{"id":10589,"date":"2025-06-23T20:18:13","date_gmt":"2025-06-23T20:18:13","guid":{"rendered":"https:\/\/veloxinsurance.com\/blog\/?p=10589"},"modified":"2025-06-20T20:18:32","modified_gmt":"2025-06-20T20:18:32","slug":"georgia-legal-business-insurance-requirements","status":"publish","type":"post","link":"https:\/\/veloxinsurance.com\/blog\/georgia-legal-business-insurance-requirements\/","title":{"rendered":"What Are the Legal Insurance Requirements for Businesses in Georgia?\u00a0"},"content":{"rendered":"\n

Starting a business in Georgia is exciting, but there are also some legal boxes to check before you get too far. One of the most important is insurance. Some types of coverage are required by state law, and others, while not mandatory, can protect you from major financial setbacks.  <\/p>\n\n\n\n

If you’re wondering, “does my business need insurance in Georgia?”, the short answer is yes. Below, you’ll get a breakdown of legal business insurance requirements in GA, what’s recommended, and what to know before buying business insurance in Georgia<\/a>. <\/p>\n\n\n\n

Understanding Georgia’s Mandatory Business Insurance Requirements<\/strong> <\/h2>\n\n\n\n

Let’s start with the basics. What insurance is required for businesses in Georgia? The long and the short of it is that you need workers’ comp and commercial auto if you have three or more company vehicles. Ideally, you should consider some type of liability product to protect yourself and your business from lawsuits. <\/p>\n\n\n\n

Workers’ Compensation Insurance: Who Needs It and Why<\/strong> <\/h3>\n\n\n\n

Any company with three or more employees must carry workers’ compensation insurance in Georgia. This includes full-time, part-time, and even temporary workers. According to the Georgia State Board of Workers’ Compensation, this requirement exists to make sure workers are protected if they get hurt on the job. The policy helps cover medical treatment, lost wages, and other costs, so you’re not stuck paying everything out of pocket. <\/p>\n\n\n\n

If you’re caught without it, the state can fine you up to $10,000 per violation and even shut down your company. Even if you only have a couple of employees now, it’s smart to get workers’ comp coverage in place early \u2014 especially if you’re planning to hire soon. <\/p>\n\n\n\n

Commercial Auto Insurance: Coverage for Business Vehicles<\/strong> <\/h3>\n\n\n\n

If your company owns or uses vehicles for work \u2014 like making deliveries, hauling tools, or visiting client sites \u2014 you’ll need a commercial auto policy<\/a>. The State of Georgia requires businesses with three or more vehicles to carry minimum liability coverage of: <\/p>\n\n\n\n