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Small business insurance costs around $300/month, depending on coverage. Learn what factors affect costs and how to get the best insurance rates.
In 2023, the national median monthly cost of a business insurance policy for new Progressive customers ranged from $42 for professional liability to $67 for workers’ compensation. Notice how the average business insurance cost depends on the type of policy you need.
The cost of business insurance depends on the size and nature of your business. Annual sales, payroll and prior claims also factor into your insurance rate.
The average cost of a business owner's policy is $57 per month or $684 annually. The table below shows average monthly costs for our top small business insurance policies. These figures are sourced from the median cost of policies purchased by Insureon customers from leading insurance companies.
Small business insurance costs an average of $85 per month, or $1,019 per year, for customers of The Hartford. Many factors can affect your small business insurance cost, including your business’ size, industry and location.
The average annual cost of business insurance for a liability-only policy is $500, while a business owners policy costs about $636. An independent insurance agent can help you find the right type of business insurance for you.
The cost of a business owner’s policy, which is a package of coverages that many businesses need, can start as low as $300 annually based on our team’s research. But the annual premium your...
The average cost of small business insurance is $57 per month, according to Insureon. That’s for a business owner’s policy (BOP), which bundles general liability insurance, commercial...
On average, customers of The Hartford pay $85 per month and $1,019 per year in business insurance costs. Find out more about the average price of business insurance, what factors impact business insurance costs and more with The Hartford.
Average Cost of Small Business Insurance. When it comes to how much you’ll pay for a small business insurance policy, there’s no single answer. Premiums can vary widely based on things...