Small Business Insurance
Risk Management & Insurance for Small Businesses
Small businesses have always been the lifeblood of the city of Sharon, but the commercial environment looks considerably different today than the blacksmiths, butchers, dry good stores, and taverns that served the borough’s 700 residents in the mid-1800s when Gilbert’s Risk Solutions opened our doors.
Independent businesses continue to be the backbone not just of our region, but of the nation — small businesses with fewer than 500 employees make up the vast majority of U.S. employer firms. One uninsured claim can jeopardize everything a small business owner has built, which is why the right coverage matters as much as the right business plan.
What Is a Business Owner's Policy (BOP)?
Frequently, small businesses can benefit from a package of insurance coverages called a Business Owner’s Policy, or BOP. This bundles core, essential coverages — Business Property Insurance, General Liability Insurance, and Business Interruption coverage — at a cost-effective rate, making it an ideal starting point for many small businesses.
While we’re proud to call Pennsylvania our home, we’ve helped businesses all across the country manage their risk, and we look forward to helping you too, no matter where you call home.
Liability Insurance for Small Businesses
Liability exposure looks different for every small business — a retail shop worries about slip-and-falls, a consultant worries about E&O claims. We help you identify which liability coverages actually matter for your operation, not a generic checklist.
Small Business Insurance Coverage Solutions
Whatever the size of your business — a handful of employees or several hundred, single or multiple locations — our goal is the same: to be your trusted risk management partner.
Some of the Common Types of Small Businesses We Insure:
- Retail Stores and Shops
- Trades and Service Providers
- Hospitality: Food, Beverage, Lodging
- Small Manufacturing
- Technology and Web Firms
- Professional Offices
- Printing & Publishing
- Contractors
Optional Protection to Bolster Your Coverage:
- Commercial Auto Insurance
- Additional or Higher-Limit Liability Coverage
- Errors and Omissions Insurance (E&O)
- Cyber Liability Insurance
- Umbrella Insurance
- Employment Practice Liability
- Fiduciary Liability
Our Goal Is to Be Your Outsourced Risk Management Partner
Small business owners know there’s any number of things that can disrupt the flow of business and jeopardize the bottom line — a dissatisfied customer filing a lawsuit, a weather-related shutdown, or the loss of a key employee. Our role is to work with you to identify your current and potential exposures and put solutions in place to reduce your risk.
Tailored Protection
Depending on the nature and scope of your business, several optional protections may be beneficial — see the coverage list above for a few. Assessing your exposures and suggesting solutions to mitigate risk is central to what we do.
360 Degree Approach
Gilbert’s Risk Solutions takes a 360-degree view of your business, ensuring all aspects are secure. Our team of experts in Employee Benefits, Surety Bonds, and Loss Control are all available, offering a multi-pronged approach to risk mitigation.
Our RISK SHIELD® Process
You’re required by law to carry workers’ compensation insurance, covering medical costs and wage replacement should an employee be injured on the job. Beyond that, assessing your exposures and recommending solutions to mitigate risk is part of the RISK SHIELD® Assessment we conduct on your behalf.
CONSULT
DESIGN
BUILDING
MAINTAIN
Small Business Insurance FAQs
Most small businesses need general liability, commercial property, and workers' compensation at minimum, with additional coverage like cyber liability or E&O depending on the nature of the business.
A BOP bundles general liability and property coverage into a single, cost-effective policy — a great fit for many small businesses, though larger or higher-risk operations may need coverage tailored beyond a standard BOP, such as cyber liability. Learn more about our Cyber Liability Insurance.
It's a good idea to review coverage annually, and especially after major changes like hiring employees, adding locations, or introducing new products or services.
