Insurance for Your Small Business in Rhode Island

Your Local Insurance Agency 

We are a local insurance agency with over 70 years of experience in Rhode Island. Our team believes that small Rhode Island business owners are the pillars of our community. We will listen to your business’ needs, and together we can find solutions to address your insurance coverage requirements. We have a staff full of knowledgeable agents, and we value customer service. Let us help you find insurance options for your business. Connect with our team today to request a quote for your business.

Small Businesses We Work With 

Our team has experience working with many different businesses, including, but not limited to:

  • Auto Body and Auto Repair Garages
  • Bakeries
  • Beauty Salons
  • Chiropractors
  • Contractors
  • Dog Daycares
  • Electricians
  • Flooring Companies
  • Funeral Homes
  • Landscapers & Arborists
  • Medical Offices
  • Restaurants & Pizza Shops

How Much Does Small Business Insurance in Rhode Island Cost? 

What you will pay to insure your small business in Rhode Island can be dependent on many different factors. The policies and coverage limits you choose will affect how much you pay, as well as:

  • The number of employees you have
  • Where your business is located
  • The type of work your business does
  • The cost of the property you are insuring

To see what it could cost to insure your small business, reach out to our team and request a custom quote. You can fill out our form here to get the process started, or you can give us a call. When you are ready to reach out, it’s a good idea to have information on your business handy. Below is a list of a few things to have ready, although your local agent may need more information.

  • Your business name
  • Your business address
  • How many employees you have
  • Number of locations you have

a brick walkway with shrubs at Lobby Place Park at Johnson and Wales University, in Providence, Rhode Island.
Common Small Business Coverages 

Whether you are looking to start a new business in Rhode Island, or you have been building one for decades, you want to be sure that your investment is protected. Every business- even those in the same industry- has unique needs. Talking to an insurance agent about the different aspects of your business is one way to learn about different coverages. Below are some common business insurance policies for small business owners.

Commercial Property 

If your small business includes a building, equipment, or inventory, you should consider commercial property insurance. This coverage can help protect your building and the equipment you use to operate your business. If your business is home-based, keep in mind that typically homeowners insurance policies do not provide coverage for business equipment losses by flood or fire.

General Liability Insurance for Businesses in RI

One common coverage for business owners is a general liability policy. This can help protect your small business if a third party (a client or customer) is injured on your business premises or as a result of your operations. Other incidents that a general liability policy may cover are property damage to a third party, and libel and copyright infringement. Below are some examples of what a general liability insurance policy would typically cover:

  • A customer in your store slips on a wet floor and becomes injured
  • Your contracting business accidentally causes water damage to a client’s home

a skyline view of Providence, Rhode Island
Business Owner’s Policies 

A BOP, or Business Owner’s Policy, commonly combines two coverages together- commercial property insurance, and general liability insurance. If you are already considering these two coverages for your business, a BOP can be a smart choice, and there may be cost savings compared to purchasing the coverages separately. Depending on which insurance carrier you choose to purchase a policy through, you may be able to add coverages such as:

  • Equipment breakdown
  • Employee theft
  • Employment practices liability

Commercial Auto 

Maybe your business uses vehicles to transport tools to a job site, deliver goods, or drive to different job sites in one day. If this sounds like your business, and you haven’t considered having a commercial auto policy, think again. Commercial auto policies generally have higher coverage limits than personal policies. A typical commercial auto policy may include:

  • Bodily Injury Liability
  • Collision Coverage
  • Medical Payments
  • Property Damage Liability

The scope of the coverage you need depends on the type of driving you and your employees do, and how your vehicles are used.

Workers’ Compensation for Rhode Island Businesses 

If you have employees working for you, it is required by Rhode Island law to carry Workers’ Compensation Insurance. Some exemptions may apply for some agricultural and domestic service employees, and you can read some common questions here. If you own a business in Rhode Island and would like to learn more about Workers’ Compensation coverage, give our team a call, or fill out our form here.

Commercial Umbrella Insurance 

A commercial umbrella policy can help cover damages and expenses related to third-party liability claims (for things such as property damage, medical expenses, pain and suffering, lost wages, and your defense attorneys’ fees) which exceed the limit of your underlying commercial general liability or commercial auto liability policies. Typically, in the event of a covered loss a commercial umbrella policy would pick up when the other insurance policies that you carry have reached their limit, up to the limits of the umbrella policy.

Comparing Insurance Quotes for Your RI Business 

When it comes to shopping for anything, including insurance, it helps to have options. Our insurance agency works with over 100 carriers, which means more options for our clients. Connect with our local insurance agency to see what options are available for your business.


This article is for general informational purposes only and is not to be relied upon or used for any particular purpose. Cross Insurance shall not be held responsible in any way for, and specifically disclaims any liability arising out of or in any way connected to, reliance on or use of any of the information contained in this article. The information contained or referenced in this article is not intended to constitute and should not be considered legal, insurance, accounting or other professional advice, nor shall it serve as a substitute for the recipient obtaining such advice. The views expressed in this article are that of its author and do not necessarily represent the views of Cross Financial Corp. and its subsidiaries and affiliates (“Cross Insurance”) or Cross Insurance’s management or shareholders.

Request A Quote for Your Business Today

Related Resources