Business Insurance in New Jersey
Coverage for New Jersey businesses of every size and kind, from an independent brokerage. We compare options across our carrier markets and explain the choices in plain language.
What New Jersey law requires
- Workers' compensation for every employer. New Jersey requires every employer to carry workers' compensation or be approved to self-insure. There's no minimum headcount or payroll. Corporations must cover paid officers. LLC members, partners and sole proprietors aren't required to cover themselves but can choose to.
- Serious penalties for going without. Failing to insure is a disorderly persons offense, and a crime if willful. Civil penalties can run up to $5,000 for each 10-day period, and liability can reach owners and officers personally.
- Higher auto minimums from 2026. Standard auto policies issued or renewed on or after January 1, 2026 need at least $35,000 per person and $70,000 per accident for bodily injury, $25,000 for property damage and $15,000 of PIP, with matching uninsured and underinsured motorist limits.
Coverage New Jersey businesses review most
- General liability. Covers claims that your business caused injury to someone or damage to their property.
- Business owner's policy. Property and liability in one package, a common fit for small and mid-size businesses.
- Property & equipment. Your building, equipment and inventory.
- Commercial auto. Vehicles used for work. Dealers, repair shops and truckers usually need garage or trucking forms instead.
- Workers' compensation. Required for every New Jersey employer, with no minimum headcount.
- Professional liability. Claims tied to advice, services or mistakes in your professional work.
- Cyber liability. Data breaches, ransomware and the costs that follow.
- Umbrella & excess. Extra limits above your liability, auto and employer's liability policies.
Hard to place?
Been declined or non-renewed? We work with specialty and surplus lines markets for risks the standard market passes on. For workers' compensation, the New Jersey Compensation Rating and Inspection Bureau helps employers who have trouble finding coverage.
City guides
Common questions
Does every New Jersey employer need workers' comp?
Yes. There's no minimum headcount or payroll. Corporations must cover paid officers, while LLC members, partners and sole proprietors can choose whether to cover themselves.
What happens if a New Jersey business doesn't carry workers' comp?
It can face criminal charges and civil penalties of up to $5,000 per 10-day period, and owners and officers can be personally liable.
What auto liability does New Jersey require in 2026?
Standard policies issued or renewed on or after January 1, 2026 need at least $35,000 per person, $70,000 per accident and $25,000 property damage, plus $15,000 of PIP.
Where can I turn if no one will write my workers' comp?
Specialty markets write many risks, and the New Jersey Compensation Rating and Inspection Bureau helps employers find coverage.
Do you only work with certain industries?
No. We place coverage for businesses of every kind, from new startups to established operations.
General information only, not legal advice. Coverage depends on the policy's terms, conditions and underwriting. State requirements checked October 15, 2026 from: New Jersey Department of Labor, Employer's Guide to Workers' Compensation (WC-373); New Jersey Department of Banking and Insurance, Bulletin 25-06.