---
title: "Business Insurance in Minnesota"
description: "37 state-specific insurance coverage guides, plus Minnesota Department of Commerce contact and license lookup resources for Minnesota."
canonical: "https://spot.insure/coverage/states/minnesota"
page-type: "coverage-state-hub"
updated-at: "2026-09-28"
---

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# Business Insurance in Minnesota

## Insurance Regulator

**Minnesota Department of Commerce.** The Minnesota Department of Commerce regulates insurance companies and producers, reviews rates and forms, and investigates complaints. You can use its state lookup or complaint service to check a license or raise an insurance issue.[^1][^2][^3]

- [Regulator website](https://mn.gov/commerce/insurance/)
- [License lookup](https://www.commerce.mn.gov/commerce/licensing/license-lookup/)
- [File a complaint](https://mn.gov/commerce/consumer/file-a-complaint/)
- Phone: 651-539-1600

## Surplus-Lines Tax and Stamping Office

**Reported tax rate:** 3% of taxable gross premiums less return premiums, plus a 0.04% stamping fee on taxable premium when Minnesota is the insured's home state When Minnesota is the insured's home state, 3% tax applies to taxable gross premiums less return premiums; the separate 0.04% stamping fee on taxable premium is paid by you to the broker. Minnesota requires a policy warning that insolvency loss payment by a nonadmitted insurer is not guaranteed. A diligent search generally applies unless a Minnesota-licensed producer unaffiliated with the surplus-lines broker refers the risk, which the statute deems unavailable from a licensed insurer; an exempt commercial purchaser also has a separate written-request route after the required admitted-market disclosure.[^4][^7][^5][^6][^8]
[Minnesota Surplus Lines Association](https://www.mnsla.com/)

## Coverage Guides

- [General Liability Insurance in Minnesota](/coverage/general-liability/minnesota): Minnesota still allows recovery at equal fault, makes a defendant over 50 percent jointly liable for the whole award, and voids construction clauses that insure another party’s own negligence.
- [Directors and Officers (D&O) Insurance in Minnesota](/coverage/directors-officers/minnesota): Check Minnesota’s director-conduct standard and mandatory indemnity, including reporting after derivative proceedings.
- [Technology E&O Insurance in Minnesota](/coverage/technology-errors-omissions/minnesota): Between merchants, Minnesota bars tort recovery for many economic losses from a sale of goods, while fraud claims stay open.
- [Cyber Liability Insurance in Minnesota](/coverage/cyber/minnesota): Minnesota requires nationwide credit-agency notice within 48 hours when more than 500 people need notice.
- [Media Liability in Minnesota](/coverage/media/minnesota): Minnesota’s two-year libel and slander period sits alongside newspaper-specific retraction rules and a separate radio and television defense.
- [Employment Practices Liability in Minnesota](/coverage/employment-practices/minnesota): Minnesota combines broad human-rights coverage with a one-year filing period that can pause during documented dispute resolution.
- [Fiduciary Liability Insurance in Minnesota](/coverage/fiduciary/minnesota): Review Minnesota retirement-program and payroll duties alongside the employer’s plan-sponsor responsibilities.
- [Minnesota’s rental-car rules may already reach a personal policy](/coverage/hired-non-owned-auto/minnesota): Minnesota requires specified personal-auto coverages for short-term rentals and makes an employer plan primary when it also covers the employee renting for work.
- [Professional Liability (E&O) Insurance in Minnesota](/coverage/professional-errors-omissions/minnesota): Understand Minnesota's E&O source-choice protection for insurance agents, its captive-agent exception, and what insurers may still require.
- [Workers’ Compensation Insurance in Minnesota](/coverage/workers-compensation/minnesota): Minnesota's household-worker exclusion tests $1,000 in cash over three months and looks back to earnings from the same employer during the previous year.
- [Minnesota Business Owner’s Policy Guide](/coverage/business-owners-policy/minnesota): Check whether your operation fits a BOP and compare property valuation, tenant improvements and income-protection terms.
- [Minnesota Umbrella and Excess Liability Guide](/coverage/umbrella-excess/minnesota): Minnesota residual auto liability is $30,000/$60,000/$10,000, and a defendant whose fault is greater than 50 percent can be jointly liable for the whole award.
- [Minnesota medical malpractice insurance: qualify for the residual market](/coverage/medical-malpractice/minnesota): Check Minnesota’s revenue and private-market tests before treating the JUA as a backstop.
- [Representations and Warranties Insurance in Minnesota](/coverage/representations-warranties/minnesota): Check Minnesota contract claim deadlines against negotiated representation survival, policy notice dates, and any home-state surplus-lines tax.
- [Kidnap and Ransom Insurance in Minnesota](/coverage/kidnap-ransom/minnesota): See how Minnesota's surplus-lines tax and insurer insolvency rules can affect a K&R quote.
- [Crime insurance in Minnesota: check bank authentication and preserve transfer evidence](/coverage/crime/minnesota): Compare employee-dishonesty, check, and electronic-transfer protection in Minnesota, where the current funds-transfer statute describes what counts as an agreed bank security procedure.
- [Commercial Auto Insurance in Minnesota](/coverage/commercial-auto/minnesota): Minnesota requires vehicle owners to carry no-fault PIP, liability, UM, and UIM coverage. PIP is $40,000 per injured person, split $20,000 medical and $20,
- [Cargo Insurance in Minnesota](/coverage/cargo-transit/minnesota): Minnesota household-goods movers file cargo insurance or a bond, while your shipment’s released value is set separately.
- [Minnesota liquor liability: dram-shop claims and retail-license financial responsibility](/coverage/liquor-liability/minnesota): Minnesota allows claims for illegal alcohol sales and requires most retail licensees to prove financial responsibility, with narrow exemptions.
- [Key Person Insurance in Minnesota](/coverage/key-person/minnesota): Learn how Minnesota insurable-interest rules, employee consent, and life guaranty limits affect a business-owned key person policy.
- [Minnesota product liability insurance guide](/coverage/product-liability/minnesota): How Minnesota product strict-liability timing and buyer-versus-seller economic-loss rules shape product risk and insurance questions.
- [Commercial Property Insurance in Minnesota](/coverage/commercial-property/minnesota): Minnesota Commerce says NFIP business policies separate building and contents coverage, limit each category to $500,000, and do not cover business-interruption losses.
- [Minnesota garage liability for motor vehicle dealers](/coverage/garage-liability/minnesota): Review Minnesota’s no-fault, uninsured-motorist, and liability coverage on all vehicles held for sale or resale.
- [Minnesota inland marine insurance for business equipment and financed property](/coverage/inland-marine/minnesota): Minnesota's filing statutes make personal-use collateral different from business equipment; use the distinction to prepare a precise quote.
- [Minnesota Public Construction Bonds](/coverage/surety-bonds/minnesota): Check Minnesota public-work bond triggers, required amounts, acceptable security, and claim protections before you bid.
- [Builders risk in Minnesota](/coverage/builders-risk/minnesota): Minnesota floodway, flood-fringe, and elevation rules can affect where a project can be built and what remains exposed during construction.
- [Equipment Breakdown Insurance in Minnesota](/coverage/equipment-breakdown/minnesota): Minnesota boiler inspection rules depend on equipment type and whether an insurer inspects and reports the covered unit.
- [Minnesota Management Liability Insurance](/coverage/management-liability/minnesota): Compare Minnesota employment-law exposure and company indemnification duties with D&O and EPL policy terms.
- [Product Recall Insurance in Minnesota](/coverage/product-recall/minnesota): See how Minnesota’s food recall alerts and embargo powers affect distribution records, stored inventory, and response-cost questions.
- [Minnesota Fidelity Bonds for Credit Unions](/coverage/fidelity-bonds/minnesota): Learn which Minnesota businesses must maintain fidelity bonds, how much coverage applies, and which employees or losses the bond must include.
- [Intellectual Property Insurance in Minnesota](/coverage/intellectual-property/minnesota): Learn how Minnesota law treats trade secrets and related intellectual-property claims, and what to ask before choosing coverage.
- [Minnesota contract-frustration coverage guide](/coverage/contract-frustration/minnesota): Minnesota’s 2024 Supreme Court decision separates temporary frustration from permanent discharge; a short government closure may delay an obligation without erasing it.
- [Venture Capital Asset Protection Insurance in Minnesota](/coverage/venture-capital-asset-protection/minnesota): Check how Minnesota adviser rules and fund entity structure affect a venture capital manager’s insurance review.
- [Digital asset business insurance in Minnesota](/coverage/digital-assets/minnesota): Review Minnesota's digital-asset licensing and custody rules before comparing cover for exchanges, custodians, wallets, or kiosks.
- [Telehealth Insurance in Minnesota](/coverage/virtual-care-telehealth/minnesota): Minnesota lets out-of-state physicians register for interstate telehealth and requires telehealth reimbursement parity for covered services.
- [Employee Health Benefits in Minnesota](/coverage/employee-health-benefits/minnesota): Minnesota continuation can preserve insured group coverage for up to 18 months after termination or a qualifying reduction in hours, with premiums capped at 102% and a 60-day election window.
- [Trucking Insurance in Minnesota](/coverage/trucking/minnesota): Learn which Minnesota property carriers file liability proof before operating and when household movers need separate cargo proof.

State information is based on the cited sources. Confirm current requirements with the regulator and discuss your circumstances with a licensed insurance professional.

## Sources

[^1]: [Insurance](https://mn.gov/commerce/insurance/) — Insurance; Insurance regulator and consumer resources. Accessed 2026-09-28.
[^2]: [Insurance License Lookup](https://www.commerce.mn.gov/commerce/licensing/license-lookup/) — Insurance; State-designated producer/company search. Accessed 2026-09-28.
[^3]: [File an Insurance Complaint](https://mn.gov/commerce/consumer/file-a-complaint/) — Insurance; Insurance complaint topic; filing portal, complaints line, email contact. Accessed 2026-09-28.
[^4]: [Minn. Stat. §297I.05](https://www.revisor.mn.gov/statutes/2025/cite/297I.05) — Minnesota Revisor of Statutes; 3% on gross premiums less return premiums when Minnesota is insured's home state; 100% taxable in Minnesota. Accessed 2026-09-28.
[^5]: [Instructions for 2026 Semiannual Stamping Fee Report](https://www.mnsla.com/news/MN%20Stamping%20Fee%20Report%202026.pdf) — Minnesota Surplus Lines Association; 2026 report p.1, lines 82–94: stamping fee rate .0004 (0.04%) of policy premium for transactions effective on or after October 1, 2016; current report linked from the association's 2026 site.. Accessed 2026-09-28.
[^6]: [Minn. Stat. §60A.207](https://www.revisor.mn.gov/statutes/2025/cite/60A.207) — Minnesota Revisor of Statutes; 2025 text, lines 250–255: policy notice states insurer is not otherwise licensed in Minnesota and insolvency loss payment is not guaranteed.. Accessed 2026-09-28.
[^7]: [Minn. Stat. §297I.01](https://www.revisor.mn.gov/statutes/2025/cite/297I.01) — Minnesota Revisor of Statutes; Definition of gross premiums for nonadmitted insurance includes fees, assessments and other consideration, with stamping fee and operating assessment exclusions. Accessed 2026-09-28.
[^8]: [Minnesota Statutes 2025, §60A.201](https://www.revisor.mn.gov/statutes/2025/cite/60A.201) — Minnesota Revisor of Statutes; 2025 Minn. Stat. §60A.201 subd.1 (admitted-market restriction); subd.5 (ECP disclosure and subsequent written request); subd.6 (risk referred by unaffiliated Minnesota-licensed producer deemed unavailable). Amendments listed through 2025.. Accessed 2026-09-28.
[^9]: [Licenses](https://www.at-bay.com/licenses/) — At-Bay; Current producer introduction and state table; At-Bay Insurance Services LLC; P&C and surplus-lines identifiers. Accessed 2026-09-21.
[^10]: [Licenses and Carriers](https://www.coalitioninc.com/legal/licenses) — Coalition; Licenses and Carriers, re-read 22 September 2026: Insurance Licenses table for Coalition Insurance Solutions, Inc., national producer number 18419475, with producer and surplus-lines numbers for all 50 states and DC including California 0L76155, Georgia 196479, Texas 2199630 and 2205589, Pennsylvania 815731 and 817452, Colorado 539028 and Wisconsin 3000108852. Insurance Carriers table naming, with NAIC numbers, Allianz Underwriters Insurance Company 36420, Arch Specialty Insurance Company 21199, Ascot Specialty Insurance Company 45055, Ascot Insurance Company 23752, Aspen Specialty Insurance Company 10717, Chaucer Insurance Company DAC, Coalition Insurance Company 29530, Fireman's Fund Indemnity Corporation 11380, Fortegra Specialty Insurance Company 16823, Lloyd's of London, MSIG Specialty Insurance USA Inc. 34886, MS Transverse Specialty Insurance Company 41807, Steadfast Insurance Company 26387, Vantage Risk Specialty Insurance Company 16275 and Zurich American Insurance Company 16535.. Accessed 2026-09-22.
[^11]: [Insurance Producer Licenses](https://www.corgi.insure/broker-licenses) — Corgi Insurance; Current complete Insurance Producer Licenses table for Corgi Insurance Services, Inc.; 50 rows covering 49 states and DC (DC 3003091619); no New Mexico row; no NPN or as-of date shown.. Accessed 2026-09-28.
[^12]: [About Hiscox US Insurance](https://www.hiscox.com/about-hiscox-insurance) — Hiscox; Hiscox Insurance Company Inc. NAIC 10200 as Chicago, IL domiciled insurer admitted or licensed in all 50 states and D.C.; Hiscox Inc. as general agent and Lloyd’s coverholder for Syndicates 33 and 3624; surplus-lines placements through licensed surplus-lines brokers; A.M. Best rating statement. Accessed 2026-09-16.
[^13]: [Licenses](https://www.nextinsurance.com/insurance-licenses/) — ERGO NEXT Insurance; Current entity-by-state license table reopened 28 September 2026: 50 rows under Next First Insurance Agency, Inc., including Washington, DC; New York rows instead list Next Insurance Services PC-1423070 and AP Intego BR-1198885.. Accessed 2026-09-28.
[^14]: [Insurance Licenses by State](https://www.techinsurance.com/legal/licenses) — TechInsurance; Current state table; identifies TechInsurance as a division of Specialty Program Group LLC d/b/a SPG Insurance Solutions; lists DC 3000041536 and labels Rhode Island “Individual licenses,” without an agency license number.. Accessed 2026-09-28.
[^15]: [Licenses](https://www.vouch.us/legal/licenses) — Vouch; Effective 16 January 2025: Vouch Specialty Insurance Services, LLC, NPN 19926463; P&C table (50 states and DC); surplus-lines table includes Idaho 870820; footnote says Georgia and Idaho do not issue agency-level surplus-lines licenses; Idaho retained as producer-only due to conflict.. Accessed 2026-09-15.

Updated 2026-09-28.

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