On average, general liability insurance for small businesses costs about $805 annually, or $67 per month. However, individual costs can vary widely based on specific factors.
The cost of general liability insurance is influenced by several factors, including your business's risk exposure, location, years in operation, type of business, and coverage limits.
Different industries face varying levels of risk, which impacts insurance costs. For instance, restaurants typically pay more ($2,408 annually) compared to photographers ($437 annually).
A clean claims history can help lower your insurance premiums, as it reflects a lower risk profile and better safety practices.
Costs vary with policy limits and deductibles. Higher coverage means higher premiums, so choose limits that fit your needs and budget.
Ensure your business is protected. Get a customized general liability insurance quote today and find the coverage that suits your specific needs and budget.