MoneyGeek thoroughly evaluated multiple factors to find the best general liability insurance in Connecticut. We considered factors such as affordability for LLCs and sole proprietors, customer satisfaction, financial stability and the convenience of the online quote process.

Based on our analysis, Thimble emerged as the best insurance provider, excelling in both quality and affordability. It also stands as the cheapest insurance provider in Connecticut, offering highly competitive rates. Thimble provides the lowest average monthly premiums for sole proprietors without employees, starting at $22. Meanwhile, LLCs with 20 employees can secure coverage at $63 per month.

MoneyGeek Logo IconBest General LiabilityConnecticut
2024

Best General Liability Insurance in Connecticut

Why Trust MoneyGeek? We collected 1,229 general liability insurance quotes and analyzed cost information alongside customer satisfaction and financial stability reports to determine the best general liability insurance companies for small businesses in Connecticut.

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Coverage costs and company information for general liability insurance providers in Connecticut were last updated in 2023.

1,229Quotes Analyzed
 
6 Companies Compared
 
50 Zip Codes

Best Overall General Liability Insurance in Connecticut

Thimble outperforms its competitors, earning an impressive MoneyGeek score of 93 out of 100, solidifying its position as the leading provider of general liability insurance in Connecticut. To further assist you in making an informed decision, we have compiled a comprehensive table below, presenting the MoneyGeek scores and pricing of all the evaluated companies for easy comparison.

How was this MoneyGeek score calculated?

Thimble93$22$63
Nationwide91$35$38
The Hartford90$31$65
Next89$25$26
Hiscox84$29$251
Best OverallScore: 93
Thimble
4/5LLC Affordability
5/5Sole Proprietor Affordability
2/5Customer Satisfaction
3/5Financial Stability
5/5Online Quote Process
PROS

Fast online quote process

Excellent AM Best financial stability rating

Offers the most affordable monthly rates for sole proprietors

CONS

Gets more customer complaints on average

Company Highlights

Thimble stands out as the best general liability insurance provider in Connecticut, offering a range of noteworthy benefits. Thimble boasts an exceptional response time of just 25 seconds, ensuring quick quotes for prospective clients. The company also excels in providing highly competitive rates, particularly for sole proprietors who can enjoy the lowest monthly premiums starting at $22.

While Thimble's rates for limited liability companies (LLCs) rank third in terms of affordability, with a monthly premium of $63, they remain competitive. However, it's worth mentioning that Thimble has an above-average rate of customer complaints, as reported by the National Association of Insurance Commissioners (NAIC).

Cheapest General Liability Insurance in Connecticut

Thimble provides the cheapest general liability insurance in Connecticut, offering an average monthly premium of $22 for sole proprietors and $63 for LLCs. MoneyGeek developed an "affordability" score to assess companies in this category, with consideration for the monthly rates offered to both sole proprietors and LLCs. Note that the winning company's rates for these entities may not be the cheapest available.

How was this MoneyGeek score calculated?

CheapestScore: 98
Thimble
4/5LLC Affordability
5/5Sole Proprietor Affordability
2/5Customer Satisfaction
3/5Financial Stability
5/5Online Quote Process
PROS

Offers the cheapest rates for sole proprietors

Charges the third most affordable premiums for LLCs

Strong financial strength rating

CONS

Above-average amount of customer complaints

Company Highlights

Thimble is the top choice for businesses searching for the least expensive general liability insurance in Connecticut. With average monthly premiums as low as $22, Thimble offers the most affordable rates for sole proprietors. This insurer charges the third cheapest premiums for LLCs at $63 per month.

Thimble's superiority is further enhanced by its A+ AM Best financial strength rating, which suggests that Thimble possesses ample resources to fulfill policyholders' claims and deliver reliable coverage. With a solid financial foundation, this insurer provides added assurance to its customers.

Best General Liability Insurance for Employers in Connecticut

Nationwide offers employers the best general liability insurance in Connecticut, earning an impressive MoneyGeek score of 98 out of 100. Its coverage comes at a competitive average monthly rate of $38.

Insurance prices are significantly influenced by the number of employees a business has. MoneyGeek conducted rankings based on the average monthly cost for limited liability companies (LLCs) with 20 employees as a benchmark. Generally, businesses with fewer than 20 employees can expect to pay below the average rate, while those with more than 20 employees can anticipate higher premiums. The employee count serves as a key factor in determining insurance costs and should be taken into consideration when evaluating insurance options.

How was this MoneyGeek score calculated?

Best for EmployersScore: 98
Nationwide
5/5LLC Affordability
5/5Customer Satisfaction
4/5Financial Stability
3/5Online Quote Process
PROS

Excellent AM Best financial stability rating

Offers second-cheapest average monthly premiums

Receives fewer complaints than the average insurer=

CONS

Takes more time to get a quote online

Company Highlights

Nationwide is the top pick for employers looking to buy general liability insurance in Connecticut. This insurer's exceptional customer support, competitive rates and strong financial standing make it a dependable option. With average monthly rates starting at $38, Nationwide is the second most affordable for LLCs with 20 employees.

Nationwide credibility is further reinforced by its impressive A+ financial strength rating, guaranteeing its ability to fulfill claims promptly. Nationwide also receives fewer customer complaints, highlighting its dedication to delivering satisfactory service. Between the insurers we analyzed, Nationwide's online quote process may take slightly longer to complete.

Best General Liability Insurance for Sole Proprietors in Connecticut

With an impressive MoneyGeek rating of 95 out of 100, Thimble is the top choice for sole proprietors looking for general liability insurance in Connecticut. With an average monthly rate of $22, Thimble offers the most affordable insurance policies in the state.

We focused on the typical costs incurred by sole proprietors without employees. However, the price of general liability insurance can vary based on its location and its industry, as these factors may expose the company to different risks.

How was this MoneyGeek score calculated?

Best for Sole ProprietorsScore: 95
Thimble
5/5Sole Proprietor Affordability
2/5Customer Satisfaction
3/5Financial Stability
5/5Online Quote Process
PROS

Get an online quote in seconds

A+ AM Best financial strength rating

Offers the cheapest monthly rate for sole proprietors

CONS

Room for improvement in terms of customer service

Company Highlights

Thimble is Connecticut's best general liability insurance provider for sole proprietors, earning an exceptional MoneyGeek score of 95 out of 100. The insurer's top position is backed by an A+ financial strength grade from AM Best, signifying its robust ability to fulfill financial obligations. Offering average monthly fees as low as $22, Thimble provides the most competitively priced rates in the market.

In addition to its outstanding offerings, Thimble delivers online quotes quickly, with an impressive response time of just 17 seconds. However, it is worth noting that it receives more customer complaints than the average insurance company, which is an area in need of improvement.

Do You Need General Liability Insurance in Connecticut?

While general liability insurance is not legally required for businesses operating in Connecticut, it is highly recommended as a necessary form of business insurance. This type of coverage offers essential protection against potential lawsuits and claims that may arise. Although the state does not enforce a mandatory obligation, certain industries and contracts may require general liability coverage to mitigate risks effectively.

Per Connecticut law, businesses with one or more employees are required to have workers' compensation insurance, with a few exceptions for sole proprietors, LLC members and household workers working less than 25 hours per week. This important coverage ensures that employees are protected in the event of work-related injuries or illnesses, providing them with necessary benefits and support.

Connecticut imposes specific minimum legal requirements for commercial auto insurance, which include the following:

  • $25,000 per person
  • $50,000 per accident for bodily injury
  • $25,000 for property damage
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SMALL BUSINESS RESOURCES IN CONNECTICUT

Connecticut's DECD Office of Small Business Affairs can help business owners access business expansion or relocation resources. It provides support in areas such as financing and technical assistance and can serve as a single point of contact to aid with navigating the various services offered by federal, state, public/private and nonprofit organizations. If you require assistance, contacting this office can provide guidance and support to navigate the available resources effectively.

How Much Is General Liability Insurance in Connecticut?

General liability insurance in Connecticut typically carries an average monthly cost of $89 for LLCs with 20 employees and $28 for sole proprietors. These cost estimates are based on an insurance plan featuring a $0 deductible, a $2 million aggregate limit and a $1 million occurrence limit.

The deductible is the initial amount owners must pay before insurance coverage starts to reimburse claims, serving as a threshold that policyholders must meet before the insurer contributes. The aggregate limit represents the maximum amount the provider is willing to pay for claims within the policy period. Once this limit is reached, the insurance plan will cover no further claims for that specific period. On the other hand, the occurrence limit sets a cap on the maximum coverage amount that the insurer can provide for each claim, ensuring a limit on the reimbursement obtained for a single claim or incident during the policy period.

Factors That Impact General Liability Insurance Costs in Connecticut

The rates for general liability insurance may vary across insurance companies and depend on several significant factors:

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    Policy limits

    General liability insurance provides coverage with both aggregate and occurrence limits. The aggregate limit sets the maximum amount that your company is willing to pay out over the entire duration of the policy. The occurrence limit determines the maximum amount the insurer will pay for each claim. Note that higher limits generally incur higher costs.

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    Number of employees and payroll costs

    The number of people you employ significantly influences your insurance premiums. When you hire additional employees, your general liability insurance premiums can increase. According to our data, in Connecticut, LLCs with 20 employees pay an average of $61 more per month than sole proprietors.

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    Business location

    The cost of general liability insurance can vary based on the location of your business. Businesses operating in densely populated areas or locations with higher crime rates often face higher insurance charges. This is primarily due to the increased risk associated with these areas, making businesses more likely to file claims.

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    Claims history

    Businesses with a clean claims history often utilize risk management strategies, leading to lower insurance costs than those who have filed previous claims. By effectively managing risks, these businesses can benefit from reduced insurance premiums.

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    Industry

    The nature of the industry you operate in can influence your insurance rates. Industries classified as high-risk can notably impact the cost of general liability insurance. The chart below illustrates how the average cost of general liability insurance in Connecticut varies across different industries.

Software Development$28$89
General Contractor$227$4,086
Cleaning$114$2,631

Frequently Asked Questions About General Liability Insurance in Connecticut

If you're having difficulty choosing the best general liability insurance for your specific needs and requirements, we've compiled answers to some frequently asked questions to help you make an informed decision.

Which company has the best general liability insurance in Connecticut?

Which company has the cheapest general liability insurance in Connecticut?

What does general liability insurance cover in Connecticut?

Does Connecticut require businesses to have general liability insurance?

About Melissa Wylie


Melissa Wylie headshot

Melissa Wylie is the Content and SEO Manager at MoneyGeek, with nearly a decade of editorial experience and six years of work in financial content focused on small businesses. She previously held SEO positions at Bankrate and LendingTree, with bylines on ValuePenguin and MagnifyMoney.

Wylie has a journalism degree from the University of North Texas. Her strong foundation in journalism helps her craft content that simplifies complex financial topics to help everyone feel confident when making decisions with their money.


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