Small Business Insurance
Protect your Central Wisconsin business with comprehensive coverage tailored to your industry. From general liability to workers' compensation, we help local businesses manage risk and focus on growth.
Insurance for Central Wisconsin Businesses
Central Wisconsin's economy thrives on small businesses—from manufacturing and construction to retail shops, professional services, and healthcare providers. At Schofield Insurance, Scott and Davis Hackbarth understand the unique challenges facing local business owners. We provide personalized insurance solutions that protect your livelihood without breaking your budget.
As an independent agency, we're not limited to a single insurance company's offerings. We work with carriers like Acuity, Cincinnati Insurance, West Bend, Travelers, and others who specialize in commercial insurance. This means we can match your business with carriers that understand your industry and offer competitive rates.
Business Insurance Coverage Options
General Liability
Protects against third-party claims of bodily injury, property damage, and advertising injury. Essential coverage for any business that interacts with customers, clients, or the public.
Property Insurance
Covers your building, equipment, inventory, and business personal property against fire, theft, vandalism, and other covered perils. Business income coverage protects revenue during closures.
Workers' Compensation
Required for most Wisconsin employers. Covers medical expenses and lost wages for employees injured on the job. Also protects employers from employee lawsuits related to workplace injuries.
Professional Liability (E&O)
Protects professionals against claims of negligence, errors, or failure to perform. Essential for consultants, accountants, architects, and service-based businesses.
Industries We Serve in Central Wisconsin
Contractors & Construction
General contractors, subcontractors, electricians, plumbers, HVAC technicians, and specialty trades. We understand the specific coverage needs including tools and equipment, contractor liability, and project-specific requirements. Many Wausau-area contractors trust us for their insurance needs.
Retail & Restaurants: From downtown Wausau shops to restaurants along Grand Avenue, we protect businesses that serve the public. Coverage includes general liability, property, product liability, and liquor liability for establishments that serve alcohol.
Professional Services: Accountants, consultants, real estate agents, and other professionals in Marathon County rely on us for professional liability coverage that protects against claims of negligence or inadequate work.
Manufacturing: Central Wisconsin has a strong manufacturing base. We work with manufacturers on property coverage for specialized equipment, product liability, and workers' compensation for industrial environments.
Why Local Businesses Choose Schofield Insurance
Running a business in Schofield, Wausau, Rothschild, or Weston means you understand the value of working with local partners who share your commitment to the community. When you call our office, you'll speak directly with Scott or Davis—not an automated system or out-of-state call center.
We take time to understand your business operations, identify potential risks, and recommend coverage that makes sense. We're not trying to oversell unnecessary coverage or leave gaps that could hurt you later. Our goal is a long-term relationship where we help your business manage risk as it grows and evolves.
When claims happen—and in business, they eventually do—we're your advocate. We help document losses, communicate with insurance companies, and ensure fair resolution. That hands-on support is the difference between working with a local independent agent versus buying direct from a large carrier.
Protect Your Business Today
Get a free business insurance review and quote. We'll identify coverage gaps and find competitive rates.
Small Business Insurance FAQs
What types of small business insurance do I need?
Most small businesses need general liability, property insurance, and workers' compensation (if you have employees). Depending on your business type, you may also need professional liability, commercial auto, or cyber liability coverage. We'll analyze your specific risks and recommend appropriate coverage.
What is a Business Owner's Policy (BOP)?
A BOP bundles general liability and property insurance into one convenient policy, often at a lower cost than buying them separately. It's designed for small to medium businesses and can be customized with additional coverages. Many of our Central Wisconsin business clients find BOPs offer excellent value.
Do I need workers' compensation insurance in Wisconsin?
Wisconsin law requires workers' compensation insurance for most employers with three or more employees (including part-time). Some industries require it with even one employee. Penalties for non-compliance are severe. We can help you understand your obligations and find competitive rates.
What is general liability insurance?
General liability protects your business against claims of bodily injury, property damage, and advertising injury caused by your operations. If a customer slips in your store or you accidentally damage a client's property, general liability coverage pays for legal defense and settlements.
How much does small business insurance cost?
Costs vary widely based on your industry, revenue, number of employees, and coverage needs. A small consulting business might pay $500-$1,500/year for basic coverage, while a contractor could pay $3,000-$10,000 or more. We compare multiple carriers to find competitive rates for your situation.
What is professional liability (E&O) insurance?
Professional liability, also called Errors & Omissions (E&O), protects against claims of negligence, mistakes, or failure to deliver promised services. It's essential for consultants, accountants, real estate agents, and other professionals whose advice clients rely upon.
Do I need commercial auto insurance?
If vehicles are used for business purposes—deliveries, client visits, hauling equipment—you likely need commercial auto coverage. Personal auto policies often exclude business use. We'll determine whether you need full commercial coverage or can add a business use endorsement to personal policies.
What about cyber liability insurance?
If your business handles customer data, accepts credit cards, or relies on computer systems, cyber liability insurance is increasingly important. It covers data breach response costs, notification expenses, cyber extortion, and liability from stolen information. Even small businesses are targets.
Ready to Protect Your Business?
Get a comprehensive business insurance review from Scott and Davis. We'll help you understand your risks and find the right coverage at competitive rates.