business insurance

Every business owner knows that the unexpected is going to happen. You must be prepared for anything that comes your way so that you experience as little interruption and loss as possible. Business insurance can help protect you, but what business insurance law exists in Kansas? You may be wondering what requirements you have. You also want to know what you should have to protect yourself, even if the law does not necessarily require it.

At the Saxton Law Firm, our business insurance attorneys handle business insurance issues for companies throughout Kansas. We help you comply with applicable legal requirements and protect your company from unscrupulous insurance claim denials. Our team is here for whatever you need.

Does Kansas Require Business Insurance?

Kansas law does not require much when it comes to business insurance, with a few exceptions. Some of the most common types of business insurance most companies choose to purchase are not legally required, such as:

  • Business income insurance
  • Commercial property insurance
  • General liability insurance

The law does not require these types of coverage, even though they are highly advisable. There are a few areas, however, where insurance is required.

Workers’ Compensation Coverage for Kansas Businesses

Kansas law does require most businesses to carry workers’ compensation coverage. This insurance coverage protects business employees if they are hurt in a work-related accident. It provides a no-fault system to compensate employees for injuries, disabilities, and related economic damages that stem from their workplace accident.

Most Kansas businesses are required to carry workers’ compensation insurance. However, a few exceptions do apply:

  • Employers engaged in specific types of agricultural work
  • Employers that have a gross payroll of $20,000 or less each year
  • Realtors that are also independent contractors
  • Sole proprietorships or partners
  • Firefighters working for relief associations with applicable waivers

Professional Liability Insurance Coverage in Kansas

Another area where business insurance may be required is within certain professions. Companies that offer professional services may be required to carry liability coverage under state law or through their professional obligations. 

This often applies to lawyers, accountants, and other professional services companies. It can protect against claims for:

  • Misrepresentation
  • Inaccurate advice
  • Negligent actions
  • Slander and libel
  • Failure to properly perform professional services

Whether your business offerings include professional services subject to these requirements is not always clear. An experienced business insurance attorney can advise you on the coverage you need under Kansas law.

Insurance Disputes and Kansas Law

Whether you carry legally required insurance such as those listed above, or the optional coverages that protect you, disputes still arise. Insurance companies may attempt to deny your legitimate claim in an effort to protect their own profit margins. These actions are all too common, but Kansas law and a knowledgeable attorney are ready to protect you.

You can argue with your insurance company, even changing their decision in many cases. There are several ways you can fight back against claim denials or wrongful actions under Kansas law:

  • Negotiate with your insurance company to resolve the problem
  • File a claim denial appeal with the help of your attorney
  • Initiate civil litigation in Kansas courts to enforce your legal rights
  • File an insurance complaint with the Missouri Department of Insurance

These and several other steps may help you win the compensation to which you are entitled, despite the insurance company’s actions.

READ MORE: Can You Argue With Your Insurance Company?

While Kansas law does not require most types of business insurance, it can be an invaluable part of protecting your company. Our business insurance litigators help advise you on how best to protect your company and enforce your legal rights when necessary.

Contact Saxton Law Firm for a FREE case review!