Protect What You’re Building
You Got Funded. Now Protect the Business You’re Growing.
Every piece of equipment you finance, every employee you hire, every contract you sign — they all need coverage. Our partner Direct Insurance Services provides commercial insurance across 29 states so you’re protected from day one.
Get a Commercial Insurance Quote →Free quotes · No obligation · 29 states · All industries
Why This Matters
Funding Without Insurance Is a Liability
Equipment You Finance Needs Coverage
You just financed $120K in equipment. If it's damaged, stolen, or causes injury - and you're uninsured - you're still making payments on equipment you can't use. Equipment financing lenders often require proof of insurance before funding.
Contracts Require Proof of Insurance
General contractors won't sub you without a COI. Hospitals won't credential you. Property managers won't sign your lease. Commercial insurance isn't optional - it's the cost of doing business.
Your Employees Are Your Biggest Asset
Workers compensation isn't just required in most states - it protects your business from lawsuits that could bankrupt you overnight. One jobsite injury without coverage can cost more than your entire annual revenue.
Coverage Types
What Funded Businesses Need to Know About Commercial Insurance
General Liability (GL)
Covers third-party bodily injury, property damage, and personal injury claims. Required by most commercial leases, contracts, and client agreements. Typical cost: $500-$3,000/year for small businesses.
Workers Compensation
Required in most states for businesses with employees. Covers medical expenses, lost wages, and rehabilitation for work-related injuries. Rates vary by industry - construction and trucking pay more than office-based businesses.
Business Owner's Policy (BOP)
Bundles general liability with commercial property insurance at a discount. Ideal for businesses with a physical location - offices, shops, restaurants, clinics. Often 15-20% cheaper than buying policies separately.
Commercial Auto
Covers vehicles used for business purposes - delivery trucks, service vans, fleet vehicles. Personal auto policies don't cover commercial use. Required for trucking, construction, and any business with a vehicle fleet.
Professional Liability (E&O)
Protects against claims of negligence, errors, or failure to deliver services. Critical for attorneys, healthcare providers, consultants, and any service-based business.
Equipment / Inland Marine
Covers tools, equipment, and materials in transit or at job sites. Standard property insurance often doesn't cover equipment outside your premises. Essential for construction, trucking, and field service businesses.
Contractor COI Packages
Many contractors need certificates of insurance (COIs) for every job. Direct Insurance Services specializes in fast COI issuance - often same day - so you never lose a job over paperwork.
By Industry
Insurance for the Industries We Fund
Construction
General liability, workers comp, commercial auto, inland marine, builder's risk. GCs require COIs from every sub. See Construction Funding →
Trucking
Commercial auto, cargo, general liability, workers comp, physical damage. DOT compliance requires proof of coverage. See Trucking Funding →
Healthcare
Professional liability (malpractice), general liability, workers comp, cyber liability. Credentialing requires active coverage. See Healthcare Funding →
Restaurants
General liability, workers comp, liquor liability, commercial property, equipment breakdown. Landlords and health departments require proof. See Restaurants Funding →
Manufacturing
General liability, product liability, workers comp, equipment breakdown, commercial property. Product liability is critical if you sell to distributors or retailers. See Manufacturing Funding →
Attorneys
Professional liability (legal malpractice), general liability, cyber liability. Bar associations and clients increasingly require proof of coverage. See Attorneys Funding →
Auto Repair
Garage liability, garagekeepers legal liability, workers comp, commercial property. Protects against claims from customer vehicles in your care. See Auto Repair Funding →
Wholesale & Distribution
General liability, product liability, commercial auto, cargo, warehouse coverage. Retailers and manufacturers require proof of insurance from distributors. See Wholesale & Distribution Funding →
Med Spa
Professional liability, general liability, product liability (for injectables and devices), workers comp. Medical directors and device manufacturers require coverage. See Med Spa Funding →
Our Partner
Direct Insurance Services — Commercial Insurance Across 29 States
Direct Insurance Services is a commercial insurance broker licensed in 29 states. They specialize in the same industries Basecamp Funding serves — construction contractors, trucking companies, healthcare practices, restaurants, manufacturers, attorneys, auto repair shops, wholesale distributors, and med spas.
Whether you need a quick COI for a new contract, workers comp for a growing team, or a full commercial insurance package for a business you just funded — Direct Insurance Services handles it.
Free quotes · No obligation · Fast COI issuance · 29 states
The Full Picture
Fund It. Insure It. Grow It.
Get Funded Through Basecamp
Apply in 60 seconds. See your options from 70+ lending partners. Get funded as fast as same day.
Protect It Through Direct Insurance Services
Get commercial insurance quotes for the equipment, employees, and operations you're funding. Same industries, same speed.
Grow With Confidence
Funded and insured means you can take on bigger contracts, hire more people, and scale without the risk of one incident setting you back.
FAQ
Frequently Asked Questions
Do I need insurance if I'm getting equipment financing?
Most equipment financing lenders require proof of insurance before funding. Even if not required, protecting a $50K-$500K asset with equipment coverage is essential. A claim without coverage means you're still making payments on equipment you can't use.
What insurance do contractors need for a COI?
Most general contractors require subcontractors to carry general liability ($1M/$2M), workers compensation, and commercial auto at minimum. Some require umbrella/excess liability and inland marine. Direct Insurance Services specializes in fast COI issuance - often same day.
How much does commercial insurance cost for a small business?
Costs vary significantly by industry, coverage type, and risk profile. General liability for a low-risk business might be $500-$1,500/year. Construction and trucking pay more due to higher risk. Get a free quote from Direct Insurance Services for an accurate estimate.
Is Direct Insurance Services affiliated with Basecamp Funding?
Direct Insurance Services and Basecamp Funding are partner companies that serve the same industries. Basecamp Funding handles business lending (connecting you with 70+ lending partners) while Direct Insurance Services handles commercial insurance across 29 states.
Can I get insurance if my business is less than 2 years old?
Yes. Direct Insurance Services works with new businesses. Some coverage types like general liability and workers comp are available from day one. Rates may be higher initially and adjust as you build operating history.
What states does Direct Insurance Services cover?
Direct Insurance Services provides commercial insurance across 29 states. Contact them directly for specific state availability and coverage options.
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Basecamp Funding: business loans from 70+ lenders · Direct Insurance Services: commercial insurance in 29 states
Commercial Insurance for Small Business — Protect What You Finance
Basecamp Funding partners with Direct Insurance Services to help funded businesses protect their equipment, employees, and operations with commercial insurance. Coverage options include general liability, workers compensation, business owner’s policies, commercial auto, professional liability, equipment and inland marine, and contractor COI packages across 29 states.
Business owners in construction, trucking, healthcare, restaurants, manufacturing, law firms, auto repair, wholesale distribution, and med spas use Direct Insurance Services for fast, affordable commercial insurance. Whether you need a COI for a new contract, workers comp for a growing team, or a full insurance package for a recently funded business — get a free quote with no obligation.