Best Small Business Insurance in West Virginia

The State of West Virginia requires businesses that work in the state to have a few different kinds of insurance, including workers’ compensation insurance and commercial auto insurance. And, though not required by the state, data breach insurance may prove helpful if your business works with customers’ personal information.

Regardless of the state’s requirements for insurance, it’s important that you secure business insurance that fits your business’s needs.

In this review, we’ll explore the best small business insurance in West Virginia and share what makes them the right choice.

Recommended: Next Insurance offers dedicated small business insurance to West Virginia small businesses.


Next Insurance

four point seventy five out of five stars



  • Work directly with an insurance provider
  • Specialized in small business insurance coverage
  • Get a quote in under five minutes


Four point five out of five stars



  • Get connected to the best provider for your business
  • Get a quote on the phone between 8 a.m.–8 p.m. (Monday–Friday)
  • Coverage for a large variety of small businesses

The Hartford

four out of five stars


  • Direct insurance provider, not a marketplace
  • Offers niche and specialized insurance policies
  • Get an online quote within minutes


four point twenty five out of five stars


  • Insures micro-businesses and startups
  • Coverage for 180+ professional services
  • Offers short-term insurance policies


three point seventy five out of five stars


  • Optimum Insurance provider for online businesses
  • Extensive cyber risk solutions
  • 24-hour claims assistance hotline

We narrowed our search down to our top 5 insurance carriers in West Virginia and then closely analyzed coverage offered, policy details, pricing, and other aspects to determine which type of business each provider would be most suited to.

We also identified competitive selling points like excellent customer service and niche industry offerings that make each business insurance company unique.

Our Best West Virginia Business Insurance Providers for 2023:

  1. Next Insurance: Best online business insurance with fast and simple sign-up.
  2. Tivly: Best small business insurance marketplace.
  3. The Hartford: Offers specialized coverage and custom packages.
  4. Hiscox: Good for micro businesses.
  5. CNA: Great for tech companies.

1. Next Insurance: Best Insurance for Small Business

Next Insurance has streamlined the process of getting business insurance coverage completely online and in just a few minutes. Named one of the “Top 50 Disruptors of 2022” by CNBC, Next Insurance uses AI and machine learning to provide the best small business liability insurance options catered to unique business needs.

We consider Next to be the best business insurance company for business owners looking to get fast, affordable, quality coverage without walking into an agency or sifting through aggressive sales pitches. Next Insurance not only offers the most common types of small business insurance but also offers specific insurance products by industry in each state, instant digital certificates of insurance (COI) downloads, and more to make the process easier than ever. Using their user-friendly mobile app, you can easily pay premiums, access policy documents, and even file liability claims on the go with rapid response times. 

Due to their focus on small businesses exclusively, we found their rates to be slightly lower on average than larger insurance providers.

Next Insurance Featured Coverages

  • General Liability Insurance
  • Business Owner’s Policies (BOPs)
  • Commercial Auto Insurance
  • Commercial Property Insurance
  • Professional Liability Coverage (Errors and Omissions Insurance)
  • Hired & Non-Owned Auto Insurance
  • Liquor Liability Insurance
  • Tools & Equipment Insurance
  • Workers’ Compensation Insurance


  • Same-day insurance coverage
  • iOS/Android app for easy access to your COI, to file claims, and to change policy type
  • Get a quote and purchase a policy in less than 10 minutes
  • Easy-to-use scheduler so your insurance can start on a precise date
  • Competitive premiums designed for small businesses
  • Customizable policies
  • Convenient online chat support


  • No brick-and-mortar locations/branches for in-person transactions
  • Some specialized types of insurance coverage, like key person insurance, are not available

Find the Right Coverage for Your Business

Next Insurance is a fully online provider dedicated to low-cost, high-protection coverage for small businesses. Get a quote instantly.


2. Tivly: Best Business Insurance Marketplace

If you’re looking for a marketplace with the best quotes for business insurance, Tivly takes the gold. Tivly has gathered a wide range of small business insurance companies in one place to help you narrow down the search for a policy that meets your business's unique needs. Small business owners that may be considered high risk can find what they are looking for with Tivly.

It's important to note that Tivly is an insurance marketplace instead of an individual provider. The goal of this company is to make your search more simple by showing you the top business insurance policies for your situation and streamlining the signup process. By submitting one online form, you'll receive multiple quotes for commercial insurance products from several competitors, most of whom are on this list. You'll also get a quick rundown of each policy so that you know exactly what you're signing up for.

Tivly Featured Coverages

  • General Liability Insurance
  • Lost Income Insurance (Business Interruption Insurance)
  • Business Hazard Insurance
  • Commercial Property Insurance
  • Business Owner’s Policy
  • Commercial Auto Insurance
  • Workers’ Compensation Insurance
  • Commercial Umbrella Insurance
  • Professional Liability Insurance


  • Great customer service
  • Live and rapid phone support from 8:00 a.m.–8:00 p.m. Monday to Saturday
  • Easy-to-navigate website
  • Offers a lot of information about their different insurance options
  • Works with numerous partners to provide coverage for various types of businesses
  • Great pricing options


  • Policies are issued by other insurance providers, not Tivly.

Your Business Needs Insurance

Find out which policies your business needs and how much it will cost by getting a free quote.

CALL: 833-536-1478

3. The Hartford: Good for Specialized Insurance

The Hartford is a great insurance solution for businesses that need specialized insurance coverage. Though the insurance may not cover every type, as services like Tivly do, The Hartford offers customized insurance packages with only the coverage you need, which can save you hundreds long-term. The Hartford has served millions of small businesses for over 200 years while maintaining a great reputation for delivering some of the best specialized commercial insurance coverages and rates. 

The Hartford Featured Coverages

  • Business Owner’s Policy
  • Commercial Auto Insurance
  • General Liability Insurance
  • Commercial Property Insurance
  • Lost Business Income Insurance
  • Business Interruption Insurance
  • Professional Liability Insurance
  • Workers’ Compensation Insurance
  • Cyber Insurance
  • Commercial Umbrella Insurance
  • Employment Practices Liability Insurance


  • Long history with an A+ financial strength rating through A.M. Best
  • Many small business insurance types
  • Named "World’s Most Ethical Company" by Ethisphere Institute
  • BOP insurance combines general liability and business property insurance together
  • Easy online quotes


  • Not a good option if you prefer an industry-specific insurer
  • Poor J.D. Power's "Small Commercial Insurance Study" reviews
  • Complaints through the National Association of Insurance Commissioners.

4. Hiscox: Great for Micro-Businesses

Hiscox is the best small business insurer for micro-businesses since they have helped thousands of small and micro-businesses get insured. Hiscox has a dedicated team of small business professionals who focus only on helping small businesses get the right types of coverage at the best prices. 

Hiscox Featured Coverages

  • General Liability Coverage
  • Professional Liability Coverage
  • Business Owner’s Policy
  • Short-Term Insurance Policies
  • Cyber Insurance
  • Workers' Compensation Insurance
  • Coverage for 180+ professional services


  • User-friendly online quote generator
  • Insures businesses only
  • Serves businesses of all sizes
  • High ratings by major rating firms
  • Educational website and podcast
  • Over 10,000 positive customer reviews


  • Most customer reviews are found on the company’s website.

5. CNA: Good for Tech Companies

CNA offers the best insurance for online businesses, offering cyber risk insurance solutions. If your company deals in personal or financial information or may be at risk of data breaches or online attacks, CNA offers comprehensive cyber liability policies at the best prices. We like CNA because they offer three cyber risk insurance options, as well as other niche insurance products not found with other providers. 

CNA Featured Coverages

  • Cyber Risk Policies
  • Commercial Auto Insurance
  • General Liability Policies
  • Equipment Breakdown Insurance
  • Inland Marine Policies
  • Professional Liability and Management Insurance
  • Ocean Marine Insurance
  • Business Property Coverage
  • Surety Insurance
  • Umbrella and Excess Casualty Insurance
  • Workers’ Compensation Coverage


  • Specializes in business insurance
  • Covers small-, mid-, and large-sized businesses
  • Covers over 180 niche businesses
  • Eighth largest business insurance provider in the US
  • High ratings from all major insurance rating agencies
  • 24-hour claims assistance


  • The online quote generator doesn’t always work
  • A small number of customer reviews

Small Business Insurance Review Methodology

Choosing the best business insurance comes down to five things:

  1. The type of business you have
  2. The type of coverage you need
  3. Which provider offers the best value
  4. Easy-to-navigate simple claims process
  5. Great customer service

First, we narrowed it down to the five best small business insurance providers, most of whom offer online quotes so that you can get coverage and a certificate of insurance for your business today. 

Then, we analyzed coverage offered, policy details, pricing, and other aspects to determine which type of business each provider would be most suited for small business owners. 

Finally, we've identified competitive selling points like excellent customer service and niche industry offerings that make each business insurance company unique.

West Virginia Business Insurance Requirements and Resources

West Virginia Insurance Requirements

The state of West Virginia mandates that any company with five or more employees (whether full-time or part-time) operating within the state must have workers' compensation insurance. 

Commercial auto insurance is also required by law for any business whose employees use corporate vehicles as part of their jobs.

In addition, the state of West Virginia has passed legislation on data breaches, which mandates that customers and employees whose information has been compromised must be notified. Cyber liability insurance may not be required by law, but it is highly recommended because the costs of data breaches and cyberattacks can quickly add up.

Workers’ Compensation Insurance

Workers’ compensation has been a requirement in West Virginia since 1913 and is governed under the West Virginia Code. Workers’ compensation in West Virginia is managed by the West Virginia Offices of the Insurance Commissioner’s Employer Coverage Unit.

West Virginia law specifies that nearly all employers within the state must provide worker’s compensation insurance, with few exceptions:

§ 23-2-1: Employers subject to chapter; elections not to provide certain coverages; notices; filing of business registration certificates.

(a) The State of West Virginia and all governmental agencies or departments created by it, including county boards of education, political subdivisions of the state, any volunteer fire department or company, and other emergency service organizations as defined by §15-5-1 et seq. of this code, and all persons, firms, associations, and corporations regularly employing another person or persons for the purpose of carrying on any form of industry, service, or business in this state, are employers within the meaning of this chapter and are subject to all requirements of this chapter and all rules prescribed by the Industrial Council pursuant to §23-2C-5 of this code. 

West Virginia law also requires that employers post notice of workers’ compensation insurance for their employees' access:

§ 23-2C-15: Mandatory Coverage; Changing of Coverage

(c) Every employer shall post a notice upon its premises in a conspicuous place identifying its workers' compensation insurer. The notice must include the name, business address and telephone number of the insurer and of the person to contact with questions about a claim.

Commercial Auto Insurance

The State of West Virginia also requires any business whose employees use corporate vehicles as part of their jobs to carry commercial auto insurance. According to the West Virginia Department of Insurance, it is against the law to drive a car without insurance or other proof of financial responsibility. It is also against the law for a car owner to permit a driver to use their vehicle without proof of financial responsibility.

West Virginia Code governs the financial responsibility of owning and operating an automobile and sets penalties for failure to maintain proof of financial responsibility:

§ 17A-3-3: Application for Registration; Statement of Insurance or Other Proof of Security to Accompany Application; Criminal Penalties; Fees; Special Revolving Fund

(e) A statement under penalty of false swearing that liability insurance is in effect and will continue to be in effect through the entire term of the vehicle registration period within limits which may not be less than the requirement of section two, article four, chapter seventeen-d of this code, which shall contain the name and National Association of Insurance commissioners assigned code of the applicant's insurer, the policy number, and any other information required by the commissioner of Motor Vehicles or that the applicant has qualified as a self-insurer meeting the requirements of section two, article six of said chapter and that as a self-insurer he or she has complied with the minimum security requirements as established in section two, article four of that chapter. If the commissioner determines that the required security is not or was not in effect, he or she shall suspend the vehicle owner's driver's license and revoke the vehicle registration in accordance with the provisions of article two-a, chapter seventeen-d of this code.

If any person making an application required under the provisions of this section, in the application knowingly provides false information, false proof of security or a false statement of insurance, or if any person, including an applicant's insurance agent, knowingly counsels, advises, aids or abets another in providing false information, false proof of security, or a false statement of insurance in the application he or she is guilty of a misdemeanor and, upon conviction thereof, shall be fined not more than $500, or be imprisoned in jail for a period not to exceed fifteen days, or both fined and imprisoned and, in addition to the fine or imprisonment, shall have his or her driver's license suspended for a period of ninety days and vehicle registration revoked if applicable.

West Virginia also requires drivers to show proof of financial responsibility and sets minimum coverage limits of $25,000 per person, $50,000 per accident, and $25,000 for property damage:

§17D-4-2: "Proof of Financial Responsibility" Defined

(b) Beginning January 1, 2016, "proof of financial responsibility" means proof of ability to respond in damages for liability, on account of accident occurring subsequent to the effective date of the proof, arising out of the ownership, operation, maintenance, or use of a motor vehicle, trailer or semitrailer in the amount of $25,000 because of bodily injury to or death of one person in any one accident, and, subject to the limit for one person, in the amount of $50,000 because of bodily injury to or death of two or more persons in any one accident, and in the amount of $25,000 because of injury to or destruction of property of others in any one accident: Provided, That proof of financial responsibility provided by an insurance policy in effect on December 31, 2015 in the minimum amounts required in subdivision (a) of this section shall continue to provide adequate proof of financial responsibility required by this chapter until the policy expires or is renewed.

Data Breach Insurance

The state of West Virginia also has laws that require businesses that handle people's personal identifying information (PII) and personal health information (PHI) to tell people when their personal information has been exposed to a security breach.

The West Virginia Consumer Credit And Protection Act requires businesses that do business in West Virginia or keep personal information about people who live in the state must tell customers or employees if their personal information has been accessed or stolen. West Virginia does not mandate businesses to carry data breach or cyber liability insurance; yet, the expense of meeting legal requirements following a cyber assault can be substantial. 

§ 46A-2A-103: Procedures deemed in compliance with security breach notice requirements.

(a) An entity that maintains its own notification procedures as part of an information privacy or security policy for the treatment of personal information and that are consistent with the timing requirements of this article shall be deemed to be in compliance with the notification requirements of this article if it notifies residents of this state in accordance with its procedures in the event of a breach of security of the system.

(b) A financial institution that responds in accordance with the notification guidelines prescribed by the Federal Interagency Guidance on Response Programs for Unauthorized Access to Customer Information and Customer Notice is deemed to be in compliance with this article.

(c) An entity that complies with the notification requirements or procedures pursuant to the rules, regulation, procedures or guidelines established by the entity's primary or functional regulator shall be in compliance with this article.

Types of West Virginia Business Insurance

General Liability Insurance

The vast majority of West Virginia companies purchase general liability insurance from an insurance company even though it is not legally required. This type of business liability insurance covers third-party bodily injury, third-party property damage, advertising liability, libel, slander, copyright issue, and other common claims faced by companies across various industries. 

General liability insurance is one of the most important types of business insurance your company can purchase.

Business Owner’s Policy

A business owner’s policy (BOP) is an affordable way to bundle business insurance coverages. This type of policy includes commercial general liability insurance with commercial business property insurance. Many small business owners with a physical business space opt for this coverage.

Commercial Auto Insurance

You need to carry commercial auto insurance if your company uses vehicles to transport people or goods. This type of insurance is very similar to personal auto insurance and covers liability, medical costs, collisions, and uninsured/underinsured motorists. A commercial auto policy also covers vehicles rented or owned by your company and employees who use their own vehicles for company business.

Workers’ Compensation Insurance

West Virginia requires businesses with any full-time or part-time employees to carry workers’ compensation insurance, although there are some very specific expectations. Taking out workers' compensation insurance puts a limit on the amount and type of compensation that an injured employee may receive. The limits are set by law.

Employee Health/Life/Disability Insurance

Companies that provide health, life, and/or disability insurance as a fringe benefit will need appropriate West Virginia insurance. Under the Affordable Care Act, firms with more than 50 full-time employees must offer health insurance or pay an expensive penalty.

Professional Liability Insurance

Professional liability insurance covers financial risks to attorneys, accountants, and other people who provide professional services or expertise. Professional liability coverage varies depending on the industry but usually includes negligence, legal defense, slander or libel, and copyright and trademark disputes. 

Professional liability insurance includes errors and omissions (E&O) insurance.

Data Breach Insurance

If your company hosts customers’ personal information on its servers and those servers are hacked, lawsuits and damages can result. Data breach insurance protects you in these cases. 

Cyber Liability Insurance

Similar to but more comprehensive than data breach insurance, cyber liability insurance may pay for legal expenses related to a data breach or set up a call center for individuals affected by a breach. It also may pay for active protection against cyberattacks.

Commercial Crime Insurance

Crimes like extortion, forgery, burglary, computer fraud, and embezzlement are covered by commercial crime insurance. Situations in which this type of insurance is particularly useful include dishonest or libelous acts by employees.

Fiduciary Liability Insurance

Fiduciaries, who are legally required to act in plan participants’ best interests rather than the company’s when choosing advisors and investments, should consider this type of insurance coverage. It covers them if they are sued for allegedly providing negligent investment advice or administering plans or benefits incorrectly. 

Third parties like out-of-company consultants and benefit plan administrators are usually not protected.

Directors and Officers Insurance

Any company with directors and officers should consider directors and officers (D&O) insurance coverage, a type of liability insurance that reimburses directors and officers for claims made against them regarding harm allegedly caused by their management decisions.

Executive Risk Coverage

Executive risk insurance is business liability insurance that provides coverage for fraud, D&O, employment practices, initial public offerings, pension funds, extortion, and professional negligence.


Do I need business insurance in West Virginia?

Yes, you need business insurance in West Virginia. West Virginia requires all businesses with any full-time or part-time employees to carry workers’ compensation insurance or to self-insure against liability for workers getting injured on the job. 

Also, if your business owns any vehicles or if you use your personal vehicle for your business, you must have commercial auto insurance in West Virginia.

In order to protect your West Virginia business, you may also need other types of insurance coverage, such as general liability insurance, professional liability insurance, commercial property insurance, or a business owner’s policy.

How much does business insurance cost in West Virginia?

The price of business insurance in West Virginia is influenced by a number of different aspects, but the three that are considered to be the most significant are the type of business that is being insured, the kind of protection that is needed, and the required degree of protection.

Workers’ compensation in West Virginia is approximately 1.52% of payroll, or $1.52 per $100. The average national cost for some of the other types of insurance your business may need are:

  • General Liability: $65/month
  • Business Owner’s Policy: $99/month
  • Professional Liability (E&O): $97/month

The cost of commercial auto insurance will vary depending on a number of factors, including the number of vehicles that require coverage, the types of vehicles that need coverage, and the total number of business miles driven annually by those vehicles.

Why do I need small business insurance?

Some professions or business contracts require that you have business insurance. If this doesn’t apply to you, insurance is still a critical component of your business portfolio. Your policy is there to protect your company and its assets from unexpected lawsuits and claims.

What kind of business insurance do I need?

The type of business insurance you need depends upon the products or services you offer and how your business is structured. Every business should have a general liability policy. If you have business tools, equipment, or vehicles, you’ll want to consider covering those assets as well.

Do I need insurance for my LLC in West Virginia?

In short, yes. While incorporating as an LLC in West Virginia protects your personal assets, your business assets are still at risk in the event of a claim or lawsuit.

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