Illinois General Liability Insurance Policy Information

Illinois General Liability Insurance. IL general liability insurance protects your business against property damage, advertising injury claims, personal injury claims, and bodily injury claims. Such claims could jeopardize the success and reputation of your business.
As a business owner or small contractor, you require a form of general liability protection, to shield you from such unexpected situations. A single accident might lead into a lawsuit that is beyond your financial abilities. When that happens, you will be staring at losing your source of livelihood. That is where general liability insurance comes in.
Illinois general liability insurance pays for cost of third-party lawsuits over slip-and-fall injuries, property damage and more. Get a fast and affordable quote in IL.
What Does General Liability Insurance Cover?
Businesses are inherently risky. The good news is that some of the risks can be protected. General business liability insurance helps to safeguard your business against various known and unknown risks. Some of the areas in your business that are covered by Illinois general liability insurance include:
- Property damage and bodily injury: The property damage and bodily injury helps to protect your business against various business claims as well as claims alleging financial loss as a result of bodily injury or property damage, occurring out of your products or business operations. Slip an fall is covered here.
- Advertising errors: This protects your IL business from certain claims where others claim that your business has infringed on certain copyrights when advertising your goods, services or products.
- Reputational harm: The reputational harm protects your business against claims of malicious prosecution, false arrest, slander, libel, wrongful eviction and violation of privacy rights, just to name a few.
- Damage to rented premises: This helps to protect your company from certain claims that might occur during your business operations. This may be occasioned by lightning, fire or explosion.
- Medical payments: Illinois general liability insurance will protect your business against medical claims brought forward, when someone gets injured in your business premises and requires medical treatment.
- Some clients might also need you to agree to a certain level of general liability before you can provide goods or services to them. With IL general liability insurance, such issues are adequately handled.
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IL General Liability Insurance Cost
The cost of your Illinois general liability insurance coverage is determined by various factors. They include the business type, location of your business, the total number of employees in your business, as well as the risk level your business is exposed to. For example a roofer working on a roof faces much higher risks than an accountant sitting in an office behind a desk.
In our litigious society, more and more businesses are being sued due to issues like libel, slander, property damage, and bodily injury, just to name a few. Apart from that, businesses can be sued even when they have not done anything wrong. That is why your business requires general liability insurance protection.
IL Small Business Insurance By Industry And/Or Type
Select the Illinois general industry or small business insurance type link below to find more detailed information on coverage, costs, exclusions and more:
- Advertising, Marketing and Media
- Agribusiness
- Arts and Recreation
- Auto Sales, Service And Repair
- Aviation
- Bonds
- Children And Pets
- Commercial Property
- Construction Contractors
- Contractors And Home Improvement
- Education, Colleges, Universities And Schools
- Financial Institutions
- Food And Drink
- Health And Beauty
- Information Technology And Internet
- Lodging Places
- Local, State And Federal Government
- Manufacturing
- Marine, Boat And Watercraft
- Medical And Dental
- Miscellaneous
- Non-Profit
- Professional Services
- Real Estate
- Retail
- Small Business Commercial Auto
- Small Business Insurance
- Sports And Fitness
- Warehouse And Storage
- Wholesale And Distribution
- Illinois Specific Commercial Insurance Articles
Advertising, Marketing and Media
Learn about Illinois media liability insurance - a specialized form of professional liability insurance that provides protection for legal claims brought by third parties.
- Advertising Agency
- Book Publishers
- Call Center
- Direct Mailing Services
- Graphic Arts
- Graphic Designers
- Magazine Publishers
- Market Research Firm
- Marketing Consultant
- Printers & Publishers
- Public Relations
- Radio Stations
- Search Engine Services SEO
- Social Media Consultant
- Television Stations
Agribusiness
Learn about IL agribusiness insurance - a type of commercial insurance protects farmers against loss of, or damage to crops or livestock.
- Aquaculture Fish Farm
- Beekeepers
- Commercial Fishermen
- Crop
- Dairy Farm
- Equine And Horse Farm
- Farm And Ranch
- Farm Labor Contractors
- Livestock & Cattle
- Nursery And Greenhouse
- Nut Farm
- Orchards & Groves
- Poultry Farm
- Sheep & Goat Farm
- Swine, Hog & Pig Farm
- Tobacco Farm
Arts and Recreation
Read up on Illinois arts and recreation commercial insurance.
- Amusement Parks
- Archery Range
- Artist
- Athletic Fields
- Ballparks
- Ballrooms
- Billiard And Pool Halls
- Carnivals
- Bowling Alleys
- Cave Tours
- Dance Studio
- Disc Jockey DJ
- Drive-In Theaters
- Entertainers And Performers
- Event Planning
- Fairs & Fairgrounds
- Film Production
- Guides & Outfitters
- Handball & Racquetball Courts
- Horse & Dog Racetracks
- Indoor Sports Complexes
- Interior Decorator
- Interior Design
- Motorsports Racetracks
- Musicians
- Photo Booth
- Photographer
- Recording Studio
- Recreation Centers
- Riding Stables
- Roller Skating Rinks
- Shooting Ranges
- Skateparks
- Skeet & Trap Shooting Ranges
- Ski Resorts
- Stadiums
- Talent Agency
- Tennis Centers
- Theaters
- Video Arcades
- Wedding And Special Event
Auto Sales, Service and Repair
Read about Illinois auto sales, service & repair insurance, which provides protection for damages done to customers vehicle's and other property as well as injuries resulting from the work done.
- Auto Dealers
- Auto Detailing & Mobile Car Wash
- Auto Dismantlers
- Auto Garage
- Auto Glass Repair Shops
- Auto Paint Shops
- Auto Service Repair
- Auto Supply Parts Store
- Car Rental
- Car Wash
- Gas Station
- Motorcycle Dealers
- Parking Lot
- RV Dealers
- Snowmobile Dealers
- Tire Store
- Truck Rental
- Used Car Dealer
Aviation
Learn about IL aircraft and aviation liability insurance - a specialized form insurance that provides coverage for hull losses as well as liability for passenger injuries, environmental damage and third-party damage caused by aircraft accidents.
- Aerial Applicators
- Airports
- Flight Schools
- Helicopter
- Hot Air Balloon
- Unmanned Aerial Vehicles (UAV) Drone
Bonds
Learn about surety and fidelity bonds which are types of insurance that are used to protect against damage or loss in commercial transactions.
Children and Pets
Discover what Illinois commercial insurance policies cover for children and pet related businesses.
Commercial Property
Read up on Illinois commercial property insurance, including how business property insurance protects your company's building's and/or their contents from damage, destruction, theft and vandalism.
- Apartment Building
- Business Interruption
- Commercial Flood
- Commercial Property
- Condo Association
- Duplex Rental Property
- Dwelling
- Equipment Breakdown Protection
- Homeowners Association
- Inland Marine
- Manufacturing And Mercantile Rental Property
- Mobile Home Park
- Non-Residential Building Operators
- Office Buildings
- Property
- Shopping Center & Strip Mall
- Vacant Land
- Vacant Property
Construction Contractors
Learn about Illinois construction contractors insurance, including how much the premium costs and what is covered - and how commercial insurance can help protect your IL construction business from lawsuits.
- Blasting & Drilling Contractors
- Bridge Contractors
- Building Contractors
- Cable Layers
- Concrete Contractors
- Construction Contractors
- Demolition Contractors
- Excavation Contractor
- Foundation Layers
- Framing Contractor
- General Contractors
- Masonry Contractor
- Mechanical Contractors
- Millwright Contractors
- Paving Contractors
- Road Contractors
- Roofing Contractor
- Sewer Contractors
- Steel Erection Contractors
Contractors and Home Improvement
Learn about Illinois contractor's insurance, including what it covers, how much it costs - and how commercial insurance can help protect your IL business from lawsuits.
- Air Conditioning Systems Installation Repair
- Appliance Repair And Service
- Blacksmith & Metal Workers
- Boiler Contractors
- Builders Risk
- Building Cleaning & Maintenance Services
- Cabinet Installers
- Cable And Satellite TV Installer
- Carpenters
- Chimney Sweep
- Cistern Contractors
- Contractor Liability
- Curtain Cleaners
- Deck Builders
- Door And Window Installers
- Dryer Vent Cleaning
- Drywall Contractor
- Electrical Contractors
- Environmental Remediation Contractors
- Fence Installation
- Fire Sprinkler Contractors
- Fire & Water Restoration Contractors
- Flooring Contractor
- Furniture Repair
- Garage Door Installer And Repair
- Glass Contractor
- Glazier
- Gutter Installation And Repair
- Handyman
- House Cleaning
- HVAC Contractor
- Insulation Contractor
- Janitorial Cleaning Services
- Landscaping
- Lawn Care
- Lawn Irrigation Sprinkler System Installation
- Locksmith
- Oil And Gas Well Drilling Contractors
- Painters
- Paperhanging Contractors
- Plastering And Stucco Contractor
- Plumbing
- Pressure Washing Contractors
- Propane And Fuel Dealers
- Rug, Upholstery & Carpet Cleaning
- Sandblasting Contractors
- Security Alarm
- Septic Tank Cleaning
- Siding Contractor
- Sign Installation And Repair
- Solar Panel Installers
- Snow Plow
- Stone And Tile Installer
- Subcontractor
- Swimming Pool Contractor
- Swimming Pool Maintenance & Service
- Tool Grinding & Repair
- Tree Surgeon
- Tree Trimming
- Tank Cleaners
- Upholstery Shop
- Waste Haulers & Garbage Collection
- Water Well Drilling
- Welding Contractor
- Wildlife & Pest Control
- Window Cleaning
Education, Colleges, Universities & Schools
Learn about Illinois commercial insurance for educators that helps protecting your professional reputation and other legal liabilities arising from your educational services.
- Art School
- Beauty School
- Charter School
- Chiropractic Schools
- Colleges, Universities & Professional Schools
- Driving Schools
- Educational Services
- Language School
- Music Schools
- Private Schools
- Real Estate School
- Tutoring
Financial Institutions
Discover the types of commercial insurance that banks, finance companies and other Illinois financial institutions need to protect their asset management, deposit, lending, investment and other operations.
- Banks
- Check Cashing
- Credit Union
- Currency Exchanges
- Finance Companies
- Insurance Company
- Mortgage Broker
Food and Drink
Learn about Illinois restaurants, bars, liquor stores commercial insurance coverages. See how food service insurance help protect against accidents, oversights and lawsuits resulting from business operations.
- Bagel Shop
- Bakery
- Bar
- Beer Distributor
- Brewery
- Catering
- Coffee Shop
- Concession Stand
- Delicatessen
- Farmers Market
- Grocery Store
- Ice Cream Shop
- Internet Cafe
- Liquor Liability
- Liquor Store
- Nightclub
- Pizzeria
- Restaurant
- Sandwich Shop
- Supermarket
- Tavern
- Winery
Health and Beauty
Learn about Illinois health and beauty insurance coverages that help protect tattoo artists, salons, spas, estheticians, cosmetologists, barbers, hairdressers, nail salons and more from legal liability.
- Acupuncture
- Barber Hair Dresser
- Beauty Salon
- Chiropractic
- Cosmetology
- Day Spa
- Diet Nutrition Services
- Esthetician
- Massage Therapy
- Medical Spa
- Nail Salon
- Permanent Cosmetics And Microblading
- Personal Trainer
- Tanning Salon
- Tattoo
- Weight Loss Center
Information Technology and Internet
Learn about Illinois IT technology insurance policies that help protect IT businesses, consultants & subcontractors from the unique risks that small tech businesses face when they work.
- Application Development
- Computer Electronic Repair
- Computer Programming
- Computer System / Network Developer
- Cyber Liability
- Data Breach
- eCommerce
- Electronic Data Processing
- Internet Business
- Internet Service Providers
- IT Consultant
- Online Store
- Software Developer
- Technology Services
- Telecommunications Insurance
- Website Design
Lodging Places
Find out what types of business insurance that Illinois hotels, motels and other lodging places should have to protect their varied operations.
Local, State And Federal Government
Discover what types of commercial insurance government entities in Illinois need.
- County Administration Offices
- Courthouse
- Fire Departments
- Government Buildings
- Jails
- Law Enforcement Entities
- Municipalities
- Public Buildings
- Townships
Manufacturing
Learn all about Illinois manufacturing insurance. Manufacturers face many unique risks such as product liability and/or product recall exposures due to the nature of their business operations.
- Adhesives
- Alarms
- Audio & Video Equipment
- Auto Parts
- Boxes
- Bricks
- Brooms & Brushes
- Buttons
- Cabinets
- Camping Equipment
- Canned Fruit & Vegetables
- Cans
- Canvas Products
- Caskets
- CBD Oil And Hemp
- Cement
- Ceramics
- Chemical
- Clock & Watch
- Clothing
- Commercial Air Conditioning
- Commercial Electronics
- Communications Equipment
- Computers
- Condoms
- Construction Equipment
- Cork Products
- Cosmetics
- Cutlery
- Down And Feather Products
- Dry Ice
- Dyes & Pigments
- Electronic Toys & Games
- Electroplating
- Elevators
- Engines
- Exercise Equipment
- Farm Equipment
- Feed & Grain
- Fences
- Fertilizer
- Fireworks
- Fur Garment
- Garage Door
- Gears
- Glass
- Glassware
- Gypsum Products
- Hosiery
- Ink
- Insecticides
- Iron & Steel Foundries
- Jewelry
- Lawn Mowers
- Leather Apparel
- Lighting & Wiring
- Lumber & Wood Products
- Machine Shop
- Major Electrical Appliances
- Manufacturing
- Marijuana Products
- Mattresses & Box Springs
- Metal & Plastic Furniture
- Metal Heat Treating
- Metal Toys
- Millwork
- Monuments
- Musical Instruments
- Nonferrous Foundries
- Ornamental Metalwork
- Paint
- Paper & Allied Products
- Pesticides
- Pet Food
- Pharmaceuticals
- Plastic & Rubber Toys
- Plastic Goods
- Plastics
- Plastics Molding, Forming & Extruding
- Pottery
- Product Liability
- Prosthetics
- Pulp & Paper Mills
- Refractory
- Residential Air Conditioning & Heating
- Rubber Goods
- Rugs
- Sawmills & Planing Mills
- Screw Machine Products
- Sheet Metal
- Soap & Detergent
- Shoes
- Small Electrical Appliances
- Sporting Goods
- Springs
- Stone Products
- Tanneries
- Textiles
- Textiles Finishing & Coating
- Tires
- Tobacco
- Tool & Die Shops
- Vending Machines
- Wire
- Wire Rope
- Wood Furniture
- Woodworking
- Writing Instruments
- Yarn
Marine, Boat And Watercraft
Discover what types of commercial insurance government entities in Illinois need.
- Boat Dealers
- Boat Repair & Dry Docks
- Dock & Pier Contractors
- Dredging Contractors
- Marinas
- Ship Chandlers
- Boat & Watercraft Insurance
Medical and Dental
Discover Illinois business insurance for medical and dental professionals. Medical malpractice insurance is a type of professional liability that protects health care professionals from liability causing in bodily injury, medical expenses and property damage.
- Ambulatory Surgical Center
- Art Therapy
- Assisted Living Facilities
- Audiology
- Blood Banks
- Dental Lab
- Dental Office
- Diagnostic Imaging Centers
- Health Maintenance Organizations
- Healthcare Facilities
- Home Medical Equipment Dealers
- Hospitals
- Hypnosis
- Malpractice
- Marriage & Family Therapy
- Medical Clinics
- Medical Laboratories
- Medical Marijuana Dispensary
- Medical Practice
- Medical, Surgical & Hospital Supply Store
- Mental Health Counseling
- Nurse
- Nurse Registry
- Occupational Therapy
- Ophthalmologist
- Optician
- Optometrist
- Osteopathic Physicians
- Otolaryngologists
- Physicians Office
- Plastic Surgeons
- Podiatrists
- Prosthetists
- Psychiatrists
- Psychology
- Skilled Nursing Facilities
- Speech Therapy
- Substance Abuse Counseling
- Surgeons
- Veterinarian
Miscellaneous
Find informative articles on miscellaneous IL businesses including the types of commercial insurance they need, costs and other considerations.
- Adult Daycare
- A1griculture, Forestry, Fishing & Hunting
- Airports
- Bail Agent
- Camp
- Cemetery
- Control of Well
- Electric Utilities
- Employment Or Staffing Agency
- Enameling
- Engraving Business
- Facility Support Services
- Flight Schools
- Helicopter
- Hot Air Balloon
- Logging
- Mail Order
- Oil And Gas Lease
- Personal Concierge
- Photofinishing Lab
- Pollution
- Portable Sanitation
- Private Water Districts
- Process Server
- Refinery
- RV Parks & Campgrounds
- Security Guard
- Taxidermy
- Unmanned Aerial Vehicles (UAV) Drone
- Waste Disposal Landfill
- Wedding Planner
Non-Profit
Find useful articles on business insurance for Illinois non-profit 501(c)(3) organizations, charities and associations.
- Animal Shelter & Pet Rescue
- Charity
- Church
- Classic & Collector Car Clubs
- Fraternal Organization
- Goodwill Industries
- Labor Union
- Libraries
- Nonprofit
- Parent Teacher Organization
- Public Administration
- Red Cross Chapters
- Salvation Army
- Social Work Services
- Veterans Groups
- Volunteers of America
- YMCA
- YWCA
- Youth Groups
Professional Services
Get informed about Illinois professional services insurance, including Professional liability, aka errors and omissions (E&O insurance), that protects your business against claims that a professional service you provided caused your client financial loss.
- Accounting
- Actuaries
- Answering Service
- Architects
- Attorney Lawyer
- Auctioneer
- Auditor
- Background Music Services
- Bookkeeping
- Business Consulting
- Chemical Engineers
- Civil Engineers
- Claims Adjuster
- Commercial Laundries
- Commodity Broker
- Corporate Wellness
- Couriers
- Court Reporter
- Credit Bureaus
- Debt Collection Agency
- Detective Agency
- Diaper Services
- Draftsman
- Electrical Engineering
- Engineering
- Environmental Consultant
- Insurance Agents And Brokers
- Executive, Career & Life Coaching
- Executive Search Firm
- Expert Witness
- Financial Planner
- Financial Services
- Funeral Directors
- HR Consultant
- Inspection Bureaus
- Insurance Agents And Brokers
- Interpreter
- Mediator - Arbitrator
- Medical Billing
- Music, Drama & Dance Therapy
- Notary
- Office Machine Repair and Maintenance
- Piano Tuner
- Project Management
- Safety Consultants
- Speakers Bureaus
- Stock Brokers
- Surveyor
- Temporary Staffing
- Tax Preparer
- Title Abstractors
- Valet Parking
Real Estate
Learn about Illinois real estate insurance coverages including liability and commercial property policies for realtors, mortgage companies and more.
Retail
Read valuable Illinois retail insurance policy information. In a retail business, you need to have the right type of commercial insurance coverage so that your store, employees, and inventory are protected.
- Adult Novelty
- Antique Dealer
- Appliance & Electronics Store
- Army Navy Surplus Stores
- Art Dealers
- Art Gallery
- Arts & Crafts Supply Stores
- Bicycle Shop
- Book Store
- Bridal Shop
- Candy Confectionery Store
- Car Wash
- Carpet Store
- Cell Phone Stores
- Clothing Store
- Collectibles Memorabilia Store
- Consignment Stores
- Costume Stores
- Convenience Store
- Cosmetics Store
- Dry Cleaning
- Embroidery Services
- Equipment Rental
- Farm Equipment Dealers
- Fabric Stores
- Fish Markets
- Flea Markets
- Florist
- Funeral Home
- Furniture Store
- Gas Station
- Gift Store
- Greeting Card Stores
- Hardware Store
- Harness & Saddle Shops
- Home Improvement Store
- Infant, Baby & Children's Clothing Stores
- Jewelry Store
- Lamp Stores
- Lingerie Store
- Luggage Store
- Meat Market & Butcher Shop
- Men's Clothing Stores
- Music Store
- Newsstand
- Office Supply Store
- Paint & Wallpaper Store
- Pawn Shop
- Pet Store
- Pharmacy Liability
- Plumbing Supplies Fixtures Store
- Poultry Dealers
- Rent To Own Stores
- Scrap Metal Dealers
- Sewing Store
- Shoe Store
- Sporting Goods Store
- Stationary Store
- Thrift Store
- Ticket Agency
- Tobacco Store
- Toy Store
- Travel Agency
- Trophy Stores
- Tuxedo And Formal Wear Rental Store
- Vape
- Vending Machine Operators
- Wig Store
- Women's Clothing Stores
Small Business Commercial Auto
Learn about Illinois commercial auto insurance which includes liability and physical damage protection for vehicles that are used for business purposes.
- Ambulance Services
- Armored Car
- Big Rig Truck
- Bobtail Non-Trucking Liability
- Charter And Tour Bus
- Commercial Auto
- Commercial Van
- Dump Truck
- Food Truck
- Freight Forwarder
- Household Goods Moving
- Limousine
- Non-Owned and Hired Auto Liability
- Owner Operator
- Pizza Delivery
- Repossession
- Taxi
- Tow Truck
- Truck
Small Business
Protect your company and employees with IL commercial insurance. Read informative articles on Illinois small business insurance coverages - and how they can help shield your company from legal liabilities.
- Business General Liability
- Business Liability IL
- Business Owners Policy (BOP)
- Certificate of Insurance
- CGL
- Commercial Electric Vehicle Insurance
- Comprehensive General Liability
- Directors and Officers Liability
- Employers Liability
- Employment Practices Liability
- General Liability
- Home Based Business
- Independent Contractor
- Liability Insurance Certificate
- Liability Insurance Illinois
- LLC
- Professional Liability
- Self-Employed
- Small Business
- Umbrella
Sports and Fitness
Learn about Illinois sports & fitness insurance policies and what they cover so that your customers, employees, and equipment are protected.
- Golf Course & Country Club
- Gym Fitness
- Hole-In-One
- Ice Skating Rinks
- Martial Arts
- Pilates
- Professional Sports
- Sports Team
- Swim Clubs
- Yoga Teacher
Warehouse and Storage
Learn about Illinois warehouse and storage insurance - which protects storage and warehouse facilities and protects their inventory from property damage from fire and weather, vandalism and theft and liability coverage as well.
Wholesale and Distribution
Read informative articles on Illinois wholesale distribution insurance. Distributors and wholesalers face specific risks including fire, flood and weather damage that can destroy products in the distribution center - and every part of the supply chain including late supplier shipments to unpaid invoices - can effect the entire operation.
- Air Conditioning And Heating
- Audio And Video Equipment
- Beer & Ale
- Beverage
- Cabinets
- Cameras & Musical Instruments
- Candy
- CDs, DVDs And Videos
- Clothing
- Coffee
- Confectioners
- Dairy Products
- Drugs
- Dry Goods
- Electrical Appliances
- Electrical Equipment
- Electrical Supplies
- Electronic Equipment
- Envelopes
- Extracts
- Food
- Fruit
- Fur
- Furniture
- Gifts
- Glassware
- Greeting Cards
- Grocers
- Hardware
- Importer & Exporter
- Jewelry
- Lamps
- Liquor Wholesaler
- Lumber
- Manufacturers Representative
- Meat
- Motion Picture
- Novelties
- Paint
- Petroleum
- Plate Glass
- Plumbing Supplies
- Restaurant Equipment
- Roofing Materials
- Rugs
- Seed Merchants
- Shoes
- Stationers
- Theatrical Supplies
- Tires
- Tools
- Toys
- Wallpaper
- Wholesale Florist
- Wholesaler Distributor
Illinois Specific Commercial Insurance Articles
Read informative articles on IL commercial insurance including costs and coverages.
- Best Business Insurance Illinois
- Cheap Small Business Insurance Illinois
- Illinois Commercial Insurance Brokers
- Illinois Commercial Insurance Quotes
- Commercial Liability Insurance Quotes Illinois
- General Liability Insurance Cost Illinois
- Liability Insurance Quotes Illinois
Illinois Economic Data & Business Insurance Requirements
For moguls who are thinking about conducting business-related affairs in Illinois, it's important to have an understanding of the state's economic outlook. It's also a wise idea to familiarize yourself with the regulations regarding IL commercial insurance.

Here we provide some insight regarding the data that pertains to economy of Illinois. We also provide a brief overview about the types of commercial insurance coverage business owners are required to invest in, or should invest in, even if it isn't mandatory.
Business Economic Trends In The State Of Illinois
According to several reports that compile the economic data for each of the 50 states and compare that information to the national average, Illinois isn't in the best position. While there has been some improvement, the gains have only been slight. Income and employment rates have risen, and the housing market has increases; however, the gains in these areas have been minimal, especially when compared to the gains that other states have experienced.
While the unemployment rate has improved, falling to 4.8 percent in 2017 after it was stuck at a rate of almost 6 percent in 2016 and 2015, it appears that in reality, the IL labor force and employment gains are contradicting. In 2022, tens of thousands of people fell out of the state's labor force.
Looking to the future, it is predicted that while the employment rate in Illinois will grow, the rate at which it will grow will be much lower than the national average. Currently the projected annual job growth of the state is .5 percent. Following are some of the largest industries in IL.
- Agriculture
- Exports
- Manufacturing
- Mining
- Service Industries
Illinois Commercial Insurance Regulations
The Illinois Department of Insurance regulates insurance in IL. Businesses are required to carry workers compensation insurance. Workers comp is mandatory for any business that employs either an hourly or a salaried workforce, even if that workforce is just one person. Organizations are also required to carry IL commercial auto insurance if they use vehicles for any business-related reasons, such as deliveries, transport, or client visits.
General liability insurance is not required, nor is commercial property insurance; however, it is a wise idea for companies to invest in this type of coverage, as it will safeguard from lawsuits or losses that their properties could sustain.
Request a free Illinois General Liability Insurance quote in Addison, Algonquin, Alton, Arlington Heights, Aurora, Bartlett, Batavia, Belleville, Belvidere, Berwyn, Bloomingdale, Bloomington, Blue Island, Bolingbrook, Buffalo Grove, Burbank, Calumet, Carbondale, Carol Stream, Carpentersville, Champaign, Charleston, Chicago, Chicago Heights, Cicero town, Collinsville, Crest Hill, Crystal Lake, Danville, Darien, DeKalb, Decatur, Des Plaines, Dolton, Downers Grove, East Moline, East Peoria, East St. Louis, Edwardsville, Elgin, Elk Grove, Elmhurst, Elmwood Park, Evanston, Freeport, Galesburg, Geneva, Glen Ellyn, Glendale Heights, Glenview, Granite, Grayslake, Gurnee, Hanover Park, Harvey, Highland Park, Hoffman Estates, Homer Glen, Huntley, Joliet, Kankakee, Lake in the Hills, Lansing, Libertyville, Lisle, Lockport, Lombard, Loves Park, Machesney Park, Maywood, McHenry, Melrose Park, Moline, Morton Grove, Mount Prospect, Mundelein, Naperville, New Lenox, Niles, Normal town, North Chicago, Northbrook, O'Fallon, Oak Forest, Oak Lawn, Oak Park, Orland Park, Oswego, Palatine, Park Forest, Park Ridge, Pekin, Peoria, Plainfield, Quincy, Rock Island, Rockford, Rolling Meadows, Romeoville, Roselle, Round Lake Beach, Schaumburg, Skokie, South Elgin, South Holland, Springfield, St. Charles, Streamwood, Tinley Park, Urbana, Vernon Hills, Villa Park, Waukegan, West Chicago, Westmont, Wheaton, Wheeling, Wilmette, Woodridge, Woodstock, Zion and all other IL cities & Illinois counties near me in The Prairie State.
Also find Illinois insurance agents & brokers, IL local small businesses by General Liability Class Code and learn about Illinois small business insurance requirements for general liability, business property, commercial auto & workers compensation including IL business insurance costs. Call us (312) 300-7929.