Urbandale, Iowa – September 20, 2026 -- Small businesses in the Des Moines metro should secure general liability insurance first, followed by property coverage and workers' compensation, according to insights from Ben Buenzow, an insurance expert at Buenzow Insurance Group, featured in a HelloNation article.
General liability insurance forms the first line of financial defense for small operators
The coverage protects companies against claims of bodily injury or property damage stemming from business operations, addressing risks from customers, vendors, or visitors. Legal costs and settlements tied to such claims can be significant enough to threaten a small firm's cash flow without this protection in place.
Property coverage becomes the next priority as regional storm exposure grows
Once liability protection is established, property coverage safeguards buildings, equipment, and inventory against fire, theft, vandalism, or severe weather. The article notes that seasonal storms and wind damage in the Des Moines metro make this coverage particularly relevant for businesses operating storefronts, offices, or warehouses.
Accurate documentation and valuation of assets directly affect claims outcomes. Buenzow is cited as noting that updated records of inventory, equipment, and building improvements reduce complications when filing a claim.
Workers' compensation costs shift based on payroll levels and claims history
For companies with employees, workers' compensation provides medical care and wage replacement for job-related injuries or illness while shielding employers from related lawsuits. Premiums are tied to industry classification, payroll size, and prior claims, meaning stronger workplace safety practices and employee training can directly lower insurance costs over time.
Service-based firms face added exposure requiring professional liability coverage
Businesses offering services or professional advice may need errors and omissions insurance to cover claims of mistakes, negligence, or failed service delivery. Employment practices liability insurance is also flagged as relevant for firms with staff, covering claims tied to hiring practices, discrimination, or harassment.
Industry-specific exposures further shape coverage needs, with restaurants, contractors, and retailers each facing distinct risk profiles requiring tailored policies, per the article.
Optional policies address income loss and cyber exposure gaps
Business interruption insurance can replace lost income when operations halt due to a covered event, while cyber liability coverage offers financial protection for firms storing customer data or relying on digital systems against breaches and cyber incidents.
The article recommends annual policy reviews, noting that growth, new hires, equipment purchases, or relocation can shift a company's risk profile and require adjustments to coverage limits and deductibles.