{"id":5153,"date":"2018-08-01T14:11:10","date_gmt":"2018-08-01T20:11:10","guid":{"rendered":"https:\/\/www.noyeshallallen.com\/blog\/?p=5153"},"modified":"2019-03-19T09:40:08","modified_gmt":"2019-03-19T15:40:08","slug":"maine-business-insurance-how-much-does-it-cost","status":"publish","type":"post","link":"https:\/\/www.noyeshallallen.com\/blog\/maine-business-insurance-how-much-does-it-cost\/","title":{"rendered":"Maine Business Insurance &#8211; How Much Does it Cost?"},"content":{"rendered":"<p>If you\u2019re starting or running a business in Maine, your budget includes insurance. How much fire, auto or liability insurance do you need, and what will it cost? The answer varies, depending on what your business does. Restaurants pay more for fire insurance because of open flames and heat. Web designers pay more for professional insurance due to copyright infringement hazards. Breweries and other manufacturers spend more for product liability insurance. Contractors and food trucks pay more for auto insurance because they have a lot of equipment on the road.<\/p>\n<p>Your business location affects your insurance costs, too. Business insurance in Portland or Southern Maine may cost more due to more congested roads, exposure to out-of-state travel and more a more litigious environment. But, business fire insurance may cost less in Portland, South Portland, Scarborough or nearby southern Maine towns due to strong fire protection.<\/p>\n<h2><strong>Average Costs for Small Business Insurance in Portland Maine<\/strong><\/h2>\n<p>The business clients of Noyes Hall &amp; Allen Insurance, an independent agency in South Portland Maine, pay an average of:<\/p>\n<ul>\n<li><strong>$3600<\/strong> for all their commercial vehicles<\/li>\n<li><strong>$4500<\/strong> for workers compensation<\/li>\n<li><strong>$1400<\/strong> for business property insurance<\/li>\n<li><strong>$2600<\/strong> for business liability insurance<\/li>\n<li><strong>$2750<\/strong> for professional liability (Errors &amp; Omissions) insurance<\/li>\n<\/ul>\n<p>Those figures include all business clients, large and small. Some clients only need business liability coverage; others need all the insurances.<\/p>\n<p><a href=\"https:\/\/www.noyeshallallen.com\/blog\/wp-content\/uploads\/2018\/08\/large-and-small-business.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-5158\" src=\"https:\/\/www.noyeshallallen.com\/blog\/wp-content\/uploads\/2018\/08\/large-and-small-business.png\" alt=\"\" width=\"600\" height=\"400\" srcset=\"https:\/\/www.noyeshallallen.com\/blog\/wp-content\/uploads\/2018\/08\/large-and-small-business.png 600w, https:\/\/www.noyeshallallen.com\/blog\/wp-content\/uploads\/2018\/08\/large-and-small-business-300x200.png 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<h2><strong>What Would It Cost to Insure Your Maine Business or Idea?<\/strong><\/h2>\n<p>If you own a business or a startup business in Maine, we can help you find out. We offer a choice of Maine\u2019s preferred business insurance companies, so we can survey the market. We\u2019re independent and committed to you.\u00a0\u00a0<a href=\"https:\/\/www.noyeshallallen.com\/contact-us.html\" target=\"_blank\" rel=\"noopener noreferrer\">Call a Noyes Hall &amp; Allen Insurance agent<\/a> in South Portland Maine, or click &#8220;get a quote&#8221; above.\u00a0In the end, you\u2019ll know how much to budget for insurance, and what kind of business insurance you need.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you\u2019re starting or running a business in Maine, your budget includes insurance. How much fire, auto or liability insurance do you need, and what will it cost? The answer varies, depending on what your business does. Restaurants pay more for fire insurance because of open flames and heat. Web designers pay more for professional [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21,22,11,37,47],"tags":[85,32,64,6,65,46],"class_list":["post-5153","post","type-post","status-publish","format-standard","hentry","category-business-insurance","category-business-liability-insurance","category-business-property-insurance-business-insurance","category-commercial-vehicle-insurance-business-insurance","category-workers-compensation-insurance","tag-business-insurance","tag-doing-business-in-maine","tag-insurance-agent","tag-liability","tag-portland-maine-insurance-agent","tag-workers-comp"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/posts\/5153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/comments?post=5153"}],"version-history":[{"count":7,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/posts\/5153\/revisions"}],"predecessor-version":[{"id":5437,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/posts\/5153\/revisions\/5437"}],"wp:attachment":[{"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/media?parent=5153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/categories?post=5153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/tags?post=5153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}