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Pennsylvania is home to more than a million small businesses operating actively that employ an estimated 2.6 million people, making up 45.8% of the total workforce. Despite the state’s economy growing at a steady pace, firms are struggling with challenges such as high costs of running a business along with low employee retention.
The companies here may have their productivity and finances affected by unforeseen hurdles such as liability claims, natural disasters, property damage, and workplace hazards that may affect their employees’ well-being. To deal with such issues, business insurance becomes a vital tool. It protects firms from any unexpected incidents during operations, ensuring they are on the path to success.
Teaming with a trustworthy insurance carrier is just as important as getting comprehensive coverage. This feature looks at eight of the most trusted business insurance companies operating in Pennsylvania that provide financial backing in the form of their solutions.
NEXT Insurance
NEXT Insurance provides a suite of business insurance products and services for small businesses. Their wide range of offerings can be tailored to meet each client’s needs, consisting of General liability, professional liability, workers’ compensation, and commercial auto Insurance.
The firm provides backing to more than 1,300 professions such as businesses involved in retail, construction, fitness, and professional services. Business owners can receive quotes, buy policies, and download the certificate of insurance within 10 minutes, protecting their businesses in a quick manner.
Tivly
Tivly is an online marketplace that assists small business owners in getting the coverage policy that they desire.
The platform has a pool of over 200 carriers that provide personalized general liability, commercial property, professional liability, and workers’ compensation plans of their choosing
Tivly simplifies the insurance process by offering low-cost solutions business owners can rely on for financial stability and success.
InsuranceBee
InsuranceBee offers reliable business insurance policies to freelancers, small businesses, and independent contractors.
Their extensive catalog of products features general liability, professional liability, business owner’s policies (BOP), cyber liability, workers’ compensation, directors’ and officers’ insurance, and management liability. InsuranceBee’s target market includes businesses associated with artisan contracting, consultancy, caregiving, cleaning services, landscaping, and real estate trade.
Their online platform and staff ensure businesses get the right policy quickly and effortlessly, safeguarding businesses from unforeseen challenges.
Hiscox
Hiscox, an Anglo-Bermudan company, offers tailored business insurance policies to safeguard small businesses across different industries from unexpected financial hurdles. The customers can purchase general product offerings, including general liability, professional liability, and business owner’s policies, in a quick manner.
Hiscox has been serving clients from different sectors, including IT consultants, marketers, and contractors. The clients can utilize their digital tools to access free quotes and purchase insurance policies online without a hassle, setting companies up for financial success even in the most difficult of times.
Thimble
Business owners can obtain flexible and immediate business insurance solutions through Thimble. The insurance carrier strives to meet the growing demands of small businesses and freelancers with their wide range of solutions that include general liability, professional liability, and business equipment coverage, among other coverages
Thimble assists businesses from more than 300 industries such as contractors, photographers, consultants, and event organizers. Their on-demand approach is what makes them stand out as companies can acquire coverage by the minute, hour, month, or year in less than five minutes. This allows firms to concentrate on successfully growing their business.
The Hartford
The Hartford assists Pennsylvania firms with their financial and insurance needs with their business insurance solutions created to mitigate unexpected risks. They sell general liability, commercial property, business income, and other coverage plans tailored to meet their growing needs.
The professions covered by The Hartford include construction, finance, healthcare, manufacturing, and information technology. With more than 200 years of experience and a successful track record, the insurance firm assists companies address the challenges that come with running a business.
Travelers
Travelers keep Pennsylvania businesses at the top of their game by providing business insurance solutions. They deal with a range of coverage solutions such as general liability, property insurance, commercial auto, and cyber insurance.
Travelers provide solutions to a wide range of sectors like technology, transportation, manufacturing, and professional services, providing them with specialized policies to mitigate the risks. Travelers stand out for their unique approach to insurance management, monitoring emerging trends, and their commitment to helping businesses thrive in today’s fast-paced world.
Liberty Mutual
To meet the diverse needs of businesses, Liberty Mutual insures against a range of challenges with general liability, cyber coverage, and maritime liability as well as commercial property, workers’ compensation, and specialized coverages.
Their clientele includes construction firms, healthcare providers, manufacturers, professionals, and many more. With over a century of experience in the field, they tap into the intricacies involved with each sector and tailor policies to provide reliable solutions.
Brief Overview of Leading Insurance Firms In Pennsylvania
The table below describes how Pennsylvania’s leading seven insurance companies differ by product and unique selling features.
| Insurance Firm | Offered Products | Unique Selling Features |
| NEXT Insurance | General liability, professional liability, workers’ compensation, commercial auto insurance | Serves 1,300+ professions; fast digital application process; instant policy issuance within 10 minutes |
| Tivly | General liability, commercial property, professional liability, workers’ compensation | Online marketplace with access to 200+ carriers; low-cost solutions tailored to small businesses |
| InsuranceBee | General liability, professional liability, BOP, cyber liability, workers’ compensation, directors’ & officers’ insurance | Specialized for freelancers, small businesses, and independent contractors; fast and easy online policy purchase |
| Hiscox | General liability, professional liability, business owner’s policy | Digital-friendly experience; serves IT consultants, marketers, contractors; tailored policies for small businesses |
| Thimble | General liability, professional liability, business equipment coverage | On-demand coverage by minute, hour, month, or year; covers 300+ industries including contractors and event organizers |
| The Hartford | General liability, commercial property, business income insurance, workers’ compensation | 200+ years of experience; specialized policies for healthcare, construction, finance, IT, and manufacturing |
| Travelers | General liability, property insurance, commercial auto, cyber insurance | Risk monitoring approach; tailored solutions for technology, transportation, and manufacturing businesses |
| Liberty Mutual | General liability, cyber coverage, maritime liability, commercial property, workers’ compensation | Over a century of experience; custom policies for construction, healthcare, manufacturing, and professionals |
Top Cities in Pennsylvania for Business Insurance
The following cities in Pennsylvania provide the required infrastructure support and economic environments suitable for finding business insurance solutions
- Philadelphia
- Pittsburgh
- Allentown
- Erie
- Reading
- Scranton
- Bethlehem
- Lancaster
- Harrisburg
- York
- State College
- Wilkes-Barre
- Easton
- Levittown
- Altoona
Pennsylvania Government Resources for Business Insurance
You can get additional information about business insurance requirements in Pennsylvania through these government resources.
- Pennsylvania Insurance Department
- Pennsylvania Department of Community and Economic Development (DCED)
- Pennsylvania Small Business Development Centers (SBDCs)
- Pennsylvania One-Stop Shop
Conclusion
Selecting a reliable business insurance provider for the company will aid in protecting assets from unknown associated risks. These leading insurance providers offer personalized solutions that address the challenges that come with running a business smoothly.
If your plans for business development include relocating to other financial hubs in the country, you can have a look at our listings on the leading commercial coverage providers in Nevada and the trusted business insurance solution carriers in Connecticut. If you are looking for financing options in Pennsylvania, these leading business loans and startup financing firms are at your service.
Visit Sophisticated Investor for insights on helping your venture grow financially in Pennsylvania’s challenging business landscape.
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.
