North Dakota General Liability Insurance Policy Information

North Dakota General Liability Insurance. ND 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.

North Dakota 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 ND.

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 North Dakota 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 ND 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: North Dakota 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 ND general liability insurance, such issues are adequately handled.
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ND General Liability Insurance Cost

The cost of your North Dakota 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.

ND Small Business Insurance By Industry And/Or Type

Select the North Dakota 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
Bonds
Children And Pets
Commercial Property
Construction Contractors
Contractors And Home Improvement
Education, Colleges, Universities And Schools
Food And Drink
Health And Beauty
Information Technology And Internet
Local, State And Federal Government
Manufacturing
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
North Dakota Specific Commercial Insurance Articles

Advertising, Marketing and Media

Learn about North Dakota media liability insurance - a specialized form of professional liability insurance that provides protection for legal claims brought by third parties.

Agribusiness

Learn about ND agribusiness insurance - a type of commercial insurance protects farmers against loss of, or damage to crops or livestock.

Arts and Recreation

Read up on North Dakota arts and recreation commercial insurance.

Auto Sales, Service and Repair

Read about North Dakota 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.

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 North Dakota commercial insurance policies cover for children and pet related businesses.

Commercial Property

Read up on North Dakota commercial property insurance, including how business property insurance protects your company's building's and/or their contents from damage, destruction, theft and vandalism.

Construction Contractors

Learn about North Dakota construction contractors insurance, including how much the premium costs and what is covered - and how commercial insurance can help protect your ND construction business from lawsuits.

Contractors and Home Improvement

Learn about North Dakota contractor's insurance, including what it covers, how much it costs - and how commercial insurance can help protect your ND business from lawsuits.

Education, Colleges, Universities & Schools

Learn about North Dakota commercial insurance for educators that helps protecting your professional reputation and other legal liabilities arising from your educational services.

Food and Drink

Learn about North Dakota restaurants, bars, liquor stores commercial insurance coverages. See how food service insurance help protect against accidents, oversights and lawsuits resulting from business operations.

Health and Beauty

Learn about North Dakota health and beauty insurance coverages that help protect tattoo artists, salons, spas, estheticians, cosmetologists, barbers, hairdressers, nail salons and more from legal liability.

Information Technology and Internet

Learn about North Dakota IT technology insurance policies that help protect IT businesses, consultants & subcontractors from the unique risks that small tech businesses face when they work.

Local, State And Federal Government

Discover what types of commercial insurance government entities in North Dakota need.

Manufacturing

Learn all about North Dakota manufacturing insurance. Manufacturers face many unique risks such as product liability and/or product recall exposures due to the nature of their business operations.

Medical and Dental

Discover North Dakota 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.

Miscellaneous

Find informative articles on miscellaneous ND businesses including the types of commercial insurance they need, costs and other considerations.

Non-Profit

Find useful articles on business insurance for North Dakota non-profit 501(c)(3) organizations, charities and associations.

Professional Services

Get informed about North Dakota 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.

Real Estate

Learn about North Dakota real estate insurance coverages including liability and commercial property policies for realtors, mortgage companies and more.

Retail

Read valuable North Dakota 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.

Small Business Commercial Auto

Learn about North Dakota commercial auto insurance which includes liability and physical damage protection for vehicles that are used for business purposes.

Small Business

Protect your company and employees with ND commercial insurance. Read informative articles on North Dakota small business insurance coverages - and how they can help shield your company from legal liabilities.

Sports and Fitness

Learn about North Dakota sports & fitness insurance policies and what they cover so that your customers, employees, and equipment are protected.

Warehouse and Storage

Learn about North Dakota 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 North Dakota 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.

North Dakota Specific Commercial Insurance Articles

Read informative articles on ND commercial insurance including costs and coverages.

North Dakota Economic Data, Regulations And Limits On Commercial Insurance

Are you an entrepreneur? Are you thinking about launching a start-up business in North Dakota, or are you thinking about expanding an already existing business to the state?

If so, it's important to consider the economic trends and the commercial insurance requirements of the Peace Garden State.

Understanding the economic trends of state is crucial for business owners because this information indicates whether or not the climate is favorable for success.

Being aware of the commercial insurance policies that the state mandates is also important so that you know what types of coverage you need to invest in order to properly protect your venture and ensure you are complaint with the law.

Below, we offer an overview of these two critical factors for related to the state of North Dakota.

Economic Trends For Business Owners In North Dakota

Unemployment rate is a strong indicator of a state's economy. The lower the rate, the more people are employed, and that information is directly related to the success businesses are experiencing in the state.

In December of 2019, the Bureau of Labor Statistics reported that the unemployment rate in the Peace Garden State was 2.4%, which was 1.1% below the national average of 3.5%. This statistic indicates that North Dakota offers a favorable economy for prospective business owners who are thinking about establishing operations in the state.

Additionally, the state is tax-friendly, offers a healthy quality of life, and has a healthy startup environment, making it an ideal location for entrepreneurs.

As in most states, the areas where entrepreneurs can expect to see the most success in the North Dakota are urban locations and the suburbs that surround them. These areas offer access to more regional markets, provide larger markets, and offers a more diverse (both in numbers and qualifications) workforce.

As such, the best locations to start a business in ND include:

Bismarck
Dickinson
Fargo
Grand Forks
Mandan
Minot
West Fargo
Williston

Organizations in numerous sectors can expect to see success in this state, as there are several industries that are thriving in North Dakota. The top industries include:

Agricultur
Construction
Education
Energy
Healthcare
Hospitality and tourism
Manufacturing
Mining
Retail and wholesale distribution
Transportation
Utilities

Commercial Insurance Requirements In North Dakota

The North Dakota Insurance Department regulates insurance in ND. North Dakota mandates very few forms of insurance coverage by law. They enforce worker's compensation.

North Dakota requires you to have worker's compensation insurance if you hire even one employee on a regular basis. This includes part-time employees, family members, minors, and immigrant employees. It is not required for independent contractors or domestic employees, though you should check to make sure any contractors you have are true contractors, and not employees.

North Dakota also requires all business-owned vehicles to be covered by commercial auto insurance. Other types of business insurance that business owners should carry depend on the specific industry.

Request a free North Dakota General Liability Insurance quote in Ashley, Beach, Belcourt, Belfield, Beulah, Bismarck, Bottineau, Bowman, Burlington, Cando, Cannon Ball, Carrington, Casselton, Cavalier, Center, Cooperstown, Crosby, Devils Lake, Dickinson, Drayton, Dunseith, East Dunseith, Elgin, Ellendale, Enderlin, Fargo, Forman, Fort Totten, Four Bears Village, Garrison, Glen Ullin and Wilton, Grafton, Grand Forks, Green Acres, Gwinner, Hankinson, Harvey, Harwood, Hatton and Underwood, Hazen, Hebron, Hettinger, Hillsboro, Horace, Jamestown, Kenmare, Killdeer, Kindred, LaMoure, Lakota, Langdon, Larimore, Lidgerwood, Lincoln, Linton, Lisbon, Mandan, Mandaree, Mapleton, Mayville, Milnor, Minot, Minot AFB, Minto, Mohall, Mott, Napoleon, New England, New Rockford, New Salem, New Town, Northwood, Oakes, Park River, Parshall, Pembina and Edgeley, Portland, Ray, Reile's Acres, Richardton, Rolette, Rolla, Rugby, Shell Valley, Stanley, Steele, Surrey, Thompson, Tioga, Towner, Turtle Lake, Valley City, Velva, Wahpeton, Walhalla, Washburn, Watford City, West Fargo, Williston, Wishek and all other cities near me in ND - The Peace Garden State.

Also find North Dakota insurance agents & brokers and learn about North Dakota small business insurance requirements for general liability, business property, commercial auto & workers compensation including ND business insurance costs. Call us (701) 540-5400.

North Dakota General Liability Insurance