What types of insurance does a Georgia small business typically need?

The right mix of coverage depends on what your business does, how many employees you have, and what property and vehicles are involved. That said, most Georgia small businesses share a common set of baseline needs.

General liability covers bodily injury and property damage claims made by third parties (customers, vendors, members of the public) arising from your business operations, premises, or products. It is often a lease requirement and is considered foundational coverage for virtually any business.

Commercial property covers your building (if owned), contents, equipment, and inventory against losses from fire, storm, theft, and other covered perils. If you lease your space, you still need coverage for your business personal property inside.

Georgia requires employers with three or more employees to carry workers compensation insurance (O.C.G.A. Title 34, Chapter 9). It covers medical expenses and lost wages for employees injured on the job.

Personal auto policies exclude vehicles used for business purposes beyond basic commuting. If your business owns vehicles, or if employees regularly drive their personal vehicles for business errands, commercial auto or hired and non-owned auto coverage is necessary.

If you provide advice, consulting, design, or professional services, errors and omissions coverage protects against claims that your work caused a financial loss for a client.

Many small businesses begin with a business owners policy, which bundles general liability and commercial property. From there, additional coverages are added based on the specific risks of the business.