General Liability

General Liability

Prices For Liability Insurance That Others Paid

Google Plus One LinkedIn Print

We regularly survey BuyerZone users to find out how much they paid for their purchases. Here's a look at the prices for general liability insurance that other companies paid. Learn how to get your own customized business insurance quote.

Since most business owners see liability insurance as a must - and since many states require businesses to carry it - many business owners buy general liability insurance while their firms are still extremely small businesses, often just one employee. We've separated the responses below into rates for single employee companies and those with more than one.

There are a couple of main trends to notice in these responses. First is that the most common limit is $1 million per year with a $2 million aggregate cap. You'll see some responses below for higher and lower amounts, but that seems to be fairly standard.

Second is that the actual general liability rates are fairly low: most are below $1,000 per year. For the amount of protection a liability insurance policy gives you, that's definitely a cost of doing business that you should be able to live with.

Liability insurance rates for sole proprietorships and single employee corporations

back to top

Liability insurance rates for companies with 2 or more employees

back to top

Want more information on buying liability insurance? Read our General Liability Buyer's Guide.

Information was provided by BuyerZone users. Quotes have been edited for clarity only.

Ready to Compare General Liability Price Quotes?