Small business insurance in North Carolina
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Get small business insurance in North Carolina.
Many companies trust biBerk for small business insurance in North Carolina. You can, too! We offer flexible policies to protect you from the risks North Carolina businesses face.
North Carolina Workers' Compensation insurance
Workers’ comp insurance in North Carolina helps protect your business if an employee gets hurt, contracts an illness, or dies from an incident on the job. It can cover medical costs, legal fees, and lost wages due to the injury. We offer workers’ comp insurance in North Carolina tailored to your business.
Workers' Compensationchevron_rightNorth Carolina General Liability insurance
Also known as commercial liability insurance, a general liability policy is a crucial type of business liability insurance in North Carolina. It covers damages and legal costs associated with injury claims to customers and other people who don’t work for you (like from slip-and-fall accidents at your business location), medical costs associated with these incidents, and damage to other people's property that was caused by your business. It also covers libel, slander, and copyright infringement. Plus, when buying general liability insurance in North Carolina from biBerk, you can add endorsements to customize your policy, including cyber, hired and non-owned auto liability, employment-related practices liability, and employee benefits liability.
General Liabilitychevron_rightNorth Carolina Business Owners Policy (BOP)
Also called property & liability insurance, a business owners policy (or BOP for short) combines general liability insurance (for things like visitor injuries and customer property damage) with coverage for your company’s property. You'll get protection for the building you own, space you lease, and any property needed to run your business, while also receiving coverage for things like business interruption. This can replace lost income, as well as cover other costs associated with getting your business back up and running after suffering property damage, like using a temporary location. You can also tailor your BOP with add-ons including cyber, hired and non-owned auto liability, employment-related practices liability, and employee benefits liability.
Business Owners Policychevron_rightNorth Carolina Professional Liability insurance
Also called errors and omissions (E&O) insurance, this policy could protect you from the cost of damages and legal fees if someone claims your professional service harmed them or their business financially. Coverage includes both mistakes by your business (errors) and failing to perform a service (omissions). If you’re an insurance agent, for example, and you advise a customer to purchase the wrong policy, you may be protected if they suffer financial damages due to the coverage gap and they sue you. You should have professional liability insurance if your business provides professional advice, offers a professional service, or has contractual requirements for the coverage.
Professional Liabilitychevron_rightNorth Carolina Umbrella insurance
Every small business insurance policy you purchase has a maximum value that it will cover if an incident occurs. North Carolina umbrella insurance adds another layer of protection. It can cover costs that exceed the limit of another biBerk liability policy, up to its own limit. Without it, you might be responsible for anything over your policy limit. Business liability suits can easily exceed the actual value of many small businesses, so we highly recommend an umbrella insurance in North Carolina to protect your company.
Umbrella Insurancechevron_rightWe cover all kinds of professionals and businesses in North Carolina, including:
- Auto body repair shops
- Auto service and repair centers
- Building electrician services
- Business consultants
- Cabinet and trim installers
- Carpentry services
- Contractor building operations
- Day care centers and day camps
- Detective agencies
- Domestic service contractors
- Entertainment center installers
- Fast food restaurants
- Floor and carpet installers
- Furniture storage warehouses
- Grocery stores
- Group homes
- Health care services
- Heating and air companies
- Household appliance installers
- Indoor ceramic tile, stone, and marble installers
- Iron dealers and steel scrap dealers
- Landscaping and gardening services
- Local truck hauling companies
- Long distance trucking companies
- Masonry services
- Painters and wallpaper installers
- Parcel delivery services
- Park operations
- Patrol agencies
- Plumbing services
- Restaurants
- Telephone companies
- Truck drivers
- Wallboard installers
- Wholesalers
Why biBerk for business insurance in North Carolina?
We’re the experts when it comes to small business insurance in NC.
Save time.
Get a quote entirely online or speak with one of our insurance experts right away for help getting a quote, buying a policy, or answering any questions you may have.
Save money.
We insure your small business directly, without a middleman or insurance broker, so we pass that savings on to you—up to 20% less than policies with other insurance companies.
Experienced.
We're part of Warren Buffett's Berkshire Hathaway Insurance Group with millions of satisfied customers, more than 75 years of insurance experience, and $52.2 billion in paid claims in 2023.
biBerk is better for small business insurance in NC.
biBerk is a great choice for insurance in your state. We’re often less expensive and easier to do business with than other providers of small business insurance in North Carolina. That’s better for you in many ways. We’re also part of the Berkshire Hathaway Insurance Group, the nation’s largest insurance company in terms of assets. You might know Berkshire Hathaway as the company started by Warren Buffett. Mr. Buffett began as a small business owner, and he’s dedicated to providing small businesses with services that can help them grow.
Business insurance in North Carolina—wherever you are!
Since we’re an online insurance provider, you can connect with us easily, wherever you are, to get:
- Business insurance in Raleigh-Durham, NC
- Business insurance in Charlotte, NC
- Business insurance in Wilmington, NC
- Business insurance in Fayetteville, NC
- Business insurance in Greensboro, NC
- Or anywhere in North Carolina!
Who needs to understand small business insurance in North Carolina?
Are you a new small business owner? Or maybe you’ve got an established business and want to be sure you’re protecting it with the right types and amounts of business insurance? Either way, we’re an excellent source not only for small business insurance in NC, but also for the advice and service you need to make sure you’re covered and that claims are handled efficiently. New business owners who work with biBerk appreciate our educational resources and step-by-step guidance. Once they have the right coverages in place, they can relax about potential lawsuits or property damage and focus on growing their businesses.
Optimizing insurance coverage is essential
Owners of established companies often want to optimize their coverage, ensure they’re meeting regulatory requirements, and manage their costs. They know they can trust us for insights on how to protect their businesses from unexpected expenses as their organizations grow and evolve.
Small business advisors should stay informed
Another group of business professionals who rely on biBerk are small business consultants and advisors. They turn to us for insights on business insurance industry trends and see us as a reliable resource for them and their clients—from the coverage details on our website to the articles in our Resource Center.
What coverage is required for North Carolina small businesses?
Workers' Compensation
In North Carolina, every business with three or more employees is required to carry workers’ compensation insurance or qualify as self-insured employers for purposes of paying workers’ compensation benefits to their employees. You can receive substantial fines and criminal penalties if you’re required to have workers’ comp insurance in North Carolina or proof of self-insurance but don’t have coverage.
Other policy considerations
While the law may not state it, there’s a good chance you need to carry other business insurance policies in addition to workers’ comp. Many contracts require a general liability policy and/or a professional liability policy, for example. Even if your customers, clients, or partners don’t require you to carry specific small business insurance coverage, it’s recommended that you carry policies to cover any part of your business that could be at risk, including a property and liability policy if you’re located in an area that faces possible hurricane damage. Financially protecting your company is one of the smartest business decisions you can make.
What does business insurance cost in North Carolina?
The cost of business insurance in North Carolina depends on multiple factors, including your industry, number of employees, and the amounts of payroll and revenue. Also, your claims history will influence your policy cost. Companies with fewer claims typically pay lower premiums. biBerk can often provide insurance at up to 20% less than other companies since we sell directly to you rather than through brokers. Determine your cost for small business insurance in North Carolina with instant online quotes.
Frequently asked questions about commercial insurance in North Carolina
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What types of insurance are typically required for small businesses in North Carolina?
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Mandatory insurance for small businesses in North Carolina might include general liability, workers' compensation, commercial property, commercial auto, and professional liability insurance. Check with your state and local governments for details.
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What does business insurance in NC cost?
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Small business insurance costs in North Carolina vary widely based on factors like business type, coverage needs, and risk factors, ranging from a few hundred to several thousand dollars annually. biBerk may be able to offer insurance at up to 20% less than other providers with our direct-to-you business model. You can get instant online quotes for the policies you need on our website.
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Are there any industry-specific requirements for business liability insurance in NC?
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Some industries may have specific insurance requirements, such as contractors needing general liability insurance in North Carolina. You should check with authorities about mandatory small business insurance in NC for a company like yours.
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How do I determine the right coverage amounts for business liability insurance in NC?
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To determine the right coverage amounts for your small business in North Carolina, assess your risks, assets, and potential liabilities with the help of one of our licensed insurance experts.
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What’s the typical process for filing a commercial insurance claim in Charlotte, NC?
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Filing a commercial insurance claim in Charlotte, NC, or anywhere in the state, involves notifying your provider, completing claim forms, providing documentation, cooperating with investigations, and receiving compensation according to policy terms.
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How quickly can I expect my insurance claims to be processed and resolved?
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The time it takes to process and resolve insurance claims in North Carolina varies, with simple claims often resolved within weeks and more complex claims potentially taking longer.
Business insurance in North Carolina in three simple steps
Get a quote.
Fill out a form online or give us a call to tell us about your company. You’ll have a quote in as little as five minutes.
Buy a policy.
Complete your purchase and make payments online or over the phone. You can pay your premium all at once or in monthly installments.
Get a certificate.
Download an instant Certificate of Liability Insurance immediately after purchasing a policy.
Get a quote today
Trust biBerk for small business insurance in North Carolina and save up to 20%.