Click to Call Client Portal GloveBox
Great Lakes State Agency

4800 S Cedar St
Lansing, MI 48910

Get Directions

Insurance Blog

What commercial insurance is required in Michigan

Commercial insurance can mean the difference between a business that survives and one that is forced to close. Many businesses don’t make it. The average is 50% surviving five years. That makes doing everything you can to protect your business important. Most commercial insurance is voluntary but the state does require some types. At  Great Lakes State Agency in Lansing, MI as independent insurance agents, we can provide some of the finest carriers in the business to make protecting your business and being in compliance easier. 

What commercial insurance is required in Michigan

In the state of Michigan, there is only one requirement for commercial insurance, workers compensation. All employers who have one employee who works 35 hours or more a week or three or more employees who work at one time, no matter how many hours they work, must have coverage. Workers compensation protects businesses as well as employees from injuries that may be incurred during the performance of their duties.

Even though other commercial insurance isn’t mandated, it is really important for the financial health of your business. 

Property insurance can make the difference between surviving a covered hazard and not making it. You can’t survive if you can’t replace all the things you need to do business. If you have a store, you need inventory, display racks, cash registers, and more. If you are a plumber, you need tools and your materials. Every business has different needs but the basics are the same, you need what makes your business able to operate. It can also fix the building your business is located in if you happen to own it. 

Liability coverage addresses another big risk that businesses face. Suing a business is all too common and, unless you have a pile of cash lying around, it could be devastating to your ability to operate. 

Contact Great Lakes State Agency in Lansing, MI for your commercial insurance needs and with all your insurance questions and requirements.

Servicing States

  • Michigan


Partner Carriers

  • AAA
  • Accident Fund
  • American Strategic
  • Auto Owners
  • Bristol West
  • Chubb
  • Citizens Insurance
  • Foremost
  • Hagerty
  • Hanover
  • Hartford
  • Hastings Mutual
  • Liberty Mutual
  • Markel
  • Merchants
  • Nationwide Insurance
  • Progressive
  • Safeco
  • Secura
  • State Auto
  • Travelers
  • Wolverine Mutual