DELAWARE BUSINESS INSURANCE

BUSINESSES WE INSURE IN DELAWARE

At Selective, we offer commercial insurance to over 400 types of businesses. Alongside our independent agency partners, we are proud to serve Delaware businesses of almost any size, including, but not limited to:

• Contractors – general contractors (residential and commercial), electrical, building services, land grading, heavy construction, siding and sheet metal, painting and paper hanging

• Manufacturers and Wholesalers – electronics and electrical equipment, fabricated metals, industrial machinery, technology, furniture and fixtures 

• Professional Offices – law firms, advertising agencies, medical offices, real estate agencies, architects, accounting firms

• Mercantile Services – retail food & fine dining, retail goods, public golf courses

• Auto Services – including repair shops, body shops, and dealers

• Consumer Assistance Programs – social services, senior living, religious organizations, municipalities, volunteer fire departments

Don't see your profession or want more information? Find a local independent agent in Delaware for answers and a business insurance quote.

DELAWARE BUSINESS INSURANCE FROM SELECTIVE

While no one knows your business like you do, Selective and your independent agent can help you mitigate your unique risks with a personalized commercial insurance solution built around three essential coverages:

Additional Coverages for Delaware Businesses

Selective offers optional insurance coverages and enhancements to help you and your agent build a targeted insurance solution that meets your needs. Optional coverages for Delaware businesses include:

• Workers Compensation – can help pay for medical treatment, lost wages, rehabilitation, and disability benefits if an employee has a work-related injury or illness. It can also help protect you as a business owner by helping pay for legal costs if an injured worker sues your business because of certain employment-related bodily injury.
• Commercial Flood Insurance – in Delaware helps protect your physical buildings or structures and their contents, including furniture, equipment, and inventory, from flood-related losses, including damage to the foundation, walls, HVAC, wiring, and more.
• Product Recall Coverage – can help your business navigate product recalls, reduce losses, and pay for covered expenses such as hiring temporary employees or product disposal.
• Management Liability Insurance – is a suite of coverages that can help protect your Delaware business from financial losses not typically covered under standard commercial general liability policies. MLI coverages include Directors and Officers (D&O), Employment Practices Liability Insurance (EPLI), and Fiduciary Liability (FLI).
• Commercial Auto Insurance – in Delaware can help protect your company vehicles and drivers on and off the road. It may also help pay for medical bills if you, your employees, or passengers are injured in an accident in which your company is liable.

Get Broad and Convenient Coverage in Delaware from a Business Owners Policy

A Business Owners Policy (BOP) bundles property, liability, and business income insurance into a single, budget-friendly package. This convenient insurance solution from Selective offers broad coverage that can help protect your business against losses related to property damage, lawsuits, or other incidents.

Instead of purchasing separate policies for property, liability, and business income insurance, a BOP bundles these coverages into a single, budget-friendly policy.

Your independent Delaware insurance agent can help you decide if a Business Owners Policy meets your needs.

FREQUENTLY ASKED QUESTIONS ABOUT DELAWARE BUSINESS INSURANCE

How Much Does Commercial Insurance Cost in Delaware?

Commercial insurance costs in Delaware vary from business to business. Factors that can affect your cost include (but are not limited to) location, payroll, number of employees, and the types of vehicles you own. Your local independent insurance agent can help you assess your risks and customize a commercial insurance policy that adequately protects your needs.

Is Workers Compensation Insurance Mandatory for Employers in Delaware?

Delaware businesses must carry worker’s compensation insurance if they employ one or more full-time, part-time, seasonal, or occasional workers. Without workers' compensation insurance, you could be held liable for all benefits provided under Delaware law if an employee is injured or becomes ill on your premises. A worker’s compensation policy may also provide injured workers with a portion of lost wages if they take time off to recover.