Maryland Business Insurance
Commercial coverage for Maryland contractors, restaurants, property owners, truckers and professional firms. One licensed agency comparing many insurance companies.
Commercial coverage for Maryland contractors, restaurants, property owners, truckers and professional firms. One licensed agency comparing many insurance companies.
Workers compensation starts with your first employee. With few exceptions, every employer with one or more employees has to provide coverage. That's different from North Carolina (3), Virginia (more than 2) and South Carolina (4). If you're expanding into Maryland from one of those states, check this before your first hire there.
Coverage can come from any company licensed to write workers comp in Maryland, including Chesapeake Employers' Insurance Company, the state's insurer of guaranteed market. Large employers with a net worth of $10 million or more can apply to self-insure with the Commission's approval.
Business vehicles need at least the state auto minimums. Trucks hauling for hire across state lines also need federal filings and higher federal limits.
Everything else (general liability, property, professional liability, cyber and umbrella) is required by the people you do business with rather than by the state.
Tidal and storm flooding. Waterfront businesses on the Bay see more high-tide flooding than they used to. A state case study on Annapolis counted an average of 3.8 nuisance floods a year from 1957 to 1963 and 39.3 nuisance flood days a year from 2007 to 2013, and storm surge from Tropical Storm Ernesto in 2006 flooded much of downtown. Commercial property policies don't cover flood, and federal flood insurance stops at $500,000 for the building and $500,000 for contents.
Workers comp from day one. Because the threshold is one employee, small Maryland businesses, a contractor with a single helper or a shop with one part-time clerk, can be out of compliance without knowing it.
Contracts that move risk to you. Government contracts, general contractors, landlords and shippers write insurance requirements into their contracts: additional insured status, waivers of subrogation, specific limits. A policy that doesn't match the contract can cost you the job.
Injury and property damage claims from customers and the public. A BOP packages liability with property for small businesses.
Your building, equipment and inventory, including wind, named storm and ordinance-or-law coverage.
Required from the first employee in Maryland. We also handle the year-end audit questions.
Business vehicles, fleets, motor carriers, cargo and federal filings.
For accountants, consultants, real estate and other professional firms.
Higher limits above general liability, auto and employer's liability.
Sizemore Insurance is licensed in Maryland. We don't have an office in the state. We serve Maryland businesses by phone and online from our North Carolina offices.
Main number: (910) 791-1011
Workers compensation is required, with few exceptions, once you have one employee, and business vehicles need at least the state auto minimums. Other coverage isn't required by state law, but landlords, lenders and clients usually require it in their contracts.
One. With few exceptions, every Maryland employer with one or more employees has to provide coverage.
The employer can be fined up to $10,000. If the employer is a corporation, the officers responsible for general management are personally liable for the fine.
No. The employer pays the entire cost, and deducting any of it from wages is a misdemeanor in Maryland.
No. We're licensed in Maryland and handle quotes, certificates, audits and claims help by phone and online.
Every client works with a licensed Sizemore advisor. We compare more than 100 insurance companies and recommend the one that fits. Request a quote online in about two minutes, or call us at (910) 791-1011, Monday through Friday, 8:00 AM to 5:00 PM.