Co-Working Spaces Insurance
Coverage recommendations, carrier options, and cost estimates for co-working spaces businesses — what you need, what it costs, and how to get covered.
Recommended Coverages
GL
essentialThird-party bodily injury, property damage, personal and advertising injury arising from business operations. For Co-Working Spaces businesses, key exposures include property damage from members. Common claims include member slip-and-fall. Agent note: GL must cover both members and their visitors in common areas
$1M per occurrence / $2M aggregate
$400 - $3,000/year for small businesses; $3,000 - $15,000+ for contractors and higher-risk classes
Commercial Property
essentialPhysical damage to buildings, business personal property, equipment, inventory, and tenant improvements from covered perils (fire, wind, theft, vandalism). For Co-Working Spaces businesses, key exposures include property damage from members. Common claims include property damage by member.
Based on replacement cost of building and contents. Business income limits typically 12 months of projected revenue.
$750 - $5,000/year for small businesses; varies widely based on property values, construction type, and location
Cyber Liability
recommendedData breach notification costs, forensic investigation, credit monitoring, regulatory defense and fines, business interruption from cyber events, ransomware payments, and third-party claims from data exposure. Common claims include data breach via shared network. Agent note: Cyber liability is critical — shared networks create breach exposure for all tenants
$1M per claim / $1M aggregate for small businesses; $5M-$10M+ for larger organizations
$750 - $3,000/year for small businesses; $5,000 - $25,000+ for businesses handling significant PII or PHI
Workers Comp
recommendedMedical expenses, lost wages, rehabilitation costs, and death benefits for employees injured on the job.
Statutory limits per state law; Employers Liability typically $500K/$500K/$500K
Based on payroll × class code rate × experience mod. Ranges from $0.50 to $30+ per $100 of payroll depending on classification
EPLI
situationalClaims by employees alleging wrongful termination, discrimination, sexual harassment, retaliation, failure to promote, and other employment-related violations.
$500K - $2M per claim / aggregate
$800 - $3,000/year for small businesses (under 25 employees); $3,000 - $15,000+ for larger employers
Prefer to Skip the Line? Call Now
Save time & effort — get connected with a specialist
Free, quick, and convenient.
Tivly is a business insurance marketplace that will match you with a provider in minutes.
By clicking continue, you'll be directed to a third-party site. The information you provide is subject to Tivly.com's terms and conditions and privacy policy.
Risk Profile
Physical
Liability
Professional
Property
Top Risks
- Multi-tenant liability complexity
- Shared network security
- Property damage from members
- Slip-and-fall in common areas
- Lease liability
Carriers That Write Co-Working Spaces
One of the largest small commercial writers in the U.S. with broad class appetite. Competitive BOP pricing and a streamlined agent portal with fast online quoting.
Known for competitive commercial auto rates and fast online quoting. Strong appetite for businesses with vehicle fleets and a growing BOP book.
Berkshire Hathaway-backed (AM Best A++) with competitive pricing for standard small business classes. Fully online quoting and binding process.
Specialist in professional liability and cyber coverage with deep expertise in service-based businesses. Online quote-to-bind is among the fastest for professional classes.
Cost Estimate
$1,500 - $8,000 for businesses with $200K - $3M revenue
Key Pricing Factors
- Annual revenue ($200K - $3M is typical for this class)
- Employee count (3-15 is typical)
- Square footage
- Number of member companies
- Amenities offered
- Lease terms