Pie Insurance Business Insurance Review

Service and Features

Pie Insurance offers small businesses workers’ comp insurance policies at a lower cost than much of the competition. This insurance protects employers in case of the illness, injury, disability, or death of a covered employee due to a work-related incident. The company also offers an employer’s liability policy, which covers incidents beyond those covered by workers’ comp. Among the industries serviced by Pie Insurance are construction, restaurants, manufacturing, retail, offices, and healthcare.

The company says most small businesses are “overcharged and underserved” by their insurance companies, an issue it is committed to changing by using pricing algorithms to determine what each business should pay for workers’ comp insurance. The company uses a Cost Calculator to determine this price range. They also display a risk score according to the type of business the applicant described in the short questionnaire, as well as employee injury statistics for the nation and an average cost for the business’s state of operation.

Small business owners interested in taking out a policy with Pie Insurance can request a quote by answering the questions for the Cost Calculator and scheduling a call with an agent. Applicants may add a deductible to the policy to lower the cost of insurance, as well as customize coverage limits. Several payment plans are available to suit each business's individual needs: annual, bi-annual, quarterly, or monthly. The website also provides resources, such as ways to prepare for a workers' comp audit by the insurance company, as well as extensive FAQs.

Pie Insurance's workers' comp insurance policies are backed by Sirius Group, which holds an A rating with A.M. Best.

As of November 2017, Pie Insurance conducts business in Illinois and is currently waiting on approval to operate in 7 other states. The company hopes to expand beyond workers’ comp insurance in the future.

Business Insurance at Pie Insurance

Small business owners will appreciate Pie Insurance's commitment to providing affordable workers' comp insurance and transparency in insurance pricing—as well as their witty pie puns.