The Hartford tops our analysis of Georgia business insurance providers because of its affordability and financial stability. NEXT and Simply Business are also reliable options for small business owners across the state.
Updated: August 18, 2025
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Key Takeaways
Small business owners can get the best business insurance in Georgia from The Hartford, NEXT and Simply Business.
The best business insurance in Georgia depends on your industry risks, number of employees and specific coverage requirements.
To find the best coverage, assess your risks, compare multiple quotes, research provider service quality and maximize available discounts.
Best Business Insurance Companies in Georgia
| The Hartford | 4.62 | 1 | 2 | 3 |
| NEXT | 4.61 | 4 | 1 | 2 |
| Simply Business | 4.48 | 3 | 5 | 1 |
| Nationwide | 4.47 | 6 | 2 | 4 |
| Coverdash | 4.40 | 5 | 6 | 2 |
| biBERK | 4.38 | 7 | 2 | 5 |
| Progressive Commercial | 4.32 | 3 | 7 | 5 |
| Thimble | 4.31 | 2 | 8 | 5 |
| Chubb | 4.26 | 8 | 3 | 4 |
| Hiscox | 4.26 | 6 | 4 | 6 |
How Did We Determine These Rates?
These rates are for small businesses with two employees across 79 major industries or business types and focus on four coverage types: general liability, professional liability/E&O, workers' comp and business owner's policy. Survey results reflect limited sample data and may not represent all available rates in your area.
Best by Coverage Type
The Hartford leads Georgia businesses with top-rated general liability coverage and business owner's policies (BOP). NEXT stands out for professional liability insurance and workers' compensation coverage.
| Business Owners Policy | The Hartford | 4.71 |
| General Liability | The Hartford | 4.63 |
| Professional Liability (E&O) | NEXT | 4.71 |
| Workers Compensation | NEXT | 4.59 |
How Did We Determine These Rates?
These rates are for small businesses with two employees across 79 major industries or business types and focus on four coverage types: general liability, professional liability/E&O, workers' comp and business owner's policy. Survey results reflect limited sample data and may not represent all available rates in your area.
Best Georgia Small Business Insurance Reviews
Our analysis identified Georgia's three best business insurance providers based on coverage options and value. If you're looking for comprehensive coverage, here's what makes each company stand out.
The Hartford
Best for Affordability
MoneyGeek Rating
4.6/ of 5
4.6/5Affordability
4.6/5Customer Experience
4.7/5Coverage Options
Average Monthly Cost of General Liability Insurance
$83This rate is for small businesses with two employees across 79 major industries or business types and focus solely on general liability policies.Average Monthly Cost of Workers' Comp Insurance
$70This rate is for small businesses with two employees across 79 major industries or business types and focus solely on workers' comp policies.Our Survey: Claims Process
#1The Hartford scored 4.5 out of 5 for claims processOur Survey: Likely to Be Recommended to Others
#2The Hartford scored 4.5 out of 5 for likelihood to be recommended
NEXT
Best for Customer Service
MoneyGeek Rating
4.6/ of 5
4.4/5Affordability
4.7/5Customer Experience
4.8/5Coverage Options
Average Monthly Cost of General Liability Insurance
$105This rate is for small businesses with two employees across 79 major industries or business types and focus solely on general liability policies.Average Monthly Cost of Workers' Comp Insurance
$70This rate is for small businesses with two employees across 79 major industries or business types and focus solely on workers' comp policies.Our Survey: Claims Process
3.9/5.0Ranked #4 nationallyOur Survey: Likely to Be Recommended to Others
4.8/5.0Ranked #1 nationally
Simply Business
Best for Coverage Availability
MoneyGeek Rating
4.5/ of 5
4.5/5Affordability
4.2/5Customer Experience
4.9/5Coverage Options
Average Monthly Cost of General Liability Insurance
$97This rate is for small businesses with two employees across 79 major industries or business types and focus solely on general liability policies.Average Monthly Cost of Workers' Comp Insurance
$72This rate is for small businesses with two employees across 79 major industries or business types and focus solely on workers' comp policies.Our Survey: Claims Process
3.7/5Our Survey: Likely to Be Recommended to Others
4.2/5
Cheapest Business Insurance Companies in Georgia
The Hartford provides the most affordable business insurance in Georgia at $85 monthly ($1,020 annually). Thimble and Simply Business follow with competitive rates of $95 and $98 per month. You can compare rates from these and other top providers in the table below.
| The Hartford | $85 | $1,020 |
| Thimble | $95 | $1,145 |
| Simply Business | $98 | $1,178 |
| Progressive Commercial | $101 | $1,206 |
| NEXT | $102 | $1,219 |
| Coverdash | $103 | $1,233 |
| Nationwide | $103 | $1,236 |
| biBERK | $106 | $1,269 |
| Hiscox | $109 | $1,311 |
| Chubb | $119 | $1,429 |
How Did We Determine These Rates?
These rates are for small businesses with two employees across 79 major industries or business types and focus on four coverage types: general liability, professional liability/E&O, workers' comp and business owner's policy. Survey results reflect limited sample data and may not represent all available rates in your area.
Cheapest General Liability Insurance Companies in Georgia
Georgia business owners can find the cheapest general liability coverage through The Hartford at $83 monthly. Simply Business comes second at $97 per month.
| The Hartford | $83 | $997 |
| Simply Business | $97 | $1,167 |
| Nationwide | $99 | $1,183 |
| Progressive Commercial | $102 | $1,220 |
| NEXT | $105 | $1,256 |
| Coverdash | $105 | $1,260 |
| Thimble | $109 | $1,306 |
| Hiscox | $116 | $1,390 |
| biBERK | $116 | $1,391 |
| Chubb | $121 | $1,449 |
How Did We Determine These Rates?
These rates are for small businesses with two employees across 79 major industries or business types and focus solely on general liability policies. Survey results reflect limited sample data and may not represent all available rates in your area.
Cheapest Professional Liability Insurance Companies in Georgia
The Hartford offers Georgia's most affordable professional liability insurance (E&O) at $73 monthly ($871 annually). NEXT provides another low-cost option for comprehensive business insurance in the state.
| The Hartford | $73 | $871 |
| NEXT | $74 | $887 |
| Progressive Commercial | $77 | $919 |
| Simply Business | $78 | $930 |
| Thimble | $78 | $934 |
| Hiscox | $78 | $939 |
| Coverdash | $79 | $947 |
| biBERK | $81 | $970 |
| Nationwide | $84 | $1,004 |
| Chubb | $90 | $1,081 |
How Did We Determine These Rates?
These rates are for small businesses with two employees across 79 major industries or business types and focus solely on professional liability/errors and omissions policies. Survey results reflect limited sample data and may not represent all available rates in your area.
Cheapest Workers’ Comp Insurance Companies in Georgia
NEXT offers Georgia's cheapest workers' comp coverage at $70 monthly ($835 annually). The Hartford and Thimble also provide competitive rates, making all three solid choices for affordable business coverage in the state.
| NEXT | $70 | $835 |
| The Hartford | $70 | $841 |
| Thimble | $72 | $858 |
| Progressive Commercial | $72 | $865 |
| Simply Business | $72 | $865 |
| Hiscox | $73 | $871 |
| Coverdash | $74 | $885 |
| biBERK | $76 | $912 |
| Nationwide | $82 | $986 |
| Chubb | $86 | $1,032 |
How Did We Determine These Rates?
These rates are for small businesses with two employees across 79 major industries or business types and focus solely on workers’ comp policies. Survey results reflect limited sample data and may not represent all available rates in your area.
Cheapest BOP Insurance Companies in Georgia
Business owners can find the cheapest BOP rates with The Hartford at $114 per month ($1,369 annually). Thimble, Simply Business and Nationwide also offer affordable BOP insurance in Georgia.
| The Hartford | $114 | $1,369 |
| Thimble | $123 | $1,480 |
| Simply Business | $146 | $1,750 |
| Nationwide | $147 | $1,770 |
| biBERK | $150 | $1,803 |
| Progressive Commercial | $152 | $1,822 |
| Coverdash | $153 | $1,842 |
| NEXT | $158 | $1,899 |
| Hiscox | $170 | $2,044 |
| Chubb | $180 | $2,154 |
How Did We Determine These Rates?
These rates are for small businesses with two employees across 79 major industries or business types and focus solely on BOP policies. Survey results reflect limited sample data and may not represent all available rates in your area.
How Much Does Business Insurance Cost in Georgia?
Business insurance in Georgia costs between $75 to $149 monthly, with workers' compensation being the most affordable and business owner's policies the most expensive. Rates vary based on the coverage type your business needs.
| BOP | $149 |
| General Liability | $105 |
| Professional Liability (E&O) | $79 |
| Workers Comp | $75 |
How Did We Determine These Rates?
These rates are for small businesses with two employees across 79 major industries or business types and focus on four coverage types: general liability, professional liability/E&O, workers' comp and business owner's policy. Survey results reflect limited sample data and may not represent all available rates in your area.
Cost of Business Insurance by Industry and Coverage
Business insurance costs in Georgia vary significantly by industry and coverage type. Speech therapists pay as little as $6 monthly for workers' compensation, while pressure washing businesses spend up to $1,378 monthly for a business owner's policy.
Data filtered by:Results filtered by:
Select
Coverage Type:Business Owners Policy
Select
Industry:Accountants
| Accountants | Business Owners Policy | $33 |
How Did We Determine These Rates?
These rates are for small businesses with two employees across 79 major industries or business types and focus on four coverage types: general liability, professional liability/E&O, workers' comp and business owner's policy. Survey results reflect limited sample data and may not represent all available rates in your area.
What Factors Influence My Costs?
Your Georgia business insurance premiums might be higher than expected. Here are the key factors that determine your insurance costs in the state.
Industry Risk Level
Your business type drives your insurance costs more than any other factor. Construction companies pay much higher rates than consultants because job sites have more accident risks. A small construction firm might pay $500 monthly for coverage, while a consulting business pays just $50.
Geographic Location and Weather Risks
Your location in Georgia affects your rates significantly. Coastal businesses face higher costs due to hurricane risks, while inland locations often see better rates. Georgia ranks fourth nationally for weather-related disasters, with severe storms and flooding driving up insurance costs across the state.
Business Size
Your employee count and revenue directly impact your insurance costs. Workers' compensation rates are calculated per $100 of payroll, while general liability costs reflect your revenue and customer volume. A retail store with 20 employees pays substantially more than a solo freelancer working remotely.
Claims History
Your claims record affects rates across all coverage types. Even one liability claim can increase your premiums for three to five years. Insurance companies offer better rates to businesses with claim-free records and strong risk management.
Coverage Types and Limits
Your coverage choices shape your premium costs. Higher liability limits increase rates, but bundling coverage through a business owner's policy often saves money. Georgia businesses often save 10% to 15% by combining property and liability coverage.
Years in Business
New Georgia businesses pay higher premiums since insurers lack data to assess their risk level. After operating claim-free for three to five years, many businesses qualify for lower rates as they build a solid track record.
Professional Certifications
Safety certifications and professional licenses can reduce your insurance costs. OSHA training completion and industry-specific credentials show insurers you prioritize risk management, often leading to 5% to 15% premium discounts.
Georgia Business Insurance Buying Guide
Running a business takes all your focus, and getting business insurance can feel like one more task on your endless to-do list. Our straightforward guide breaks down everything Georgia business owners need to know about insurance coverage.
What Coverage Is Required?
We've researched all Georgia business insurance requirements to save you time and effort. Find a complete breakdown of what coverage your business needs in the detailed section below.
- Passenger transportation providers need higher limits ranging from $1.5 million to $5 million, depending on passenger capacity
- Intrastate motor carriers require split liability insurance with minimums of 100/300/50
- Vehicles over 10,000 pounds may need additional coverage based on cargo type
Workers' Comp
Georgia requires workers' compensation insurance for businesses that regularly employ three or more people, whether full-time or part-time. This includes temporary and seasonal workers in the employee count.
Special provisions for corporations: Up to five officers in a corporation can waive workers' comp coverage for themselves, but this doesn't reduce the total employee count for determining the requirement.
Subcontractor liability: Businesses may be responsible for providing workers' comp coverage to subcontractors if the subcontractor doesn't have their own policy. Check with Georgia's Workers' Compensation Board for specific subcontractor classification rules.
Commercial Auto Insurance
All business-owned vehicles in Georgia must carry commercial auto insurance with minimum liability coverage of $25,000 per person for bodily injury, $50,000 per accident for bodily injury and $25,000 for property damage (25/50/25).
Higher requirements for specific operations:
Personal vehicles used for business purposes should be covered by hired and non-owned auto insurance, as personal auto policies typically exclude business use.
What Coverage Do We Recommend?
Georgia keeps business insurance regulations minimal, leaving you to decide what coverage your company needs. Our analysis shows the best protection options for the state's leading industries:
Trucking | Commercial auto, cargo coverage, general liability, workers' compensation, severe weather coverage, I-75/I-85 corridor coverage, port operations coverage, hazmat transportation | Georgia trucking companies navigate major interstate corridors with high accident rates and serve the Port of Savannah. Severe weather including tornadoes and ice storms create cargo damage and delay risks for time-sensitive shipments. |
Manufacturing | General liability, product liability, workers' compensation, commercial property, business interruption, environmental liability, tornado coverage, supply chain interruption | Georgia manufacturers in automotive, carpet, and food processing face tornado damage risks and supply chain disruptions. Carpet mills in North Georgia have specialized fire and environmental liability from chemical processes and textile operations. |
Construction/Contractor | General liability, workers' compensation, commercial auto, builder's risk, professional liability, tornado coverage, severe weather delays, clay soil coverage | Georgia construction faces tornado damage, severe thunderstorms and clay soil foundation challenges. Rapid growth, traffic congestion and complex urban building requirements elevate liability in the Atlanta area. |
Photography | General liability, professional liability, equipment coverage, commercial auto, workers' compensation, outdoor shoot coverage, severe weather coverage, celebrity/talent coverage | Georgia film industry photographers face equipment damage from severe weather, outdoor location liability and talent injury risks. Production delays from storms can trigger completion bond claims and contract disputes. |
Restaurant | General liability, product liability, commercial property, equipment breakdown, business interruption, tornado coverage, liquor liability, workers' compensation, food contamination coverage | Georgia restaurants face severe weather closures, tornado damage and food contamination risks from power outages. Atlanta's dining scene requires elevated liability limits due to high customer volume and tourist exposure. |
How to Get the Best Cheap Business Insurance in Georgia
Getting the right business insurance in Georgia can be challenging for small business owners. Here are proven ways to protect your company while keeping insurance costs manageable:
- 1
Assess Your Business Risks
Look at what could harm your Georgia business, not what insurance agents suggest you need. A Savannah restaurant needs strong property and liability coverage, while an Atlanta tech consultant should focus on professional liability and cyber protection.
- 2
Compare Multiple Insurance Quotes
Insurance companies in Georgia calculate risks differently, leading to varied prices for the same coverage. Contact at least three providers to find the best rates. A small business in Augusta could save hundreds or even thousands per year by shopping around.
- 3
Evaluate Provider Reputation
Research how well insurance companies handle claims and their financial strength before choosing. A Macon manufacturing company needs an insurer with industrial expertise, while a Columbus retail store wants quick response times for property damage claims.
- 4
Use Available Discounts
Combine policies when possible and take advantage of safety program discounts. A Marietta construction company can save by bundling general liability with commercial auto insurance and maintaining a strong safety record.
- 5
Review Coverage Yearly
Business risks change as your company grows or adds new services in Georgia. A small Athens retailer that expanded to e-commerce needs to adjust coverage for online sales risks and may find better rates with different providers.
Georgia Business Insurance: Bottom Line
Based on our analysis, The Hartford, NEXT and Simply Business are Georgia's best business insurance providers. However, what's ideal for you depends on your business risks and employee needs. Research each company's service quality, maximize discounts and select coverage that fits your budget.
Small Business Insurance in Georgia: FAQ
Finding the right business insurance in Georgia raises many questions for small business owners. Below, we answer the most frequently asked questions:
What business insurance is required by law in Georgia?
Georgia requires workers' compensation insurance for businesses with three or more employees. Commercial auto insurance is mandatory for business vehicles with minimum limits of $25,000/$50,000/$25,000. Most landlords require general liability coverage.
How much does business insurance cost in Georgia?
Our analysis shows that business insurance costs range from $75 to $149 monthly, depending on coverage. Workers' compensation is the most affordable at $75, while business owner's policies run $149.
Actual costs depend on your industry, business size and claims history.
Which company has the cheapest business insurance in Georgia?
The Hartford offers the lowest rates at $85 monthly in Georgia, with Thimble ($95) and Simply Business ($98) following behind. Compare multiple quotes since rates vary by business-specific factors.
What business insurance do I need for my small business in Georgia?
General liability insurance provides essential protection for customer injuries and property damage. Add workers' compensation for employees and commercial auto for company vehicles. Retail stores need property coverage, while contractors require tools and equipment insurance.
What is the best business insurance company in Georgia?
The Hartford leads business insurance providers in Georgia with an MoneyGeek score of 4.62 out of 5.0. NEXT and Simply Business follow as excellent alternatives. Compare multiple providers to find coverage that matches your business requirements.
Do small businesses in Georgia need workers' compensation insurance?
Georgia businesses with three or more employees must carry workers' compensation insurance. Companies with government contracts need coverage regardless of size. Going without leaves businesses vulnerable to injury lawsuits.
What factors affect business insurance costs in Georgia?
Your industry significantly impacts insurance costs. Construction businesses pay higher premiums than consulting firms. Location affects rates, with Georgia's coastal areas facing steeper costs due to hurricane risks. Employee count drives workers' compensation costs, while claim history and safety certifications influence rates.
How do I get cheap business insurance in Georgia?
Compare quotes from multiple insurers, assess your specific business risks and bundle policies for discounts. The Hartford and NEXT offer competitive rates in Georgia with high customer service scores.
What's the difference between general liability and errors and omissions (professional liability) insurance in Georgia?
General liability insurance protects against physical injuries and property damage. Professional liability (E&O) covers financial losses from service mistakes, negligence or poor advice. Service businesses often need both coverages.
Can I get business insurance quotes online in Georgia?
Yes, you can get online quotes from top Georgia insurers. For complex businesses like contractors, an agent may be needed for specialized coverage options.
How We Scored the Best Business Insurance Companies in Georgia
Small business owners in Georgia need reliable coverage that protects their operations without breaking their budgets. We designed our methodology to help Georgia entrepreneurs navigate challenges like hurricane risks and the state's optional workers' compensation laws.
We studied thousands of quotes from 79 industries across four coverage types for a two-employee firm with $300,000 annual revenue and $150,000 payroll. All policies included $1 million per occurrence and $2 million total per year, with BOPs adding $5,000 business property coverage.
- Affordability (50% of score): We compared rates across multiple carriers for identical coverage levels, weighing premium costs against industry averages and local market conditions.
- Customer experience (30% of score): Our analysis examined claims processing speed, digital tools, and customer support quality based on verified policyholder feedback.
- Coverage options (15% of score): We evaluated the range of optional coverages, policy customization flexibility, and industry-specific endorsements.
- Financial strength (5% of score): We reviewed AM Best ratings and other financial stability indicators to ensure reliable claims-paying ability.
This approach helps Georgia small business owners compare insurers on what matters most: affordable premiums, reliable service, adequate coverage and financial stability.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.
sources
- NEXT. "NEXT Empowers Agents with Enhanced Products, Cutting-Edge Digital Tools, Opening New Revenue Opportunities and Sparking Momentum in Small Business Insurance." Accessed July 25, 2025.
- Simply Business. "Simply Business Offers Insurance to Third-Party Sellers Through Amazon Insurance Accelerator." Accessed August 19, 2025.
- The Hartford. "Customer Claims Ratings and Reviews." Accessed August 19, 2025.
- Trustpilot. "NEXT." Accessed August 19, 2025.
- Trustpilot. "Simply Business US." Accessed August 19, 2025.
- Trustpilot. "The Hartford." Accessed August 19, 2025.