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Oregon has roughly 400,000 small businesses operating. These firms account for more than 99% of the enterprises in the state, making up more than half the workforce as well. It’s not easy to run a business here since firms face numerous issues like employee shortage, inflation, and taxation.
These issues slow operations and affect revenue. They can be taken care of with effective coverage from a trusted name in the industry. A trusted coverage provider listens to concerns and prepares a solution, offering financial backing that keeps businesses prepared for any unforeseen financial hurdles.
This feature will cover seven of the highest-regarded commercial coverage providers in Oregon whose services have been praised by local businesses.
Thimble
Freelancers, small-business owners, and gig workers can purchase customized insurance solutions by the hour, month, or year through Thimble. Clients can get a quote and buy plans in a matter of minutes using the firm’s website or mobile app.
Thimble covers more than 120 professions ranging from handy workers and photographers to event planners and carpenters. Thimble offers general liability insurance, professional liability insurance, and business equipment insurance. With Thimble as their partner, clients feel relaxed knowing that their insurance needs are being taken care of.
Hiscox
Hiscox offers specialized coverage for small businesses, making them one of the top providers in Oregon. They offer comprehensive general liability, professional liability, business owners policies (BOP), and cyber security insurance policies.
Hiscox’s clientele consists of businesses associated with IT/Technology, marketing, and consultancy industries. The insurance firm has a digital platform through which clients receive quotes and purchase insurance policies from their website within a few minutes. Insurance acquisition and management has never been this easy.
Next Insurance
NEXT Insurance is a digital insurance provider that specializes in providing tailored general liability coverage, workers’ compensation, commercial auto, and professional liability insurance policies to small businesses. What sets NEXT apart is its fully online service, allowing business owners to get quotes, adjust policies, and manage them in mere minutes.
The company provides instant estimates, policies, and insurance certificates at competitive prices to industries like construction, retail, and consulting. With NEXT, protecting your business is simple, speedy, and downright inexpensive.
Tivly
Tivly, previously known as CommercialInsurance.net, is an innovative insurance marketplace where businesses and coverage carriers interact for professional endeavors.
With a network of over 200 partner companies, businesses can acquire their desired general liability, commercial property, professional liability insurance, and other industry-specific coverages from a wide range of providers.
Tivly, which serves industries like beauty professionals along with healthcare and landscaping, has a five-minute intake for grasping what type of insurance best fits their business. Tivly empowers entrepreneurs to protect their businesses in a simple and efficient manner.
InsuranceBee
InsuranceBee stands out for offering low-cost, quick business insurance services for small businesses, freelancers, and startups. They offer policies for general liability, professional liability (E&O), cyber liability, and others.
These solutions provide financial assistance to businesses in the light of accidents, lawsuits, and data breaches. InsuranceBee allows brands to customize their policies through their easy online quoting platform. They go the extra mile to assist small businesses in getting tailored services to protect their company at an affordable price.
EMC Insurance
EMC Insurance offers a wide selection of business insurance policies that safeguard businesses from incidents that slow a firm’s growth and revenue. They serve construction, healthcare, and manufacturing sectors with specialized policies regarding property, liability, workers’ compensation, and other coverages.
The insurance firm has made a name in the industry and Oregon’s thriving business landscape with its strong financial health and personalized approach, assuring companies focus on growth and development rather than worrying about incidents that may or may not affect their growth.
Nationwide
Nationwide provides comprehensive business insurance services aimed at protecting businesses from unforeseen circumstances. General liability, commercial property, business income, and equipment breakdown coverages are some of its offerings.
Assisting businesses for more than a century, Nationwide covers a wide range of policies that address the needs of businesses large and small. Their policies can be managed through an online portal, with their staff entertaining customer service requests. Businesses can trust Nationwide to protect their finances with their reliable and flexible insurance coverage.
Brief Overview of Leading Insurance Firms In Oregon
The table below describes how Oregon’s leading seven insurance companies differ by product and unique selling features.
| Insurance Firm | Products Offered | Unique Feature |
| Thimble | General Liability, Professional Liability, Business Equipment Insurance | Customizable insurance solutions available by the hour, month, or year. Clients can get quotes and purchase policies in minutes via website or mobile app. |
| Hiscox | General Liability, Professional Liability, Business Owners Policy (BOP), Cyber Security Insurance | Specializes in small businesses in IT, marketing, and consulting. Fully digital platform enables instant quotes and policy purchases. |
| Next Insurance | General Liability, Workers’ Compensation, Commercial Auto, Professional Liability | 100% digital insurance provider offering instant estimates, policies, and insurance certificates at competitive prices. |
| Tivly | General Liability, Commercial Property, Professional Liability, Industry-Specific Coverage | Acts as an insurance marketplace with access to over 200 partner companies for tailored business insurance solutions. |
| InsuranceBee | General Liability, Professional Liability (E&O), Cyber Liability | Focuses on affordability and ease with a simple online quoting platform and customizable policies. |
| EMC Insurance | Property, Liability, Workers’ Compensation, Industry-Specific Coverage | Strong financial health and a personalized approach catering to construction, healthcare, and manufacturing sectors. |
| Nationwide | General Liability, Commercial Property, Business Income, Equipment Breakdown | A century of experience in insurance with flexible policies managed through an online portal and strong customer service support. |
Top Cities in Oregon for Business Insurance
The following cities in Oregon provide the required infrastructure support and economic environments suitable for finding business insurance solutions
- Portland
- Eugene
- Salem
- Gresham
- Hillsboro
- Bend
- Medford
- Corvallis
- Albany
- Tigard
Oregon Government Resources for Business Insurance
You can get additional information about business insurance requirements in Oregon through these government resources.
- Oregon Division of Financial Regulation
- Oregon Small Employer Guide to Insurance and Worksite Safety
- Oregon HealthCare
- Business Oregon
- Oregon State Government
Conclusion
Choosing a reliable business insurance partner ensures that your brainchild stays financially secure in light of any untoward incidents. The above-mentioned firms provide insurance policies that keep industries on the path to financial success.
If you are eyeing to start a business in other financial hubs, you can go through the features of the leading business insurance providers in Delaware and the reliable commercial coverage providers in Hawaii. If you are starting a business in Oregon and need financial assistance, you can take a look at our feature on the leading business loans and startup funding companies in the state. Visit Sophisticated Investor for tips on how to grow your business.
Brandi is a financial writer and entrepreneur with decades of expertise covering U.S. business and financial topics. Her work has been featured on Consumer Affairs, ASBN Small Business Network, Koho and many other top financial publications.
