North Dakota Business Insurance

Customized protection for your North Dakota business

North Dakota business owners should consider business insurance to protect their livelihood from a variety of costly incidents that can happen at work. This includes common accidents and mishaps, such as a customer slipping and injuring themselves at your shop or an employee suffering a work-related injury or illness.

According to the U.S. Small Business Administration (SBA), North Dakota small businesses make up over 98.7% of all businesses in the state and employ nearly 198,871 people. These businesses must protect their employees with workers’ compensation insurance.

Luckily, finding customized business insurance is simple with the Progressive Advantage® Business Program. Our insurance experts will help tailor a policy to your business’s needs. Simply call us or start a quote online.

Types of ND business insurance

General Liability

This is the most common business insurance coverage, and nearly all businesses in North Dakota should have it. It protects against third-party bodily injury and property damage, as well as personal and advertising injury.

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Commercial Auto

This coverage protects against damage to your vehicles and trailers, as well as injuries or property damage related to their use. Your personal auto policy doesn’t cover vehicles while they’re being used for business reasons.

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Workers' Compensation

North Dakota businesses must carry workers’ comp insurance if they have one or more employees. Businesses are required to get coverage directly through the state.

Learn more about workers' comp in North Dakota.

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Business Owners Policy (BOP)

A BOP combines property and liability coverage into one easy-to-manage policy. It’s a great option for small to medium-sized businesses that rent or own commercial property, such as a storefront, warehouse or office building.

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Professional Liability

North Dakota businesses that offer professional services should consider this coverage. It protects businesses from claims of professional negligence, both actual or alleged, and helps pay for defense costs. It’s also known as errors and omissions insurance (E&O).

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Cyber Insurance

This protects against incidents like data breaches and cyber attacks. It includes first-party and third-party protection for things like investigative services, data recovery and legal costs. Businesses that store or manage customer data, like credit card information, typically need this coverage.

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How much does business insurance cost in North Dakota?

The cost of business insurance in North Dakota is based on many factors, including a business’s experience, size and location. For example, a business located in Fargo with three employees will have a different insurance cost than one located in Bismarck with nine employees.

One of the most important cost factors is the type of work your business does. Some professions are exposed to more risk than others, which causes their rates to differ. For example, a tree trimmer who works high off the ground is exposed to more risk than a landscaper who works only at ground level and can expect to pay a higher premium because of it.

Learn more about the factors that determine your business insurance rate.

North Dakota business insurance requirements

North Dakota requires all businesses with employees to carry workers’ compensation insurance. North Dakota is considered a monopolistic state, meaning that its unique laws restrict businesses from purchasing workers' comp through private insurance carriers. Instead, all businesses must purchase coverage directly through the state’s insurance fund. Visit the North Dakota Workforce Safety & Insurance to learn more or to apply for coverage.

While workers’ compensation insurance is the only business insurance required by law in North Dakota, it’s important to consider other types of coverage to protect against common business risks. Additional coverages, like general liability or a BOP, can help protect your business from the financial hardships that often result from unexpected incidents.

Resources for North Dakota small business owners:

North Dakota Business Tools & Resources (ND.gov)
North Dakota Small Business Development Center (NDSBDC)
2023 North Dakota Small Business Profile (U.S. Small Business Administration)

North Dakota professions we insure

We help small business owners from a wide variety of industries, including these common professions:

Browse more examples of professions we insure.

Why choose Progressive?

Options

We can help you secure coverage at any stage of your business’s development with the flexibility to adjust your policy as your business changes. Our agents will work with you to make sure you’re getting protection that meets both your needs and budget.
Experts

As the #1 commercial auto insurer in America^*, you can trust us with all your business insurance needs. Our team of specially trained, in-house agents can assist you every step of the way to make sure you’re getting the best coverage for your business.
Convenience

There are several ways to get a quote, whether you need a single North Dakota policy or a combination of business insurance coverages. Simply start a quote online or call us to speak with an agent.