Simply Business Insurance Review

Simply Business Insurance Ratings at a Glance

Are you a business owner who is looking to insure your business against claims that could put your business at risk? Business insurance policies are a great way to protect your business and give you peace of mind when it comes to day-to-day operations. But knowing which business insurance company to use can be difficult. Benzinga helps clear up some of the confusion by offering this Simply Business Insurance review.

Simply Business works closely with you to ensure you get the coverage you need. Each insurance provider has its own prices and policies. Simply Business provides insurance options from:

• American Builders Insurance Company
• Acadia Insurance
• AXIS Insurance Company
• Clear Blue Insurance
• CNA Insurance
• Frank Winston Crum Insurance
• Harborway Insurance
• Hiscox Insurance 
• Market Insurance
• Travelers Insurance

The exact insurance that you need depends on several factors, including:

• The size of your business
• The number of employees
• Where your business is located
• Your industry
• Your business revenue

Here are some of the policy options offered by Simply Business:

General Liability

Also known as commercial general liability insurance, this coverage helps protect you and your business in several situations, including:

• Bodily injury: If someone slips and falls on your property, you could be sued for medical costs, lost wages and more. This policy helps to cover their medical bills and your legal costs, including court fees, settlements and awards, up to your policy limits. 
• Property damage: If you or an employee damages someone else’s property, it can be expensive to repair. This coverage helps with the legal defense costs associated with property damage. 
• Personal and advertising injury: This helps with your defense costs if you’re sued for libel, slander, copyright infringement, false advertising and other similar issues. While this might sound unlikely, something as simple as an employee disparaging a competitor to a potential client could lead to a lawsuit. 

General liability insurance doesn’t cover damage to your property, employee injuries on the job, lawsuits related to your professional expertise or business vehicles. 

Professional Liability

Professional liability insurance helps cover you if a client claims you were negligent in the professional services you offered, for example, if you’re a financial advisor and the client experiences a financial loss due to your advice. This policy helps cover damages and legal costs. 

Many business owners and self-employed individuals should consider professional liability insurance, including:

• Accountants
• Bookkeepers
• Project managers
• Graphic designers
• Real estate agents
• Hairstylists

Errors and Omissions Insurance

Errors and omissions (E&O) insurance is a form of professional liability insurance. Professional liability insurance typically covers a wider range of needs. E&O insurance is more narrowly focused, covering mistakes or alleged mistakes, omissions or alleged omissions and related legal defense costs. E&O insurance, like professional liability insurance, doesn’t cover intentional omissions or errors. 

You can reach Simply Business from 8 a.m. to 8 p.m. EST Monday through Friday at 855-869-5183. It doesn’t offer live chat and there’s no weekend availability. 

You’ll be working with Simply Business while you’re shopping for a policy. Once you purchase a policy, you’ll primarily contact the insurance provider if you need assistance, but Simply Business is always there for you as well. You can request a Certificate of Insurance (COI) online, and Simply Business will send it out within 24 hours (not including weekends). You can also follow Simply Business on Twitter or Facebook. 

Simply Business doesn’t directly handle claims. It’s an insurance agency, which means it helps business owners find the best insurance coverage from a range of providers. It’s not an insurance provider. 

That doesn’t mean you’re alone when you need to file a claim, though. If you’re unable to find your policy documents or the right point of contact with an insurance provider, Simply Business can help you connect. It has a handy list of all the insurance providers it works with on its website. You can find the phone number, hours of operation and other information on the list so you can file a claim quickly. If you have any issues, you can contact Simply Business at 855-769-6958 or by email at service@simplybusiness.com. 

Simply Business allows you to get quotes from multiple insurance providers, and you can choose from a range of prices and coverage options. This helps you get the most for your money and ensures you have the coverage you need. Comparing quotes can be a challenge, so being able to call a licensed agent that understands the policies is also helpful. They can walk you through the fine print so you’re less likely to encounter surprises down the road. 

We did not find a mobile app for Simply Business. Its website is optimized for mobile, though, so it’s easy to get a quote from your phone. Or you can call and have an agent walk you through the process. 

Simply Business focuses on making insurance clear, simple and affordable for business owners. It’s easy to get quotes and coverage so you don’t need to spend hours on the phone talking to different agents. You just enter some basic information about your business to get started or call to talk to a licensed agent. 

In business since 2005, Simply Business is well established and it offers policies from some of the biggest names in commercial insurance. It specializes in working with small businesses, so even if you’re a sole proprietor or you just have a few employees, Simply Business is happy to provide you with personalized advice. 

Its policy offerings are relatively limited, but they should meet the needs of most small business owners. Simply Business also offers an extensive blog with educational resources. It covers topics like getting a business license, tax deadlines, estimating projects and more. 

While it doesn’t offer a mobile app, it’s easy to get in touch by phone if you need assistance. If you need to file a claim, Simply Business can get you a copy of your policy documents and connect you with the right department with your insurance provider. 

While insurance can often feel complicated, it doesn’t have to be. Simply Business offers streamlined business insurance shopping for small businesses so you can save time and money and focus on what really matters — your business.