Minutes, in most cases. Gild’s online quote flow gathers your business details once and shops them across more than 40 carriers. Many Utah small businesses receive quotes the same day, and straightforward risks can often bind coverage the same day too.
FAQ_category: (HIDDEN) Industry FAQs
No. Standard commercial property policies exclude earthquake damage. State and federal geologists estimate a 43 percent chance of a magnitude 6.75 or greater earthquake along the Wasatch Front within the next 50 years. Earthquake coverage is available as an endorsement or a separate policy, and Wasatch Front businesses should price it before dismissing it.
Utah does not require an LLC to carry general liability insurance simply for existing. But forming an LLC does not insure anything. The LLC’s own assets, its bank account, equipment, vehicles, and reputation, remain fully exposed to lawsuits, and hiring even one employee triggers the workers’ compensation requirement. Most Utah LLCs carry general liability insurance because a landlord, client, or contract demands proof before work begins.
No, but you may need to prove it. Owner-only businesses can obtain a coverage waiver from the Labor Commission’s Industrial Accidents Division. Contractors must keep that waiver on file to hold a license. The moment you hire your first employee, whether full time, part time, or seasonal, the coverage requirement applies.
As of April 20, 2026, DOPL requires a general liability insurance certificate showing at least $1,000,000 per incident and $3,000,000 in total, with DOPL listed as the certificate holder. If you have employees, you also need a workers’ compensation certificate. If you have none, you need a workers’ compensation coverage waiver from the Utah Labor Commission.