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3075 N Market Ave, Ste. 1,
Fayetteville, AR 72703

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Arkansas Insurance Blog

Commercial Insurance Requirements in Arkansas

In 2018, Arkansas was home to more than 247,000 small businesses employing more than 400,000 people. Since 2018, those figures are estimated to have grown, with small businesses being a crucial part of Arkansas’ economy. Consequently, if you are a small business owner in Arkansas, you must have enough insurance to cover not only your business and assets but also your assets like company vehicles and property. 

When deciding between coverage options, it is essential always to have enough liability coverage to protect the entirety of your assets. Liability coverage helps pay for damage to a third party person or property. Additional examples of coverage offered under liability include advertising errors if accused of copyright infringement, reputational damage to help pay for defense against claims of slander or libel, and medical payments if someone is injured while at your place of work. 

Outside of several exceptions, the vast majority of small businesses in Arkansas are required to carry workers’ compensation insurance if they have three or more employees. Workers’ compensation insurance helps pay for medical bills and lost wages due to workplace injuries and illnesses. Additionally, any vehicle owned by the business must be covered under commercial auto insurance. 

When it comes to shopping for commercial insurance in Northwest Arkansas, look no further than Adams Insurance & Financial. Our friendly and knowledgeable team of insurance professionals know the industry like the back of their hands and are ready to customize a policy that perfectly fits your company’s needs. Give us a call today to schedule a no-obligation consultation to learn about how we can help protect your livelihood.

Servicing States

  • Arkansas
  • Oklahoma
  • Missouri
  • Texas
  • Tennessee
  • Georgia
  • Kansas

Why Work With Us?

  • Locally owned and operated
  • Works with multiple carriers
  • Combines policies for best rates
  • Customer friendly services
  • Print out your auto ID cards from home, anytime!

Partner Carriers

  • All-State
  • Equipment International Insurance Company
  • Foremost
  • Hagerty
  • K&K Insurance
  • MiniCo
  • Nationwide Insurance
  • Progressive
  • Safeco
  • State Auto
  • The Hartford