Preferred Insurance Services
Commercial Insurance
We help Utah businesses find the right coverage — whether you're a sole proprietor, a growing LLC, or an established company with a fleet and employees.
Commercial insurance isn't one-size-fits-all. A restaurant has different exposures than a contractor, and a home-based business is different from an office. We take the time to understand your operations and find coverage that actually fits, across general liability, property, commercial auto, workers comp, and specialty lines.
What's covered
General Liability
Covers bodily injury and property damage claims made by third parties — customers, vendors, visitors. Required by most landlords and contracts.
Business Owner's Policy (BOP)
Bundles general liability and commercial property into one cost-effective policy. A good fit for most small businesses.
Commercial Auto
Covers vehicles used for business purposes — delivery, service, transport. Personal auto policies exclude business use.
Workers' Compensation
Required for most Utah businesses with employees. Covers medical costs and lost wages if an employee is injured on the job.
Commercial Property
Covers your building, equipment, inventory, and fixtures against fire, theft, vandalism, and other covered perils.
Professional Liability (E&O)
Covers claims that your professional advice or service caused financial harm. Essential for consultants, advisors, and service providers.
Cyber Liability
Covers data breach response costs, legal fees, and notification expenses if your business suffers a cyberattack.
Umbrella / Excess Liability
Adds an extra layer of liability coverage above your primary policies — important for businesses with significant exposure.
Things to keep in mind
- 1
Many small business owners assume their homeowners policy covers home-based business operations. It typically doesn't — you need either an endorsement or a separate commercial policy.
- 2
If employees ever drive their own vehicles for business errands, you may have hired/non-owned auto exposure. That's coverable and often inexpensive.
- 3
General liability limits of $1M/$2M are standard, but contractors and service businesses often need higher limits to qualify for jobs or contracts.
- 4
Workers comp rates are based on payroll and job classification. Getting the classification right matters — both for cost and claims coverage.
Carriers we quote for this line
Common questions
Do I need insurance if I'm a sole proprietor?
Likely yes — especially general liability. If a client, customer, or vendor suffers a loss and blames your business, your personal assets could be at risk without it.
How much does commercial insurance cost?
It varies widely based on your industry, revenue, number of employees, and coverage needs. A basic BOP for a low-risk business can start under $100/month. We'll get you accurate quotes.
Can you cover a business with multiple locations?
Yes. We can write policies that cover multiple locations and tailor limits by location if needed.
Ready to get a quote?
We'll shop our carriers and bring you the best options for your situation.