LLC has employees
  • Commercial property insurance for equipment or inventory
  • Commercial auto insurance for business vehicles

The right coverage depends on how your LLC operates and the risks tied to your industry.

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.