Best General Liability Insurance in Kansas (2023)

By weighing variables like cost, customer service, financial stability and ease of online quotes, MoneyGeek selected Kansas's best general liability insurance providers. Thimble took first place due to its high scores across all of these parameters. This insurer's average policy costs $54 per month for limited liability companies (LLCs) with 20 employees and $22 per month for sole proprietors with no employees.

Next provides Kansas business owners who are on a budget with the cheapest general liability insurance. For LLCs with 20 workers, general liability coverage from Next costs $35 monthly. For sole proprietors with no employees, it costs $26 monthly.

Thimble has a MoneyGeek score of 90 out of 100, making them the best general liability insurance provider in Kansas. The following table displays our rankings of the Kansas companies we analyzed, along with their MoneyGeek scores and average premiums.

Overall, Next provides the cheapest general liability insurance in Kansas, with an average monthly premium of $35 for LLCs and $26 for sole proprietors.

We created an "affordability" score that combines the monthly fees for LLCs and solo proprietors, both weighted at 50%, in order to rank companies in this area. As a result, our winner's cost for both entity types may not be the lowest.

A MoneyGeek score of 96 out of 100 placed Nationwide as the best company for Kansas employers seeking general liability insurance. This company's average monthly policy costs $40.

MoneyGeek based the rankings on the average monthly premium for LLCs with 20 workers. The number of employees has a big impact on general liability insurance costs. You will probably spend less if you have fewer than 20 employees, while more than 20 employees will result in higher premiums.

Thimble, with a MoneyGeek score of 95 out of 100, offers the best general liability insurance for sole proprietors in Kansas. Its monthly premium is approximately $22.

Our rankings for companies in this category were determined by the average costs for sole proprietors. Those in more hazardous industries, such as construction, may pay a higher premium for general liability insurance.

Although Kansas law does not mandate companies to purchase general liability insurance, it is a good idea to buy a policy to safeguard your business from financial loss caused by liability claims from third parties. It offers protection for:

• Third-party bodily injuries: General liability insurance can be used to help pay for the medical expenses of a customer who is injured on your business's premises.
• Third-party property damage: General liability insurance covers costs associated with property damage to third parties brought on by your company or its personnel.
• Personal and advertising injury: If your company or employees have a slander, libel or copyright infringement lawsuit, general liability insurance will cover your legal fees and damages.

Keep in mind that in some fields, acquiring general liability insurance is a prerequisite to obtaining a business license or landing a contract.

In Kansas, it is mandatory for businesses with one or more employees to purchase workers' compensation insurance as well as other types of business insurance. For any company-owned vehicles they possess, companies must purchase commercial auto insurance with at least the following minimum limits:

• $25,000 per person
• $50,000 per accident for bodily injury
• $25,000 for property damage

In Kansas, an LLC with 20 workers pays an average of $51 per month for general liability insurance, while a sole proprietor with no employees pays an average of $29 per month.

These rates reflect a policy with a $2 million aggregate limit, a $1 million per-occurrence limit and a $0 deductible. A policy's aggregate limit is the maximum amount of money an insurer will pay out in total for claims over the policy term, while an occurrence limit is the maximum it will pay out for any one claim. The deductible is the out-of-pocket expense that company owners must pay before their insurance policy takes effect.

General liability insurance premiums differ depending on the type of business and the following factors:

Your particular business needs and other variables will determine the best general liability insurance for you. To give you more information, we answer some frequently asked questions.