Commercial general liability insurance or simply general liability insurance shields businesses and professionals from the costs of third-party personal injury or property damage claims. The price of general liability insurance varies. And so, it’s important to get an idea about how much you’ll pay when planning to get insured.
This guide will be a comprehensive review of the estimated insurance cost of general liability policy in different businesses, professions, states, and limits. Furthermore, you’ll also know the companies offering the cheapest and most comprehensive general liability insurance.
Also read: $1 Million Dollar Liability Insurance Cost & Quotes From $11
Also read: How Much is Workers Comp Insurance? Cost & Quotes From $11
General liability insurance is also called liability insurance or commercial liability insurance. This is an acceptable use of such terms. However, understand that liability and commercial liability insurance can also pertain to professional liability insurance, employer’s liability insurance, and other “liability' policies.
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Different businesses and professions purchase general liability insurance coverage. As a result, the insurance policy rates aren’t uniform. In other words, the general liability rates are unique to each business or profession purchasing the coverage.
One way to know about the average general liability insurance cost is to look at the annual and monthly insurance premiums of businesses and professions. Let’s take a look at the general liability insurance cost for furniture stores, liquor stores, law enforcers, accountants, and more.
The general liability insurance cost for computer repair shops is $33 a month or $396 a year for a $1 million basic coverage. If optional policies are added, then computer repair shops will pay $45 a month or $540 a year for their general liability insurance policy.
As for technicians, their general liability insurance coverage cost $25 a month or $300 a year for a $1 million amount payable.
So what does general liability cover for computer repair shops and technicians ? The policy provides money if:
Defective computers or inadequate repair job caused injuries or property damage to third parties
A third party accuses the computer shop or computer technician of false advertising, libel, or slander
An accident happened in the premises of the computer shop and third parties got injured or had their property damaged
Flight school general liability insurance for business cost $208 a month or $2,496 a year for a $1 million coverage.
Software development business general liability insurance cost is $43.16 a month or $518 a year for a $1 million coverage. > Software development agency general liability insurance cover the following:
Costs of copyright infringement lawsuits
Costs of false advertising lawsuits
Costs of personal injury and property damage claims
Amusement arcade general liability insurance for small business cost $46 a month or $550 a year for a $1 million coverage.
Through general liability insurance, amusement arcades can shoulder the cost of:
Food poisoning claims third parties filed because the amusement arcade sold or allegedly sold spoiled food.
Injuries and property damage to third parties caused by a fire breakout in the premises of the amusement arcade
False advertising and copyright infringement lawsuits
Water park general liability insurance for business cost is $44 a month or $528 a year for a $1 million coverage amount.
Waterpark general liability insurance small business coverage shoulders the cost of the following:
Injuries to third parties when the water park sells spoiled food or fails to follow proper food preparation resulting in food contamination
Injuries or property damage to third parties as caused by poorly maintained premises
False advertising
Copyright infringement
Amusement park general liability business insurance cost $128 a month or $1,536 a year for a $1 million coverage.
The average cost for general liability insurance on theme parks is $115 a month or $1,380 a year. At this price, the policyholder can claim $1 million.
The general liability insurance cost for playgrounds is $88 a month or $1,036 a year for a $1 million coverage.
How about indoor playgrounds? Indoor playground comprehensive general liability insurance cost is cheaper. On average, policyholders pay $58 a month or $696 a year for a $1 million coverage.
If an accident happens and third parties file a claim to playgrounds , general liability business insurance can help pay for defense costs plus compensation for injuries such as lacerations,abrasions, fractures, sprain, concussions, and more.
The general liability insurance rate of an event venue business is $250 a month or $3,000 a year for a $1 million coverage.
Antique shop general liability insurance price is $38 a month or $456 a year for a $1 million coverage.
General liability insurance business protection for antique shops covers claims from third parties as a result of:
Slipping or tripping, which then results in bruises, contusions, or lacerations
Mishandling hazardous objects and experiencing an illness later on
Getting hit or struck by a heavy antique display such as a cabinet, a jacket stand, or an upright mirror, which was placed improperly
The customer injures himself or herself while trying to figure out how a queer-looking antique display works
The average cost of general liability insurance for bookshops is $52 a month or $624 a year for a $1 million limit.
General liability insurance business protection for bookshops covers the cost of:
Third party personal injury or property damage claims resulting from an accident that happened in the bookshop
Injuries or property damage caused by a defective book
False advertising, slander, libel, and copyright infringement
Distillery CGL insurance cost $71 a month or $852 a year. At this price, the policyholder can claim $1 million from their business general liability insurance coverage.
The average cost for general liability insurance for small business photo booths is $33 a month or $396 a year for a $1 million coverage. Examples of factors that affect the cost of photo booth general liability business insurance coverage are location and number of employees.
General liability insurance for businesses such as breweries is roughly $93 a month or $1,116 a year for a $1 million coverage.
GL insurance cost for microbrewery is $67 a month or $800 a year for a $1 million policy limit.
Ice cream general liability insurance for small business cost truck, vans, and shops $33 a month or $396 a year for a $1 million policy limit.
Winery general liability insurance cost for small business purposes is $119 a month or $1,428 a year for a $1 million coverage.
The cost of liability insurance for small business such as a vineyard is $110 a month or $1,320 a year for a $1 million general liability insurance.
Butchery small business liability insurance cost is $41 a month or $492 a year for a $1 million general liability insurance. Factors that affect the average cost of liability insurance for butcher shops are business size and history.
Food delivery small business general liability insurance cost $40 a month or $480 a year for a $1 million coverage. Factors that affect the cost of premiums are location and deductibles.
Small business general liability cost pizza delivery businesses $50 a month or $600 a year. At this cost of premiums, the policyholder enjoys a $1 million coverage for third party injuries and property damage.
General liability small business cost for gardening businesses is $48 a month or $567 a year for a $1 million coverage.
Small business general liability insurance for gardening businesses covers the cost of these incidents:
If the gardening business damages the clients property while working
If the gardening business injures the client or any other person related to the client while working
If the gardening business provided an output that was lower in quality than what was advertised
The average liability insurance coverage cost for museums and art galleries is $55 a month or $660 a year for a $1 million coverage. Factors that affect cost are location and risk management or security measures.
A $1000000 liability insurance for art galleries and museums will shoulder cost if any of these situations happen:
Someone suffered from an allergic reaction after touching a display in the art gallery or museum
Someone became sick after eating the food served by the art gallery or museum
An accident happened in the premises of the art gallery museum and injured someone or damaged someone’s property
The museum or art gallery is accused of copyright infringement, false advertising, breach of contract, etc.
Commercial general liability insurance cost horse boarding facilities $30 a month or $360 a year for a $1 million coverage. Nonetheless, the most comprehensive coverage costs $60 a month or $720 a year.
The average liability insurance cost for horse farms is $83 a month or $996 a year for a $1 million coverage. On the other hand, horse ranches pay a general liability insurance price amounting to $79 a month or $948 a year for a $1 million coverage. Factors that affect cost are location, business history, and more.
Zoo commercial liability insurance cost $45.42 a month or $545 a year for a $1 million coverage. Primary factors that affect cost are location, risk management measures, revenue, types of animals in captivity, and number of guests.
With a $1 million or $2 million liability insurance policy, zoos can easily take care of costs when:
A guests commits a mistake and gets hurt by an animal in the cage
An animal escapes and hurts guests while it’s out
A guest becomes sick after eating the snacks the zoo is selling
The zoo committed or allegedly committed false advertising and copyright infringement
Commercial general liability insurance cost juice bars $53 a month or $636 a year for a $1 million coverage. Business size and type of juice bar business (mobile or brick-and-mortar) are some factors that affect insurance premiums.
Juice bar general liability insurance 1 million dollar worth of coverage accounts for risks such as:
Client injuries caused by the serving of spoiled or contaminated drinks and food
Accidents such as slip and falls happening in the premises of the juice bar
Copyright infringement and false advertising
The cost of commercial general liability insurance for fish farms is $38 a month or $456 a year for a $1 million coverage.
Risks common in fish farms that a 1 million liability insurance can cover are:
Claims filed because the fish farm delivered a fish to a client that was different from what was promised
Libel and copyright infringement
Slip and fall accidents in the premises in the fish farm involving third parties
General liability cost poultry farms $80 a month or $960 a year for a $1 million coverage. Factors that affect premiums are the numbers of livestock and number for poultry houses.
A million dollar insurance policy for business such as poultry farms offering a general liability coverage will be extremely helpful when:
Contaminated chicken meat were sold to clients causing sickness to third parties
Failure to properly maintain poultry farm resulting in the spillage of waste products causing sickness and property damage to third parties
Company insurance cost big dairy farms 193.33 a month. If paid annually, then dairy farm company liability insurance cost is $2,332. Both commercial insurance rates assume that coverage is only provided by a $1 million general liability policy.
The average cost of farm insurance for cattle farms is $150.42 a month. If the policyholder decides to pay premiums for the entire year, then cattle farm liability insurance cost is $1,805.04.
Coworking space general liability insurance small business cost is $40 a month or $475 a year for a $1 million coverage.
Coworking space general liability insurance 1 million coverage covers costs associated with these situations:
The coworking space is poorly maintained. An employee working for one of the companies renting got injured after tripping in an unfixed floor crevice. The employee is now filing a claim for personal injuries and suffering
The coworking space looks very different from what was expected. And so, clients filed a claim for false advertisement
On average, general business liability insurance cost for golf courses is $273 a month or $3,276 a year for a $1 million coverage.
For a more specific insight, know that big golf courses pay $500 a month or $6,000 a year. On the other hand, mini-golf courses pay $33 a month or $396 a year for a $1 million general liability insurance.
The cost for liability insurance for small business, like martial art schools for example, is $295 a month or $3,538 a year for a $1 million coverage.
1 million dollar liability insurance for martial arts schools covers cost if any of these happens:
A student files a claim against the martial arts school after getting injured in a sparring session
Training equipment injures a student using them
The martial arts school faces a claim for false advertising, slander, libel, and breach of contract
Carting companies pay a general liability insurance average cost of $89 a month or $1,060 a year for a $1 million coverage. The primary factor that affects premiums is the type or tier of service carting companies provide.
A 1 million dollar liability insurance will help carting companies compensate third parties when:
A garbage bin isn’t emptied completely and a homeowner gets their hand cut by a broken glass
The carting company failed to contain garbage property during transport and caused injuries or property damage to third parties
General liability insurance small business cost hypnotherapy clinics $30 a month or $360 a year for a $1 million coverage. Some of the factors that affect cost are claims history, revenue, and business size.
$100000 liability insurance for hypnotherapy clinics will cover the cost of:
Slip and fall accidents that happened in the premises of the hypnotherapy clinic
False advertising,copyright infringement, and libel
Claims for bodily injuries such as headache, drowsiness, and other severe side effects resulting from hypnotherapy
The average cost of general liability insurance for small business such as an aromatherapy clinic is $33 a month or $396 a year for a $1 million coverage.
The average liability insurance rates for small business like reflexology clinics for example is $16 a month or $192 a year for a $1 million coverage.
Bar general liability insurance business cost is $180 a month or $1,160 a year for a $1 million coverage.
The average cost of general liability insurance for small business such as a pub is $165 a month or $1,980 a year for a $1 million coverage.
Tavern small business liability insurance costs $155 a month or $1,860 a year for a $1 million coverage.
Nightclub small business liability insurance rates average $160 a month or 1,920 a year for a $1 million coverage.
Library general liability insurance for small business average cost is $30 a month or $360 a year for a $1 million coverage.
The average liability insurance cost for small business such as a beauty salon is $32 a month or $384 a year for a $1 million coverage.
Furthermore, the average cost of commercial general liability insurance policy for all types of beauty business is $30 a month or $360 a year.
General commercial liability insurance cost for a snow plow business is $60 a month or $720 a year for a $1 million coverage.
1 million dollar liability insurance cost plumbing companies $119 a month or $1,428 a year.
Lawn care companies getting a general liability insurance will pay a business liability insurance cost amounting to $48 a month or $576 a year.
A 1 million dollar liability insurance cost web design companies $30 a month or $360 a year. On the other hand, 1 million liability insurance cost web developers $25 a month or $300 a year.
A 1 million dollar liability insurance policy cost security dog companies $35 a month or $420 a year.
Insurance companies usually charge tattoo shops $35.92 a month or $431.04 a year for a $1 million general liability coverage.
For pool businesses , a 1 million dollar business insurance policy of general liability costs $38 a month or $456 a year.
The cost of 1 million dollar insurance policy business general liability coverage for home based businesses is $19 a month or $228 a year.
A million dollar business insurance offering general liability coverage to online stores is $56.25 a month or $675 a year.
$1 million insurance policy offering general liability coverage to e-commerce businesses costs $33 a month or $396 a year.
The cost of $1.million general liability insurance for nail salons is $43 a month. If paid annually, then 1 million dollar business insurance policy offering general liability is $516 a year.
General liability insurance rates for tanning salons average $46 a month or $552 a year for a $1 million coverage.
The cost of 1 million dollar general liability insurance for bodywork businesses is $35 a month or $420 a year.
General liability insurance rates for spas getting a $1 million coverage average $42.5 a month or $510 a year.
Coffee shops getting a 1 million coverage pay a general liability insurance cost per month of $38. If paid yearly, then the estimated insurance costs amount to $456.
The average cost of business insurance for a grocery store getting a $1 million general liability policy is $41 a month or $492 a year. Factors that affect general liability insurance prices are business size, revenue, number of employees, and business history.
Gas station business insurance monthly cost is $117 for a $1 million general liability insurance policy. If paid yearly, then insurance policy fees amount to $1,404.
The monthly insurance premiums of catering businesses is $47. If payments are made annually, then the general insurance rates are $564.
The average business insurance costs for hotel, motel, and resort general liability policy are roughly $84 a month or $1,008 a year for a $1 million coverage.
Bed and breakfast business insurance average cost is $46 a month or $552 a year provided that only a $1 million general liability policy is included.
Factors that affect the cost of general liability policy for dump trucks are claims history, business history, number of units to be insured, and age of units to be insured. So how much does insurance cost per month? The average insurance cost for small business providing dump truck services is $438 a month or $5,256 a year.
The average insurance cost for a small business making money through garage services is $113 a month or $1,356 a year for a $1 million general liability coverage.
The average insurance cost per month of warehouses having general liability coverage is $93. If paid yearly, then the cost of premiums is $1,116 a year.
The average cost for insurance for small business, say for example an auto repair shop , is $107 a month or $1,284 a year. This pricing assumes that the policyholder only purchased a $1 million general liability coverage.
The average cost of insurance per month for pet sitting businesses having a $1 million general liability policy is $26. Premiums can be also paid yearly and the cost will be $312.
Garage keeping general liability insurance average cost per month is $96. If paid annually, the cost for insurance is roughly $1,152.
The average monthly insurance costs for a filmmaking business is $30. If premiums are paid yearly, then the cost is $360. Both of the figures assume that the policyholder only wants to get $1 million general liability coverage.
If the one who wants to get $1 million general liability insurance is a skid steer business , then the cost of insurance per month is $67. Alternatively, the cost of annual premiums is $804.
Heavy equipment general liability insurance monthly cost is $256. It’s also possible to pay yearly and the cost for premiums will be $3,075
.
The cost of general liability insurance for construction is $98. Some construction companies like to pay yearly. In this case, general liability insurance construction pricing is $1,176.
$2 million liability insurance cost construction businesses $130 a month or $1,560 a year.
$10 million liability insurance cost construction businesses $325 a month or $3,900 a year.
The average insurance costs per month of roofing company general liability insurance having $1 million coverage is $292. Annual insurance cost, on the other hand, is $3,504.
Excavator service general liability insurance cost per month is $83. If paid annually, then the average insurance cost is $996. Factors such as business size, claim history, and revenue determine pricing.
General liability insurance pricing for dance studios depends on factors such as business size, number of employees, and number of clients. Dance studios pay a monthly cost of insurance amounting to $38. Those who pay yearly spend $456. Note that it’s possible for dance studios to get 2mm dollars general liability coverage at the same price.
The average monthly cost of insurance for laundry businesses with $1 million general liability coverage is $46. Premiums can be paid annually, and those who do this spend $552.
The average monthly insurance cost for gyms covered with general liability insurance is $55. Yearly premium, on the other hand, is $660.
The cost of 1-year general liability coverage for tractors is $650. This figure translates to an insurance per month cost of $54.16.
For their general liability coverage, car wash businesses shoulder a monthly insurance premium of $60. If paid annually, then the cost for insurance is $720.
The monthly median cost of general liability insurance for c leaning businesses is $42 a month. This figure translates to an annual premium of $504 for a $1 million coverage. Some carriers offer a custom 100 000 insurance policy of general liability and only ask $16 a month or $192 a year.
The estimated insurance cost for yoga studios covered by $1 million general liability insurance is $46 a month or $552 a year. In the case of online yoga studios, the general estimate of insurance rate is $13 a month or $156 a year.
Janitorial services pay for low cost general liability insurance. Most pay a median premium of $42 a month or $504 a year for a $1 million coverage.
General liability insurance prices for barber shops average $30 a month or $360 a year for a $1 million coverage.
Commercial bakeries pay $35 a month or $420 a year. General liability limits at this price amounts to $1 million in coverage.
Home based bakeries, on the other hand, pay $25 a month or $300 a year for a $1 million general liability policy.
How much liability insurance for small business like bakery should be carried? Experts recommend the purchasing of a $1 million or $2 million general liability for comprehensive protection.
Retail businesses pay $41.66 a month or $500 a year. At this pricing, the policyholder enjoys general liability limits amounting to $1 million to $2 million. But note that it’s also possible that an insured pays a monthly premium of $100 if their retail business is big.
Retail businesses pay $54 a month or $648 a year for a $2 million dollar commercial liability insurance policy specifically, a general liability policy.
Restaurants pay $68 a month or $816 a year. In such pricing, the general liability insurance general aggregate limit is $1 million. Note that some restaurant insurance carriers offer $2 mm general liability at the same price.
Restaurants pay $80 a month or $960 a year should they decide to get a 2 million dollar insurance policy offering general liability coverage.
In general, general liability policy cost f ood truck businesses $42 a month or $504 a year for a $1 million coverage.
Liability insurance for llc cost $47.4 a month or $568.8 a year. Further insights of pricing is possible if we look into how much different types of LLC pay for their general liability insurance coverages. > LLCs can be classified into:
Multi-member LLC
Domestic LLC
Series LLC
Low profit LLC
Restricted LLC
The cost of liability insurance for llc with multiple members is $50 a month or $600 a year. At such pricing, the multi-member LLC enjoys a $1 million general liability coverage.
The cost of liability insurance for llc operating in the location where it was formed is $40 a month or $480 a year.
Series llc liability insurance cost is $60 a month or $720 a year. At such policy rates, the series LLC enjoys a $1 million general liability coverage.
Liability insurance for llc costs $35 a month or $420 a year. With such premium rates, the low profit LLC benefits from a $1 million general liability coverage.
For a $1 million general liability coverage, restricted llc insurance costs $52 a month. If paid annually, then the cost of business insurance for llc with restricted distributions to members is $624.
Commercial real estate insurance rates average $46 a month or $552 a year, provided that the real estate investor only decides to get insured with a general liability policy.
Sole proprietors pay $39.58 a month or $475 a year. This general liability insurance estimate of cost assumes that the policyholder has $1 million in coverage.
A $2 million dollar business insurance policy offering general liability coverage only to a sole proprietor is $56 a month or $672 a year.
Car rental small business liability insurance is $50 a month. If paid annually, car rental general liability insurance for small business cost $600.
If your business is not mentioned in the above sections, take a look at this table that summarizes the cost of general liability insurance cost per million of coverage for different businesses.
| | Cost per Month | Cost per Year |
|---|---|---|
| Car Hauling (cost depends if the company uses 1 car hauler, 2 car hauler, and so on) | $810 - $1,156 | $9,720 - $13,872 |
| Vending Machine | $62.5 | $750 |
| Flatbed Trailer | $191.66 | $2,300 |
| Cargo Van | $275 | $3,300 |
| Dump Trailer | $140 | $1,680 |
| Food Cart | $45 | $540 |
| Limousine | $200 | $2,400 |
| Food Trailer | $47.8 | $574 |
| Car Dealership | $36 | $432 |
| Corporations | $53 | $636 |
| Equipment Rental | $41 | $492 |
| Box Truck | $25 | $300 |
| Moving Company | $104 | $1,248 |
| Bounce House | $41.66 | $499.92 |
| Bulldozer | $85 | $1,020 |
| Forklift | $256 | $3,072 |
| Concession Stand and Trailer | $87 | $1,044 |
| Liquor Store | $84.67 | $1,016.04 |
| Furniture Store | $59.6 | $715.2 |
| Gift Shop | $83.33 | $999.96 |
| Jewellery Business | $69.66 | $835.92 |
| Flower Shop | $72.33 | $867.96 |
| T axi Business | $78 | $936 |
General liability insurance is not only for businesses. Professionals can also insure themselves if they’re working independently or want to insure themselves regardless the employer already provides coverage.
The best way to look into the cost of general liability insurance for different professions is to look at the insurance amount availed. Note that high-risk professions are recommended to get $2 million general liability insurance whereas low risk professions will do fine with $1 million coverage.
The recommended commercial general liability insurance limits for contractors vary as the contract dictates the amount of coverage required. For example, a client might only request the contractor to get $1 million general liability whereas another client might request coverage amounting to $2 million or more.
While many say that a contractor has at most $42 to pay every month for a $1 million coverage, our research revealed that premiums are actually lower. Some contractors pay as little as $21 a month or $252 a year.
$1 million coverage might not be enough and so some contractors decide to get $2 million coverage. So how much is 2 million dollar general liability policy for contractors? For a $2 million general liability policy, contractors pay $85 a month or $1,020 a year.
While $2 million general liability insurance business coverage is already good, some clients, as we said earlier, might require a $3 million coverage either because the project is very risky or they just want to work with contractors having comprehensive protection. Now let’s take a look at how much is 3 million dollar contractors’ general liability insurance. On average, the cost of the policy is $168 a month or $1,016 a year.
Chiropractic services are very risky. And so, most chiropractic professionals don’t settle with a $1 million general liability coverage. Insurance companies cover chiropractors with $500,000 - $5 million general liability insurance.
Student chiropractors on OJT get general liability insurance amounting to $500,000. So how much is $500,000 general liability coverage? The price of the policy is $28 a month or $336 a year.
Chiropractors who decide to get $1 million general liability insurance pay average monthly insurance payments of $52 or $624 a year.
There are those who decide to get $2 million coverage. So how much does 2 million dollar general liability cost? At such a policy limit, chiropractors pay $74 a month or $888 a year.
High-profile chiropractors decide to get $4 million coverage. And how much is 4 million general liability for chiropractors you ask? On average, the policy costs $186 a month or $2,232 a year.
$5 million general liability might be an overkill. But note that few chiropractors decide to get this coverage even if it’s costly. So how much is 5 million general liability? Chiropractors pay $243 a month or $2,916 a year.
Engineers pay $38 a month or $456 a year for a $1 million general liability coverage.
Beauty therapists are recommended to get $1 million general liability insurance. The average cost of premiums is $27 a month or $324 a year.
Pilots need a $1 million general liability insurance to cover risks. On average, the cost of premiums is $82 a month or $984 a year
Interior designers need at least $1 million general liability coverage. The price paid for the policy at such a limit is $39 a month or $468 a year.
$1 million general liability coverage is already enough to cover risks. The cost of insurance for architects is $48 a month or $576 a year.
Most clients will require $1 million or $2 million general liability coverage. > Personal chefs pay $76 a month or $912 a year for their $1 million general liability. On the other hand, the cost of $2 million general liability is $125 a month or $1,500 a year.
Most swim teachers get a $1 million general liability insurance and pay $25 a month or $300 a year.
App developers pay $30 a month or $360 a per year for a $1 million general liability coverage.
For a general liability amount of $1 million or $2 million, guides pay $52 a month or $624 a year for coverage.
Here’s a table that further summarizes the cost of general liability insurance for professions not mentioned above:
| | Cost per Month | Cost per Year |
|---|---|---|
| Graphic Designers | $33 | $396 |
| Massage Therapist | $42 | $504 |
| Physical Therapist | $52 | $624 |
| Alternative Therapists | $40 | $480 |
| Acupuncturists | $62 | $744 |
| Bartenders | $43 | $516 |
| Plumbers | $119 | $1,428 |
| Security Guard | $67 | $804 |
| Real Estate Agent | $30 | $360 |
| Electrician | $50 | $600 |
| Small Artisan | $39 | $468 |
| Farmers Market Vendor | $35 | $420 |
| Crafter | $47 | $564 |
| Candle Maker | $64 | $768 |
| Soap Maker | $39 | $468 |
| House Cleaner | $37 | $444 |
| Dog Walker | $33 | $396 |
| Bookkeeper | $45 | $540 |
| CPA | $141 | $1,692 |
| Amazon Seller | $41 | $492 |
| EMT | $37 | $444 |
| Firefighter | $126 | $1,512 |
| Law Enforcer | $59.60 | $715.2 |
| Pharmacist | $69.50 | $834 |
| DJ | $20 | $240 |
On average, business liability insurance California cost is $170 a month or $2,040 a year across businesses of different types and sizes for a $1 million coverage. For further insights, let’s discuss how much the top businesses in California pay for their general liability policy.
Milk is one of California’s biggest businesses, making at least $6.07 billion in cash receipts according to the latest data in 2016. In California, dairy farms pay $150 a month or $1,800 a year for a $1 million general liability coverage.
Filmmaking is the second largest industry in California, and it contributed $21.9 billion to the state’s economy. Filmmaking general liability insurance ca cost is $102 a month or $1,224 a year for $1 million coverage.
Despite being hit hard by the pandemic, restaurants still continue to be the top small business in California. On average, small restaurants in California pay as little as $22 a month or $264 a year for a $1 million general liability coverage.
The median cost of general liability insurance, considering all types of business and business sizes, is $180 a month or $1,800 a year for a $1 million coverage.
General liability insurance in texas for business cost $210 a month or $2,520 a year for a $1 million coverage availed by big businesses. On the other hand, small business general liability insurance Texas cost can be as low as $51 a month or $612 a year. Let’s take a look at the general liability premiums of the leading businesses in the Lone Star State.
Retail business is part of Texas’s supersector contributing so much to economic growth. Latest data in 2017 showed that retail businesses in Texas employed at least 1.3 million people. Retail business general liability insurance Texas is $55 a month or $660 a year for a $1 million general liability policy.
Together with the transportation businesses, warehousing businesses in Texas employed 474,000 people. Warehouse general liability business insurance Texas cost is $90 a month or $1,080 a year for a $1 million coverage.
In 2020, the professional services sector in Texas employed 14% of the state’s non-agricultural workforce. On average, general liability insurance Texas contractor cost is $46 a month or $552 a year.
General liability is also available for sports. The table below quickly outlines the cost of general liability for different sporting categories:
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Those looking for the cheapest general liability insurance need to try CoverWallet . This company is an insurance broker running an insurance quotes generator on its website, so that customers can get small business insurance cost estimate and know the amount of coverage available.
Since it sells the offers of its numerous partners, CoverWallet helps its users get general liability insurance under 100 dollars provided that they’re running a non-high risk business or profession. Note that the company states that minimum premiums start at $350 a year, which translates to $29.16 a month.
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Average cost: $29.16 per month
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General liability is offered as a stand-alone policy
Thimble offers short-term general liability insurance for many businesses and professions. Its general liability policy is available as monthly, weekly, hourly, or daily liability insurance. Thimble states that small businesses pay $42 a month or $504 a year. The company also lays down the specific cost of its short-term general liability which is $5 by the hour, $15 by the day, $32 by the week, and $49 by the month.
Best for: Short term general liability insurance
Average cost: $42 per month
Our rating: 10/10
Get insured within minutes
General liability can be bundled with other business insurance policies at a discounted rate
Add additional insureds and pay for insurance online
Some customers reported that Next’s rates are more expensive than the estimated rates reflected on their quotes
Is Next insurance good? That’s up to you to decide. But know that this company’s general liability policy can be managed without an agent. For instance, customers can easily add additional insured to their general liability insurance using a phone or computer. Payments can also be made in the same manner. Moreover, Next’s general liability insurance is available at the Amazon prime store at a discounted rate for amazon sellers.
Best for: General liability insurance that can be managed intuitively online
Average cost: $25 per month
Our rating: 9/10
$10 million general liability policy
Need to talk with a representative to avail the $10 million general liability insurance
Hiscox’s general liability insurance is available to a wide range of business industries such as consulting, energy, transportation, hospitality, and more. The strongest trait of this company is that its general liability coverage can have a $10 million limit provided that the customer passes the underwriters’ assessment.
Best for: General liability with $10 million limit
Average cost: Depends on the customer's business or profession. Contact Hiscox agents or customer service for accurate pricing
Our rating: 8/10
Available in all 50 states
Insures 300+ businesses and professions
Available in Canada
Claims for general liability have to be made over the phone for fast processing
State Farm Insurance g eneral liability is both a stand-alone policy and a coverage included in its business owner’s policy. The minimum policy limit of State Farm general liability insurance is $1 million, which can be increased up to $2 million upon request.
The general liability policy from the company can be paired with other State Farm business liability coverage such as professional liability and excess liability for enhanced protection. General liability insurance for small business State Farm underwrites is available in all of the United States across 300+ businesses and professions. Moreover, general liability insurance State Farm offers is also available for businesses in Canada.
Best for: General liability that can be added with excess liability
Average cost: Not mentioned by the company. Pricing depends on the customer’s business or profession
Our rating: 8/10
General liability can be customized with endorsements
Purchasing general liability needs the help of an agent
Nationwide is one of the Fortune 100 commercial liability insurance companies. It is rated A+ by AM Best and Standard & Poors. The company’s general liability insurance is available for:
Auto service and repair
Contractors
Consulting agencies
Food Service
Food Processing
Photography Studios
Wholesalers and distributors
Retail
Breweries
Commercial real estate
Churches
Nationwide’s general liability insurance can be endorsed with umbrella policy, hired and non-owned auto liability, and other commercial liability insurance products. Nationwide small business insurance cost and Nationwide commercial liability insurance cost can only be known with the help of an agent as the company determines pricing based on the unique risks the customer faces.
Best for: General liability insurance that can be customized with endorsements
Average cost: Depends on the type of business or profession. Contact a Nationwide agent for accurate pricing
Our rating: 8/10
File and track claims online
General liability includes compensation for lost wages and funeral expenses of third parties
General liability can’t be purchased as a stand-alone policy
Only insures selected businesses
Allstate small business insurance offers general liability together with commercial property or other commercial insurance products. Policy limit starts at $1 million and coverage is available to:
Accounting services
Barber shops
Chiropractors
Dentists
Legal services
Photographers
Real estate agents
Professional firms
Health and medical clinics
Retailers
Food and beverage businesses
Contrary to what was said in a popular source, Allstate’s general liability isn’t claimable through phone only. After purchasing an insurance policy, the company creates a user account. All the customer has to do to file or track a claim is to login to the Allstate website or mobile app.
Quotes for general liability insurance are available online on the Allstate website.
Best for: General liability already bundled with other policies
Average cost: General and professional liability insurance cost depends on the customer’s business or profession. Accurate pricing is provided by an agent
Our rating: 7/10
Has its own quote generator that estimates pricing
Third party reviews synonymously say that Farmers claims process is quick and efficient
Online quotes generator needs to be faster and more intuitive
Farmers Insurance general liability coverage offers two options: premises liability coverage and products and completed operations coverage. Policy limits start at $1 million. Claims can be filed online and tracked via the Farmers website. Customers can get general liability insurance quotes online and check pricing.
Best for: General liability with premises liability coverage and products and completed operations coverage
Average cost: Not stated in the company website. Visit Farmers website to check pricing based on location
Our rating: 7/10
General liability has a lot of optional coverages
Adding optional coverages make basic general liability more expensive than what was reflected on the quotes
Not an insurance company but a broker selling the quotes of its partners
A-1 insurance general liability policy includes advertising injury coverage, medical payments coverage, fire damage liability to rented premises coverage, premises liability coverage, and products and completed operations coverage. Though not a well-known carrier, A-1 insurance’s general liability is somehow comprehensive.
Best for: General liability insurance with a lot of coverages
Average cost: Not stated on the company website. Customers need to call A-1 representatives
Our rating: 7/10
The cost for business insurance if you’re getting general liability coverage is determined through a very complex equation taking different factors into account. But don’t fret because there are many tools online that provide you with a general liability insurance cost estimate.
A trusty business insurance calculator is published on the pages of insurance companies. We’ll show the best general liability insurance calculator in this section.
Thimble’s business insurance calculator is easy to use. All you have to do is tell the tool how many employees you have (type 1 if there are none), input your profession or business, input your business location’s zip code, and input the value of equipment (type 0 if there are none).
This one is more straightforward to use. All you have to do is provide your location and choose your business or profession from the dropdown list. After that, you’ll get your estimated insurance rate from Next.
General liability can cover slander, libel, and other related situations so long as it has advertising injury coverage. Advertising injury coverage is an optional policy added to general liability at a cost.
Monthly premium is insurance paid monthly. For example, if you got insured on April 4th, then your upcoming payment for the insurance policy will be scheduled on the 4th of the next month.
So is a premium monthly or yearly? The answer is both. Most carriers stop their customers from wondering is insurance premium monthly or yearly and give them the liberty to pay based on either which.
But note that there are carriers that don’t allow for insurance monthly premium. This might be done to simplify the payment of insurance as well as the updating of the policyholder’s insurance records.
Should I pay insurance in full or monthly? - That’s up to you to decide. So why do you pay insurance monthly? Primarily, paying an insurance premium monthly lessens the burden as costs won’t accumulate for the whole year. The only downside is if your carrier doesn’t have an intuitive online payment system, then making payments can be a hassle.
How about paying yearly? What are the advantages? Paying yearly is advantageous if the carrier doesn’t implement an intuitive online payment system as you can pay for insurance in one go. Also, it ensures that you can use the policy ASAP. The downside is you’ll be paying a hefty price.
There’s no absolute answer for this. Different factors come into play such as business size and type, claims history, revenue, location, and more.
Typically, general liability insurance offers a basic coverage of $1 million or $2 million. But note that if you’re willing to pay for more and the carrier allows it, general liability can cover up to $10 million or more.
Certificate of liability insurance cost nothing. You don’t have to pay a single dime whether by getting the certificate online or by asking an agent to make you a copy.
Paying for your general liability insurance in full will help make general liability insurance cheap. Carriers might offer discounts if you do so. You can save 2% or 3% on your insurance premiums.
Another way is to enroll in free or paid risk management programs offered by carriers. This lowers insurance premiums because underwriters will see that you’re doing your best to mitigate risks. Companies that have higher risk than a competitor in the same industry will generally have higher insurance premiums.
Having hefty deductibles will also save costs. In brief, a deductible is the amount you’ll pay to the carrier before getting your claim. For example, if your general liability is $1 million and your deductible is $100,000, the money you’ll receive from the insurance will only be $900,000.
Finally, don’t forget to compare quotes to get the general liability insurance cheapest offers. Use our free online quotes generator to do so. Click the “Get Quotes” button to start and compare the cheapest liability insurance quotes from different companies.
1 / 5
Use anyone except Employers. Period. They are non-transparent and shameful. After I complained long enough to warrant a call from a supervisor, the supervisor called back from a PRIVATE NUMBER (no caller ID), left a message that they are not reversing their decision (without any communication with me), and failed to leave a phone number for me to call back. She was hiding! They also fact find via email and phone calls, which is terrific for speed and communication. However, after setting a precedence of email or phone calls, they send time sensitive information via email, without any heads up... they are hoping you miss it and forfeit via expiration. Evil policies. Go elsewhere.
1 / 5
This place is an absolute joke of a company and should be ashamed of the way they conduct business. I was hurt on the job at the end of July and it took them just shy of 7 weeks to issue out a paycheck to me. Yes the amount was back dated but still. Not many have the luxury of not receiving a paycheck for almost 2 months. To top it all off, the original adjuster marked me down for the wrong state which caused a problem from the get go, I've had 3 different adjusters now since each one can't seem to figure out the simplicity of my claim. All my paperwork which includes, my job, house, and drs visits all are from the same state and city but yet some how I have been filed under a completely different state 1500 miles away. They do not answer your phone calls or emails no matter how many you leave. I've had to escalate my frustrations to the supervisors of each of these individuals in order to even get some kind of response. I've had more communication and information given to me about my claim from the customer service representatives then the actual adjusters.......... please tell me how that works?! A serious overhaul needs to happen here in order to serve your clients the way they deserve to be taken care of. 10/10 do not recommend this company to a single soul on earth
1 / 5
I have never had the displeasure of working with a more incompetent and disrespectful person in my life. I’m an injured worker and the adjuster that was assigned to my case was named Carrie Furgeson. In the past 6 weeks that I’ve been injured and out of work I have only been able to get ahold of her twice, not for lack of trying. I have left countless voicemails, countless emails, and she ignores them all. When I am finally able to get ahold of her I’m greeted with terrible customer service. She is rude, she talks over me and I’m hardly able to get a word in edgewise. She spelled my name wrong on my documents even after I spelled it for her properly countless times, this caused a whole new issue with my bank. I have bill collectors from the hospital calling me demanding payment and Carrie Furgeson won’t do a single thing to help, or to get them paid. All of my documentation is in Colorado, my job is in Colorado, my address is in Colorado, all my Dr offices and appointments have been in Colorado and Carrie still managed to hold my claim because she wasn’t sure what state she needed to file it under. It’s been 6 weeks since my Injury and my company still hasn’t received the wage paperwork to fill out so they can get me my correct wages. When she’s not ignoring me she’s answering my questions with “I don’t know” well I don’t know how she got this job, because apparently she doesn’t know anything about it. She is a disgusting morose individual inside and out and I genuinely wish her the worst in all of her future endeavors. I highly recommend you don’t use this company. Please if you are a business owner and your looking into this company please don’t use them. I’m sure they have the cheapest payment and that’s why companies use them in the first place, but you will be doing your employees a grave disservice by forcing them to venture into this absolute dumpster fire of a company. I would rate 0/5 if possible but 1 was the lowest I was allowed.
5 / 5
Their general liability insurance purchase process is simply the best online experience I've ever had in my life!
5 / 5
As long as they cover your line of business, you're literally covered! best rates, best coverage, best online experience, best professionals, can't be happier that I chose them!
Not all those who wander are lost.
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