Insure Connecticut's Ultimate Guide to Secure Your Future: Expert Insurance Tips and Tricks

Here's what's actually changing, what Connecticut law requires, and how to make sure your business isn't carrying risk it doesn't know about.

A General Liability (GL) policy covers third-party injury and property damage claims. A Business Owner's Policy (BOP) bundles GL with commercial property and business interruption coverage into one package. For most Connecticut small businesses with a physical location, a BOP offers broader protection at a better value. Sole proprietors and home-based operators may only need a GL policy.

If you've opened your insurance renewal notice in 2026 and experienced sticker shock, you're not alone. Connecticut residents are seeing particularly steep insurance cost increases, with homeowner's insurance rates climbing 8-18% and auto insurance jumping 10-15% across the state. But here's the good news: you're not powerless in this situation.

Running a business comes with its fair share of risks. Accidents, property damage, or lawsuits can occur even when you take every precaution.

Two common types of insurance—Builders Risk Insurance and General Liability Insurance—are often confused, but each serves a very different purpose.