Richmond Small Business Insurance

From the boutiques in Carytown to coffee shops in The Fan and startups in Scott’s Addition, Richmond’s small businesses are what make the city thrive. At Pelican Shield Insurance Group, we help business owners across the Richmond region find insurance options that reflect their industry, goals, and local risks.

Coverage That Works for RVA’s Local Businesses

Running a business in Richmond means navigating changing seasons, historic buildings, and a vibrant mix of neighborhoods. Whether you’re leasing space near VCU or operating out of your home in Church Hill, having the right coverage helps protect what you’ve built.

We work with small businesses across a wide range of industries—from salons and service-based businesses to e-commerce sellers and independent professionals. Our job is to help you understand what coverage is needed to stay protected, stay compliant, and keep growing in Richmond and the surrounding areas.

Insurance Options Built for Richmond Business Owners

Your coverage needs may vary depending on your neighborhood, lease requirements, and customer exposure. We help Richmond business owners understand what policies apply.

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General Liability Insurance

Protects your business if someone is injured on your premises or you’re held liable for property damage—especially important for walk-in retail and service businesses near Broad Street or Midlothian.

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Commercial Property Insurance

Covers damage to your storefront, office, or business contents caused by fire, storms, or vandalism. Useful for business owners leasing space in older buildings around the Fan or Shockoe Bottom.

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Business Owner’s Policy (BOP)

Combines liability and property insurance into one affordable package—ideal for independent retailers, salons, and consultants across the Richmond metro area.

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Cyber Liability Insurance

With more small businesses managing customer data and online payments, this policy helps protect against data breaches, fraud, and digital threats.

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Business Interruption Insurance

Replaces lost income if a covered event—like a fire or storm—temporarily shuts your doors. Important for businesses in high-traffic zones or event-driven areas like downtown Richmond.

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Workers’ Compensation Insurance

Required for Virginia businesses with two or more employees. Helps pay medical costs and lost wages if an employee is injured at work.

Why Richmond Business Owners Choose Pelican Shield Insurance Group

Familiar With Local Requirements

Whether you’re opening a storefront in Short Pump or renewing a lease in Manchester, we help review insurance terms in contracts and leases to keep you compliant.

Responsive and Local-Minded Service

Need a COI for a market, pop-up, or vendor event at Main Street Station or Hardywood Park? We aim for quick turnaround so you’re never stuck waiting.

Policies That Grow With You

We help Richmond business owners scale coverage as your team, revenue, or physical footprint grows—without overpaying for unnecessary add-ons.

Richmond Small Business Insurance FAQs

  • What kind of insurance does my Richmond business need?

    At minimum, most businesses need general liability insurance, and if you have two or more employees in Virginia, workers’ compensation is required. Your lease, landlord, or vendors may require additional policies.

  • Do I need property insurance if I lease space in Richmond?

    Yes. Even if you don’t own the building, you’re responsible for your equipment, inventory, and interior improvements. Many landlords also require tenant liability coverage.

  • What if I run a home-based business in Richmond?

    Home insurance typically doesn’t cover business-related claims. If you’re shipping products or meeting clients from your home in Bellevue or Forest Hill, you may need separate business coverage.

  • How much does small business insurance cost in Richmond?

    Premiums vary based on your business type, location, and size. For example, a storefront in Shockoe Slip may have different coverage needs and costs than a service business working remotely in Chesterfield.

  • Can I get coverage for seasonal or part-time operations?

    Yes! If you run a seasonal retail shop or participate in Richmond-area events or festivals, we can help explore flexible policies designed to match your business model.