Does Your Business Require Special Business Insurance Coverage in Maryland?
- October 2, 2025
- Business Law
Navigating insurance requirements as a Maryland business owner can be a headache. Unfortunately, failing to adequately consider what type of special business insurance coverage you need brings results that range from costly to devastating. For example, if your business serves alcohol, liquor liability insurance is something you can’t afford to overlook.
Most Maryland business owners are busy running their businesses. They rarely have time to become insurance experts, and insurance agents often fail to help business owners fully understand the legal implications of lacking certain types of coverage. As a result, knowing your business is protected usually requires consulting an experienced Maryland business attorney.
What Is Special Business Insurance Coverage?
When you own a Maryland business, you need insurance. Most businesses carry a general liability policy that protects the company from lawsuits in the event of a third-party injury or property damage. As any business owner knows, it’s usually necessary to carry several other types of coverage as well.
Workers’ comp and auto insurance are required by law in Maryland. Most other types of business insurance aren’t legal requirements, but carrying them is a matter of common sense. If you own your business property, you probably don’t need to be told that it’s smart to have commercial property insurance in case of theft, vandalism, or natural disasters.
Some of the most common forms of insurance coverage recommended for any type of Maryland business owner include:
- Workers’ compensation
- Business vehicle auto insurance
- Business interruption coverage
- Professional liability insurance
- Commercial property insurance.
However, there are even more options available when it comes to special business insurance. For example, Maryland construction contracting insurance can protect you from a lawsuit if a contract worker is injured and you don’t have a workers’ comp policy in place that covers contract workers. Knowing that your business is adequately protected means understanding the liabilities that accompany a particular industry.
Are you a Maryland business owner concerned about whether you have the business insurance you need? Call (443) 535-9715 to schedule a consultation with a Maryland business attorney at Lusk Law, LLC.
Common Types of Special Business Insurance in Maryland
The most common types of special business insurance are relevant to a wide variety of businesses. For example, it doesn’t matter whether you own a flower shop or a plumbing company — if your business has a vehicle, you need some form of auto insurance on it.
Things grow more complicated when it comes to details specific to your industry, location, and business structure. Suppose that a Maryland business owner owns a house-painting company. A painting company must dispose of paint according to hazardous waste regulations. The owner might not realize that failing to adhere to these regulations can open the door to all sorts of legal issues, so they don’t have Maryland environmental liability insurance in place when they need it.
A few of the most common industry- or location-specific types of special business insurance that a Maryland business owner might want to consider include:
- Environmental liability insurance
- Cybersecurity insurance for IT contractors
- Data breach insurance
- Professional liability insurance for consultants
- Construction contracting insurance
- Inland marine insurance
- Home-based business insurance.
It’s nearly impossible for a Maryland business owner to consider every potential liability that faces their company. As a result, business owners are often left unprotected when unanticipated events impact their business. Your business is only as well-protected as its insurance coverage. Unfortunately, it can be very difficult to know where you’re missing the coverage you need.
Identifying Which Insurance Coverage Your Maryland Business Needs
Is Your Business Fully Covered?
There’s only one way to know you have adequate special business insurance coverage in place, and that’s by consulting a legal professional with experience in Maryland business law.
Insurance agents can be little more than salesmen. They may sound helpful on the phone, but they don’t possess the legal experience necessary to identify and protect against the many liabilities that face your company.
It takes a skilled business lawyer with experience representing Maryland business owners to identify your unique insurance needs. When you consult an attorney, they’ll typically conduct a comprehensive risk assessment, allowing them to identify areas in which your business is under-covered or uncovered. Your lawyer works to understand your needs and goals. They make recommendations about the best types of insurance for your business and help you understand the implications of not having certain types of coverage in place.
Whether you own a bar and you’re curious about Maryland liquor liability insurance or you run an accounting firm and you’d like to know more about professional liability insurance for consultants in Maryland, every type of business owner can benefit from a one-on-one consultation with a skilled business attorney.
Get Help From a Maryland Business Attorney
Advocates For Life’s Obstacles and Opportunities
Lusk Law, LLC is a business law firm located in Frederick, Maryland. Our skilled business lawyers work one-on-one with Maryland business owners. We help you identify liabilities, explore insurance options, and advise you on the best way to ensure your business is protected from whatever the future may bring.
Call Lusk Law, LLC today at (443) 535-9715 to schedule a consultation with an experienced Maryland business lawyer.