Answer Financial Expands its Small Business Insurance Coverages to Now Include Cyber Liability

New Policies Tailored to Meet Unique Needs of Various Small Business Owners

VALLEY VILLAGE, Calif., August 17, 2024 – Answer Financial®, a leader in personal lines insurance, today announced a substantial expansion of its small business insurance offerings. This strategic move builds upon Answer’s 2019 entry into the small business market, providing clients with an expanded range of protection options for their commercial ventures.

Initially offering Business Owners Policy (BOP), General Liability, and Workers Compensation, Answer has now added an array of new policy types to its small business insurance portfolio. The expanded offerings include:

• Cyber Liability
• Errors & Omissions (E&O)
• Flood
• Inland Marine
• Package
• Umbrella
• Property
• Bonds
• Farm & Ranch

“Since entering the small business insurance market in 2019, we’ve been laser-focused on meeting the evolving needs of our commercial clients,” said Bill Borst, President of Answer Financial. “This significant expansion of our coverage options demonstrates our commitment to providing comprehensive protection for small businesses across diverse industries. We’re particularly excited about the addition of Cyber Liability insurance, which solves many critical problems in today’s digital-first business landscape.”

The expanded coverage options position Answer to serve a much broader range of small businesses, offering custom solutions to protect against a variety of modern risks. Experienced licensed agents are ready to guide clients through the selection process, ensuring they receive the most appropriate and effective coverage for their specific business needs.

As small businesses continue to drive innovation and growth in the United States economy, Answer aims to support their sustainability through its ever-growing commercial insurance products. Customers can now rely on Answer’s expertise to understand their coverage needs across an even wider spectrum of business insurance types, helping them protect what matters most, their livelihood.

About Answer Financial®

Answer Financial is one of the original insurtech companies, established in 1997 and focused on delivering auto insurance, home insurance, and related products through strategic partnerships on behalf of more than 40 insurance providers. As part of the Allstate family of companies, Answer Financial serves as a gateway connecting insurers with their target customers through its advanced insurance comparison platform and licensed agents. Answer’s innovative technology helps customers find the right coverage for their unique needs, whether they’re seeking auto, home, or small business insurance. To learn more about Answer Financial’s insurance platform, visit www.AnswerFinancial.com

To learn more about Answer Financial or to explore partnership opportunities, visit https://b2b.answerfinancial.com

New Policies Tailored to Meet Unique Needs of Various Small Business Owners