At a minimum, most Missouri businesses need General Liability Insurance, which covers property damage or injury you might cause to others during business operations. If you own or lease a physical space, Commercial Property Insurance is critical to protect buildings, signage, inventory, and equipment from damage due to fire, theft, or weather. Many small businesses benefit from a Business Owners Policy (BOP), which combines general liability and property coverage in a more affordable, bundled package. Service-based businesses should also consider Professional Liability (E&O) to protect against claims of negligence or errors. If you have employees, Workers’ Compensation is legally required in Missouri with just 5 employees or more—or even 1 in the construction trades. Each business is different, so we help you build a policy that reflects your structure, your risks, and your goals.

Missouri business insurance rates are fairly moderate compared to the national average, but local factors like your location (urban vs. rural), building age, industry, and claims history can significantly affect premiums. For example, businesses in St. Louis may see higher property premiums due to storm activity and older infrastructure. Industries with higher liability exposure—like restaurants, contractors, or childcare—also carry higher rates because of the potential for legal claims. The good news? As an independent agency, Faubel Insurance compares policies across multiple carriers to find the best pricing and protection. We’ll also help you understand where you're paying for necessary protection versus where you can trim the fat.

Yes, if you have commercial property coverage, most standard policies include protection against common weather risks in Missouri—like hail, windstorms, and fire. However, flood damage is typically excluded, which is important to know if your business is located near a river or in a low-lying area. We’ll help you evaluate your building’s flood zone risk and explore supplemental flood insurance if needed. It’s also smart to review your policy limits and deductibles annually, especially if you’ve added equipment or expanded your space. Our local expertise helps ensure you’re not left uncovered when the next Midwest storm rolls in.

Replacement cost coverage pays to repair or rebuild your property with new materials at today’s prices—without deducting for depreciation. Actual cash value, on the other hand, takes age and wear into account, which usually means a smaller payout. For businesses with expensive equipment or inventory that loses value quickly, this difference can be huge. Missouri business owners often choose replacement cost to avoid surprises during a claim. At Faubel Insurance, we walk you through which valuation method is best for your needs, so you can plan accordingly and avoid underinsurance gaps.

Yes—commercial auto insurance is required if you use any vehicle for business purposes, even if it's personally owned. This includes deliveries, client meetings, or transporting tools. If your business uses trailers, expensive tools, or mobile setups, we’ll recommend adding inland marine coverage, which protects items while in transit or stored off-site. Standard property policies often don’t cover equipment once it leaves your business location. We’ll also help you understand the liability implications of using personal vehicles for work and what protections you may need to add.

Absolutely. Many Missouri businesses save money by bundling their general liability, property, and business income coverage into a Business Owners Policy (BOP). You may also qualify for additional discounts when bundling commercial auto or cyber insurance. Beyond cost savings, bundling simplifies management—fewer renewal dates, fewer policies to track, and easier claims coordination. We work closely with multiple carriers who offer bundled discounts for small to mid-size businesses. When you work with Faubel Insurance, we look at your full picture—not just what saves money short-term, but what keeps your business resilient long-term.

Your deductible is the amount you agree to pay out-of-pocket before your insurance kicks in. Higher deductibles often lower your premium but can create a financial pinch during a claim. Missouri businesses commonly choose deductibles between $500 and $2,500, depending on the type of coverage and cash reserves. Some policies, like commercial auto, may have different deductible rules than property or liability. We help you choose deductible levels that make sense for your risk tolerance and budget—balancing affordability with real-world readiness.

Yes. If you have employees, Workers’ Compensation insurance is legally required in Missouri once you hit 5 or more workers—or just 1 if you’re in the construction industry. Certain professions (like real estate, legal, or medical services) may require professional liability coverage based on state licensing regulations. Many landlords require proof of general liability and commercial property insurance before leasing commercial space. And if you’re operating vehicles for business use, commercial auto coverage is a must. At Faubel, we’ll help you understand not just what’s smart—but what’s required to stay compliant and protected.

Missouri doesn’t offer state-run insurance discounts, but there are plenty of carrier-level savings you may qualify for. Common discounts include bundling, safe driving records for commercial auto, industry-specific risk control programs, and even participation in loss prevention or cybersecurity training. Certain small businesses—especially those without past claims—can qualify for preferred pricing tiers. We’ll also explore associations or local chambers you’re a member of, which can sometimes provide access to group-rated plans. At Faubel, our job is to uncover every discount that fits your business profile.

The clearest signs are outdated coverage limits, missing coverage types (like cyber or equipment breakdown), or policies you haven’t reviewed in more than a year. If your business has grown—more customers, new hires, additional locations or inventory—your risk profile has changed. A policy that worked two years ago may not fully protect you today. Missouri’s changing legal and weather landscape also means new exposures (like flood or liability claims) are becoming more common. At Faubel Insurance, we offer free policy reviews to identify gaps and ensure your coverage evolves with your business. It’s one of the easiest ways to gain peace of mind—without paying more than you need to.