Insurance for Small Business Owners in Nevada

Do You Need Small Business Insurance in Nevada?

From the bright lights of Reno and Las Vegas, to the peaceful retreats at Lake Tahoe and other natural surroundings, Nevada offers a little something for just about everyone. The Silver State is popular for its casinos and exciting nightlife, and it’s home to many thriving small businesses and has seen an increase in entrepreneurship over the years. According to the Small Business Administration:

  • Over 250,000 small businesses are operating in Nevada
  • Nevada small businesses employ over 474,000 private employees
  • New proprietors continue to increase, calling Nevada home to their small business

To protect these small businesses and the many economical benefits they contribute, the State of Nevada requires certain insurance coverages and recommends others. We’ve done the research to identify some of those requirements.

Required Business Insurance Coverage in Nevada

The State of Nevada requires the following insurance coverage for small businesses:
  1. Commercial Auto Insurance.
    In Nevada, all drivers—including commercial drivers—must have sufficient automobile insurance to cover property damage and injuries. Drivers in this state must carry minimum benefit amounts for bodily injury liability ($25,000 per person/$50,000 per accident) and for property damage liability ($20,000 per accident).  


  2. Workers’ Compensation Insurance.
    Even small businesses in Nevada are required to carry Workers’ Compensation coverage. This type of insurance typically covers the medical and legal costs for employees who are injured or become ill on the job. Without this coverage, your small business may incur state fines.

Recommended Business Insurance Coverage in Nevada

The following insurance coverage is recommended for Nevada small businesses:
  1. Small Business Owner’s Insurance.
    A Business Owner’s Policy (or BOP) is a cost-effective way for small business owners in Nevada to bundle both property insurance and general liability into one comprehensive policy. Typically BOP covers losses and damages related to buildings used for business purposes, as well as machinery, equipment, and business personal property. It also covers customer medical expenses for onsite accidents and advertising damage claims.

  2. General Liability Insurance.

    This coverage is often required for leasing commercial property. In Nevada, small businesses can seek general liability coverage as a separate policy to help ease the financial burden associated with customer injury and property damage claims, as well as slander and libel lawsuits. 

  3. Professional Liability Insurance.

    Often referred to as "errors and omissions insurance,” Professional Liability insurance is coverage designed for small businesses that provide expertise and consulting services. It typically covers the costs resulting from work mistakes and errors, missed deadlines, incomplete work, and professional negligence lawsuits.

  4. Cyber Liability Insurance.

    Small businesses can experience cybercrime events and data breaches--and those scenarios could be as seemingly innocuous as an employee misplacing an external hard drive with customer information. Cyber Liability coverage typically covers damages to data systems, in addition to customer notification, fraud monitoring, and associated legal costs stemming from such occurrences.

Our Small Business Insurance Company Is Here to Help

B2Z understands that insurance can be confusing, so we set out to make it understandable and easy to purchase.
  1. Q
    Does B2Z offer small business coverage in Nevada?
  2. Q
    How do I get a quote for small business insurance in Nevada?

    B2Z has made getting a quote simple: Answer a few questions about your business, choose your coverage, and validate your account and payment information. That’s it! Click the Get Your Quote button to get started.