Independent Insurance Intelligence

Stop guessing about business insurance.

Most small business owners overpay, under-insure, or both — because the process is designed to confuse you. LumenaIQ gives you clear, data-driven explanations so you can make informed coverage decisions without the sales pressure.

The numbers don't lie.

The insurance industry profits from your confusion. Here's what the data says.

69%

of small business owners don't fully understand their coverage

Source: The Hartford, 2025

$160K

average EPLI claim cost, yet only 3% of businesses under 50 employees carry it

Source: EEOC / Hiscox

1 in 3

small businesses face a liability claim within 10 years

Source: U.S. Small Business Administration

47%

of cyber attacks target businesses with fewer than 1,000 employees

Source: Verizon DBIR, 2025

How LumenaIQ Works

How LumenaIQ helps. Zero sales pressure.

Coverage Navigator

Answer four questions about your business, get a coverage map showing the categories you commonly need with citations to state statute or industry norm. No email required, no sales follow-up.

Start the Navigator

Step 1 of 4

What best describes your business?

Technology / SaaS
Professional Services
Retail / Storefront
Construction / Trades

Jargon Decoder

Hover any insurance term in our articles for a plain-English definition. Or browse the full glossary.

Browse the glossary

Quote Prep Checklist

Everything you need before requesting a quote, covering everything carriers ask before you start the quote process. Walk in prepared, not pressured.

Get your checklist

Latest from the Intelligence Brief

Why trust an insurance site?

Feature LumenaIQ Carrier Sites Broker Comparison Sites
Editorial independence
Cited primary sources Partial Partial
Profile-specific coverage map
No sales pressure
Free to use
Plain English Varies Partial

LumenaIQ earns referral fees when you request a quote through our links — that's how we keep this site free. Our recommendations are based on independent research, not who pays us most. We include non-affiliate carriers when they're genuinely the best option.

Ready to understand your coverage?

Coverage Navigator maps the coverage categories your business commonly needs to specific state statute, NAIC guidance, and contract patterns. Takes about three minutes. No account, no contact information required.

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