Wilmington Business Insurance
Commercial coverage for Wilmington's medical practices, restaurants, contractors, professional firms and property owners, from three local offices.
Commercial coverage for Wilmington's medical practices, restaurants, contractors, professional firms and property owners, from three local offices.
New Hanover County's economy leans on people-facing work. In 2024, health care was the largest private sector by employment, followed by restaurants and lodging, then retail. Restaurant and lodging employment ran at about 1.5 times the national share, and construction at about 1.4 times. The county also had more professional, scientific and technical firms (1,951) than any other private sector, many of them small offices.
Freight matters too. NCDOT notes that the Cape Fear Memorial Bridge corridor carries trucks to and from the Port of Wilmington, and the bridge's lift openings and repairs already cause unreliable travel times. Replacement is planned at an estimated $1.1 billion.
Workers compensation. Employers with three or more employees regularly employed in the same business need it, or approval to self-insure. Corporate officers count toward the three, even if the corporation excludes an officer from the policy. Sole proprietors, partners and LLC members aren't counted automatically, but can elect coverage. A contractor who hires a subcontractor without getting a certificate of insurance can be liable for that sub's injured workers, no matter how few employees the sub has. Going without required coverage can bring a penalty of $1 per employee per day, at least $20 and at most $100 a day, plus criminal charges.
Business vehicles need at least North Carolina's 50/100/50 auto minimums. Trucks hauling for hire across state lines need federal filings and higher federal limits.
City rules for short-term rentals. Wilmington treats rentals of 29 days or less as homestay or whole-house lodging. Operators must carry commercial general liability of at least $500,000 per occurrence for bodily injury and property damage, and a whole-house rental needs a local operator within 25 miles available around the clock.
Customer injuries and property damage. A BOP packages liability with property for eligible small businesses.
Your building, equipment and inventory, with wind, named storm and ordinance-or-law coverage.
Required at 3 or more employees. We also help with the year-end audit.
For medical, accounting, real estate, engineering and other professional practices.
Service vans, contractor trucks, delivery vehicles and fleets.
Liability that meets the city's requirement, plus property and loss of rents.
Higher limits above general liability, auto and employer's liability.
Every client works with a licensed advisor, and we compare more than 100 insurance companies.
See also: North Carolina Business Insurance, statewide rules and coverage.
Yes, once you have three or more employees regularly employed, or one if any work involves radiation. Corporate officers count toward the three.
The city requires commercial general liability of at least $500,000 per occurrence for homestay and whole-house lodging. You'll also want property coverage for the building and contents and loss of rental income.
Not always. Many coastal policies exclude wind and hail. The Coastal Property Insurance Pool writes commercial wind and hail in New Hanover County, and flood always needs its own policy.
The NFIP stops at $500,000 for the building and $500,000 for contents. Private excess flood can go above that.
Professional liability, property, business income, cyber and workers comp at three or more employees. We build it around the practice.
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.