MoneyGeek analyzed insurance companies based on affordability, customer satisfaction, financial stability and their online quote process to rank the best general liability insurance providers in Georgia. Thimble ranked as the best insurer overall, earning a MoneyGeek score of 90 out of 100. A general liability insurance policy from Thimble costs an average of $22 per month for sole proprietors and $65 per month for limited liability companies (LLCs) with 20 employees. Next is the cheapest company for general liability insurance in Georgia, charging $25 monthly for both LLCs with 20 employees and sole proprietors.

MoneyGeek Logo IconBest General LiabilityGeorgia
2024

Best General Liability Insurance in Georgia

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 Georgia.

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

1,229Quotes Analyzed
 
6 Companies Compared
 
50 Zip Codes

Best Overall General Liability Insurance in Georgia

Thimble offers the best general liability insurance in Georgia, earning a MoneyGeek score of 90 out of 100. We analyzed insurers in Georgia based on their average costs and other factors. You can use the table below to see how the best companies ranked, their rates and their MoneyGeek scores.

How was this MoneyGeek score calculated?

ThimbleMoneyGeek Score90Monthly Cost Without Employees$22Monthly Cost With 20 Employees$65
The HartfordMoneyGeek Score90Monthly Cost Without Employees$32Monthly Cost With 20 Employees$67
NextMoneyGeek Score90Monthly Cost Without Employees$25Monthly Cost With 20 Employees$25
NationwideMoneyGeek Score89Monthly Cost Without Employees$47Monthly Cost With 20 Employees$43
HiscoxMoneyGeek Score87Monthly Cost Without Employees$29Monthly Cost With 20 Employees$107
Best OverallScore: 90
Thimble
3/5LLC Affordability
5/5Sole Proprietor Affordability
2/5Customer Satisfaction
3/5Financial Stability
5/5Online Quote Process
PROS

Cheapest insurer for sole proprietors

Fastest quote application process

Strong financial stability rating

CONS

Poor complaints score

Relatively costly for LLCs

Company Highlights

Thimble offers the best general liability insurance in Georgia. This company offers affordable rates and a fast online quote application process. For sole proprietors looking for the cheapest general liability policy, Thimble is the most affordable provider out of the five companies we analyzed. This company also has a high financial strength rating, meaning that employers do not have to worry about its ability to meet its financial obligations. However, it is worth noting that Thimble receives more complaints than average.

Cheapest General Liability Insurance in Georgia

Next is the cheapest company for general liability insurance in Georgia, charging an average of $25 per month for LLCs and $25 per month for sole proprietors. We determined the cheapest insurers based on an affordability score that combines the monthly cost for sole proprietors and the monthly cost for LLCs, each weighted at 50%. The cheapest company overall may not have the cheapest rates for both sole proprietors and LLCs.

How was this MoneyGeek score calculated?

CheapestScore: 98
Next
5/5LLC Affordability
4/5Sole Proprietor Affordability
0/5Customer Satisfaction
2/5Financial Stability
4/5Online Quote Process
PROS

Cheapest insurer for LLCs

Second-cheapest insurer for sole proprietors

Fast online quote process

CONS

Low financial strength ratings

Company Highlights

Next outranks all the other insurers we evaluated for affordability by offering the cheapest rates for LLCs and the second-cheapest rates for sole proprietors with no employees. In addition to affordable rates, Next has a good customer service track record, so you can expect a balance of cost and good service from this provider.

Next has a seamless online quoting system. On average, it will take you about a minute to get a quote. However, its financial stability score is lower than other insurers we researched.

Best General Liability Insurance for Employers in Georgia

Nationwide offers the best general liability insurance for employers in Georgia, with a MoneyGeek score of 95 out of 100. Nationwide’s policy for LLCs costs an average of $43 per month.

These rankings are based on the average monthly cost for LLCs with 20 employees. General liability insurance costs in Georgia vary depending on the employee count. Businesses with less than 20 employees pay less than the average rate, but those with more employees pay higher rates.

How was this MoneyGeek score calculated?

Best for EmployersScore: 95
Nationwide
4/5LLC Affordability
5/5Customer Satisfaction
4/5Financial Stability
3/5Online Quote Process
PROS

Second cheapest rates for LLCs

High financial stability rating

Low number of customer complaints

CONS

Slow online quote process

Company Highlights

Nationwide is the best general liability insurer in Georgia, offering affordable rates and great customer service. It is the second-cheapest company for LLCs with 20 employees among the companies analyzed.

This insurer receives fewer than average complaints compared to other insurers, meaning that most policyholders are satisfied with their services. Additionally, they have a high financial strength rating, so they are more likely to meet their financial obligations to policyholders. Nationwide offers quotes online, but their process is slower compared to their competitors.

Best General Liability Insurance for Sole Proprietors in Georgia

Thimble is the best company for sole proprietors In Georgia, earning a MoneyGeek score of 95 out of 100. Policies cost an average of $22 per month, the cheapest rate for sole proprietors. This analysis is based on average rates for a sole proprietor with no employees. Rates may vary depending on the industry, with sole proprietors in risky industries like construction paying higher rates.

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

Cheapest company for sole proprietors

High financial strength score

Quick online quote process

CONS

Receives more complaints than average

Company Highlights

Thimble’s general liability insurance is the best option for sole proprietors in Georgia. This insurer offers the most affordable rates for sole proprietors with no employees and has a high financial strength rating.

This insurer offers the cheapest rates at an average of $22 per month, but factors like location and industry may impact premiums. On average, it takes less than a minute to get an online quote from Thimble.

While Thimble has a sound financial strength rating but for a company of its size, they receive more complaints than average.

Do You Need General Liability Insurance in Georgia?

You do not need general liability insurance to legally operate a business in Georgia, but it is still recommended that you purchase it.

General liability offers coverage for:

  • Third-party bodily injuries: If a third party suffers injuries at your business, a general liability policy will cover the cost of the injuries.
  • Third-party property damage: If a third party’s property is damaged by your business or employees, a general liability policy will cover the damages.
  • Personal and advertising injury: General liability insurance covers your legal expenses and damages if your business or employees are sued for personal or advertising injuries like libel or copyright violations.

In some cases, you may need general liability insurance to obtain operating licenses or win contracts in specific industries.

The business insurance requirements in Georgia require that all businesses with more than three employees carry workers’ compensation insurance. Businesses are also required by law to have commercial auto insurance for business vehicles with the following minimum limits:

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

If you run a small business in Georgia with fewer than 300 employees, you might be eligible for Georgia’s small business growth programs, which offer assistance and support for accessing capital, specific industry knowledge and export assistance. Georgia small business programs have project managers in every region of Georgia to assist those who want to start or expand their businesses.

How Much Is General Liability Insurance in Georgia?

The average cost of general liability insurance in Georgia is $31 per month for sole proprietors and $61 per month for LLCs with 20 employees.

Our analysis is based on a policy with a $2 million aggregate limit, a $1 million occurrence limit and a $0 deductible. The aggregate limit refers to the maximum amount that a general liability policy can pay for claims during a given policy period, while the occurrence limit is the maximum payable per claim. The deductible is the amount required from the business owner before the policy can pay a claim.

Factors That Impact General Liability Insurance Costs in Georgia

General liability insurance costs vary for each business depending on specific factors, including:

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    Policy limits

    The limits on your policy will impact how much your general liability insurance costs. You can save on premiums by opting for lower policy limits, but keep in mind that this will limit your coverage and could cost you more out of pocket if you ever need to file a claim.

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    Number of employees and payroll costs

    General liability insurance is typically cheaper for companies with few employees and sole proprietors. The more employees a company has, the higher the premiums will be. The $30 monthly price difference between coverage for a sole proprietor vs. an LLC with 20 employees highlights this.

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    Business location

    Location is a factor in the cost of general liability insurance since some locations are riskier than others. This means statewide rates can vary by city depending on how risky a certain area is.

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    Claims history

    Businesses that remain claims-free for extended periods are likely to pay lower rates since they are considered low-risk. In contrast, those that file claims are likely to pay more for general liability insurance.

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    Industry

    High-risk industries like construction incur higher rates for general liability insurance since the risk of injuries and damages is high. You can use the table below to compare average general liability insurance costs by industry in Georgia.

Software DevelopmentMonthly Cost Without Employees$31Monthly Cost With 20 Employees$61
General ContractorMonthly Cost Without Employees$174Monthly Cost With 20 Employees$2,773
CleaningMonthly Cost Without Employees$79Monthly Cost With 20 Employees$1,446

Frequently Asked Questions About General Liability Insurance in Georgia

We answered commonly asked questions to help you learn more about general liability insurance in Georgia.

Which company has the best general liability insurance in Georgia?
Which company has the cheapest general liability insurance in Georgia?
What does general liability insurance cover in Georgia?
Does Georgia require businesses to have general liability insurance?

About Melissa Wylie


Melissa Wylie headshot

Melissa Wylie is a Content and SEO Manager at MoneyGeek. Melissa has worked in the financial content space since 2018 and has spent much of that time focused on all things small business.

Prior to joining MoneyGeek, Melissa held SEO positions at Bankrate and LendingTree. Melissa’s work has also appeared on LendingTree-owned websites ValuePenguin and MagnifyMoney.

Melissa began her career at American City Business Journals in 2015 as a reporter for the company’s women-focused publication Bizwomen. Melissa has a Bachelor of Arts in Journalism from the University of North Texas. Melissa relies on her foundation in journalism to craft content that simplifies complex financial topics to help everyone feel confident when making decisions with their money.

Melissa's other work can be read on LendingTree and Bizwomen.


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