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The state of Washington is very business-friendly, and entrepreneurs find it a very relaxing place to establish a small startup. Data shows that over 647k small businesses are operational here. Also, the Evergreen State’s small business industry employs around 1.4m workers. However, many small businesses here feel the need for insurance coverage. From wildfire risks to other challenges, Washington-based companies have to stand on their toes for money sometimes.
That’s why we’re discussing some of the best business insurance providers in this region. These 7 leading firms will accommodate your needs by giving you access to quality insurance options. You can check out what sort of insurance services they provide and which industries they serve. That’s why you can choose the best insurance provider for your small business here.
InsuranceBee
InsuranceBee makes getting small business insurance simple and affordable. They specialize in coverage for freelancers, independent contractors, and small consulting firms, offering tailored policies like professional liability and general liability. With quick online quotes and friendly advisors ready to help, InsuranceBee ensures you can protect your business without hassle.
Hiscox
Hiscox is a renowned insurance company with a rich history dating back to the early 1900s. As an Anglo-Bermudian firm, it has established itself as a leader in specialist insurance. Hiscox operates in the U.S. with offices in several cities, including Miami and Atlanta. The company provides a wide range of coverage options, from errors and omissions insurance to cybersecurity protection, catering to diverse business needs.
Tivly
Tivly is a digital marketplace connecting businesses with over 200 insurance providers. It offers coverage options like workers’ compensation, business owner policies (BOP), commercial property insurance, and professional liability. Known for serving diverse industries, including Washington-based startups, Tivly provides quick, free quotes and exceptional customer service to simplify the insurance process.
NEXT Insurance
NEXT Insurance claims to serve 500,000 clients nationwide and offers a wide range of coverage options for Washington businesses. These include business owner policies (BOP), commercial auto liability, workers’ compensation, liquor and product liability, tools and equipment coverage, and more. With specialized coverage for over 1,000 trades, NEXT provides tailored solutions for diverse industries. Their user-friendly platform allows businesses to easily get quotes and download certificates of insurance online, making the process quick and hassle-free.
Thimble
Thimble is a popular choice among freelancers and small businesses due to its flexible, on-demand insurance services. They offer a variety of coverage options, including event insurance, liability coverage, and more. Thimble allows businesses to purchase policies by the hour, day, or month, providing flexibility for fluctuating needs. While they don’t have 300+ branches, they serve numerous industries in Washington, such as landscaping, photography, and event planning, through their digital platform.
Sea Mountain Insurance
At Sea Mountain Insurance, you can easily get insurance for your business. From bodily injuries and property damage to niche-specific insurance packages, this company services businesses based in the Evergreen State of all sizes. It also covers different industries, such as retail stores, medical practitioners’ offices, manufacturing plants, etc. Whether you need commercial marine insurance, business owners’ policy (BOP), or commercial general liability, you can get in touch with Sea Mountain Insurance. The main office of this firm is located in West Lynnwood, WA.
EK Insurance
Another commercial insurance provider in Washington is EK Insurance. This firm serves many states in the US, including Washington. Their offices are open from Monday to Saturday. If you need general liability, commercial property, workers’ compensation, or other insurance packages in your state, EK Insurance will accommodate your needs. From property insurance to casualty insurance, you should get in touch with this company. Some other coverage they offer at their website includes inland marine, equipment breakdown, commercial crime, automobile, etc. So, you should learn more about their service offerings before making a decision.
Brief Overview of Leading Business Insurance Providers
The table below describes how the leading 7 insurance companies in Washington differ by product and unique selling features.
| Insurance Firm | Products | Unique Selling Features |
| InsuranceBee | General Liability, Professional Liability (E&O), Business Owner’s Policy (BOP), Cyber Liability, Workers’ Compensation | Tech-savvy, fast quotes and coverage for freelancers and small businesses |
| Hiscox | General Liability, Professional Liability (E&O), Business Owner’s Policy (BOP), Cyber Security Insurance | Tailored coverage for small businesses, streamlined online policy management |
| Tivly | General Liability, Professional Liability, Commercial Auto Insurance, Workers’ Compensation | Marketplace with access to 200+ insurance affiliates, quick coverage matching |
| NEXT Insurance | General Liability, Professional Liability, Workers’ Compensation, Commercial Auto, Business Owner’s Policy (BOP) | Digital-first insurance management, quick policy purchase within 10 minutes |
| Thimble | General Liability, Professional Liability, Business Owner’s Policy (BOP) | On-demand coverage (hourly, daily, monthly, yearly), instant Certificate of Insurance issuance |
| Sea Mountain Insurance | Business Owners Policy (BOP), Business Auto, Crime Insurance, Business Interruption Insurance | Independent agency offering a broad range of products, association with top carriers, personalized service |
| EK Insurance | Commercial Property, General Liability, Directors & Officers Liability, Cyber Liability | Multiple commercial coverage lines, customizable policies for various business exposures |
Top Cities in Washington for Business Insurance
The following cities in Washington provide the required infrastructure support and economic environments suitable for finding business insurance solutions.
- Seattle
- Spokane
- Tacoma
- Vancouver
- Bellevue
- Lynnwood
- Everett
- Renton
- Spokane Valley
- Federal Way
- Bellingham
- Bremerton
- Yakima
- Olympia
- Auburn
Washington Government Resources for Business Insurance
You can get additional information about business insurance requirements in Washington through these government resources.
- Washington’s State Office of the Insurance Commissioner
- US Small Business Administration | Washington
Conclusion
So, are you ready to take your Washington-based small business to new heights of success? The Evergreen State has already declared a 38-cent increase to its minimum wage laws. Now, businesses need business insurance more than ever! If you need business insurance in other states, such as Maryland or Kentucky, we have you covered as well. Also, you can find ample financing options in Washington to start a new business and cover the initial expenses. Do visit Sophisticated Investor for the latest insights on protecting and growing 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.
