Nationwide emerged as the top contender for Nevada’s best general liability insurance in MoneyGeek’s analysis with a score of 98 out of 100. However, The Hartford, Thimble and Hiscox are also great options for general liability policies.
Best General Liability Insurance in Nevada
Updated: June 20, 2025
Advertising & Editorial Disclosure
Key Takeaways
Overall, the best general liability insurance company in Nevada is Nationwide, which has a great balance of affordable rates for LLCs and good customer service.
The cheapest general liability insurance for sole proprietors in Nevada is offered by Hiscox at $32 per month. For LLCs, Nationwide is the most affordable option at $40 a month.
General liability insurance costs in Nevada depend on your industry, and we found they can range from $31 to $4,807 per month on average.
Best Cheap General Liability Insurance in Nevada
| Nationwide | 98 | $38 | $40 |
| The Hartford | 92 | $35 | $70 |
| Thimble | 88 | $33 | $80 |
| Hiscox | 83 | $32 | $124 |
*Rates were based on a $1,000,000 per occurrence and $2,000,000 aggregate limit for a software development company.
Nationwide: Best Overall
pros
Low rates for LLC businesses
Large coverage selection
Low customer claims frequency
cons
Higher rates for sole proprietors
COMPANY HIGHLIGHTS
Nationwide receives our top ranking for general liability insurance in Nevada by striking the perfect balance between reasonable premiums and outstanding customer support. The company ties for 1st place with the lowest NAIC claims ratio while offering the cheapest LLC rates, $480 annually for comprehensive liability protection.
Hiscox: Cheapest Overall
pros
Built for small businesses
Convenient online platform
Cheapest rates for sole proprietors
cons
Limited coverage availability
COMPANY HIGHLIGHTS
Hiscox is our pick for the cheapest overall general liability insurance in Nevada. The company has the cheapest rates for sole proprietors at $32 per month and is built for small businesses specifically. While its claims ratio was higher than other companies we've reviewed in the state, their overall buying process was smooth, with a smooth online platform.
How Much Is General Liability Insurance in Nevada?
An average general liability insurance policy in Nevada typically costs around $31 per month for sole proprietors and $76 per month for LLCs. However, this only represents software development companies and the costs can vary widely by industry.
| Cleaning | $2,659 | $117 |
| General Contractor | $4,807 | $311 |
| Software Development | $76 | $31 |
*Rates are based on a $1,000,000 per occurrence and $2,000,000 aggregate coverage policy for general liability.
Factors That Impact General Liability Insurance Costs in Nevada
General liability insurance costs can fluctuate based on a number of different factors in Nevada. In the list below, you can see these factors and their impacts on your coverage costs:
Policy limits
Coverage limits have a considerable impact on insurance premiums. Higher limits lead to increased costs, while lower limits generally result in more affordable premiums.
Number of employees and payroll costs
Businesses with a large workforce and high payroll expenses can expect an increase in general liability insurance costs. Our research on LLCs and sole proprietorships confirms this connection.
Business location
Where your business is located significantly affects your insurance costs. State average rates can differ from city to city, so it’s essential to consider these variations when assessing your coverage needs.
Claims history
A history of multiple claims can make a business seem riskier to insurers, leading to higher premiums.
Industry
Industries with higher risks, like construction, typically incur higher general liability insurance costs.
Nevada General Liability Insurance: Buyer's Guide
Business insurance is a complicated industry and can be difficult to navigate. So, to simplify your understanding of general liability insurance, we've created a short guide detailing how to get the best coverage, defining what it covers, listing requirements in Nevada, and explaining how much coverage you should consider getting.
How to Find the Best General Liability Insurance Company
To help ensure that you get the best small business insurance regardless of your industry, we've created a step-by-step guide to simplify your coverage search.
- 1
Define your coverage needs
Determine your liability risk by taking into account your industry, products or services, customer types, business size and market impact. Measure the frequency and costs of common claims in your industry to evaluate coverage options better.
- 2
Research average costs for your business
To understand how good of a deal you're getting from business insurance companies, you need to research average costs for your particular business. Knowing average expenses will give you a way to judge whether a company is saving you money or not.
- 3
Consult similar businesses
Your business community is your greatest resource, and personal experience is often more valuable than resources online. You'll likely be able to get recommendations that are better for your specific needs and an understanding of what claims are common within your industry.
- 4
Compare multiple options through different means
Comparing multiple companies apples to apples ensures that you can judge which option is best for your business. Also, choosing multiple means of comparison, like online comparison sites and brokers, will give you a more comprehensive view of pricing.
What Does General Liability Insurance Cover and How Does It Work?
General liability insurance coverage consists of two parts: per occurrence and aggregate limits. Per occurrence refers to the maximum a single claim can go up to, while the aggregate limit is the total coverage you can get per year. In terms of covered items, this type of policy includes the following:
Bodily injuries or property damage on business property
Legal fees for bodily injury or property damage that your company may be responsible for
Damages to leased or rented business property
Bodily injury or property damage caused by your product or service
Libel, slander, or reputational harm legal defense
Legal fees for copyright infringement accusations
Is General Liability Insurance Required in Nevada?
Like in most states, general liability insurance isn't expressly required by state law and instead varies by your industry. However, if you are looking to apply for a professional license, sign a contract with a larger company, or sign an office lease, some form of general liability insurance may be required. While not an exhaustive list, the following industries tend to fall into these categories:
- Medical
- Accounting
- Real estate
- Insurance
- Contracting
- Engineering
- Marketing
- Law
- Consulting
- Media/Communications
How Much General Liability Insurance Do I Need?
Most small businesses will only need a standard policy with 1 million dollars of protection per occurrence and a 2 million limit per year. This will likely cover most or all damages caused over a year for most business types. Even so, your particular industry's risks and the size of your operation may require a larger coverage limit than standard.
WHO MAY NEED MORE COVERAGE
Certain businesses, like those in health care, building, or selling goods, face more risks. This means they might need to pay more for insurance that protects them if something goes wrong. If your company is in one of these areas, consider getting more insurance.
Best General Liability Insurance in Nevada: Bottom Line
Overall the best general liability insurance companies in Nevada are Nationwide, The Hartford, and Thimble. However, we recommend comparing around yourself and getting plenty of quotes to ensure you get the best deal possible.
General Liability Insurance in Nevada: FAQ
Below, we address frequently asked questions regarding general liability insurance in Nevada:
Which company has the best general liability insurance in Nevada?
MoneyGeek's leading choice for general liability insurance in Nevada is Nationwide, which earned an overall score of 98 out of 100. The ideal insurance for you depends on various details, including your business size, number of employees, and specific coverage requirements.
Which company has the cheapest general liability insurance in Nevada?
For sole proprietors, Hiscox offers the most affordable coverage at $384 per year. For LLCs, Nationwide provides the cheapest rates at $480 annually.
Does Nevada require businesses to have general liability insurance?
No, Nevada does not mandate general liability insurance for businesses, but it is a strategic move to protect against potential claims.
How We Chose the Best General Liability Insurance Providers in Nevada
We broke down our scores into these categories and weights:
- LLC cost (55% of score)
- Sole proprietor cost (5% of score)
- Customer satisfaction (25% of score)
- Financial strength (10% of score)
- Quote process time (5% of score)
For all business insurance companies, we assumed software development industry LLCs with 20 employees. We based customer satisfaction and financial strength scores on NAIC and AM Best ratings. Quote process scores came from our MoneyGeek experts' personal experiences.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.