Best General Liability Insurance in Virginia (2025)

MoneyGeek looked into different companies’ costs, customer service and financial stability to find the best general liability insurance in Virginia. We found that Nationwide offers the best overall coverage, offering affordable rates of $34 per month for limited liability companies (LLCs) and sole proprietors. The cheapest company is Next, with an average monthly premium of $25 for LLCs with 20 employees and sole proprietors.

The best or the cheapest company for you depends on several factors, like your industry, number of employees, location and more. It’s best to know what your business needs and how much protection you want when looking for a policy.

The overall best company for general liability insurance in Virginia is Nationwide, receiving a MoneyGeek score of 89 out of 100. It has an average premium of $34 per month for both LLCs and sole proprietors. The table below shows the rates and MoneyGeek scores of all the companies we ranked in Virginia.

The cheapest company for general liability insurance in Virginia is Next, with average monthly rates of $25 for LLCs with 20 employees and $25 for sole proprietorships. To rank the companies, we prioritized affordability, weighing the cost for both LLCs and sole proprietors for 50% each. Next might not have the lowest rates for both types of businesses.

Employers can find the best general liability insurance from Nationwide. It received a MoneyGeek score of 94 out of 100 based on our analysis of its average monthly cost for LLCs with 20 employees. On average, the cost of a Nationwide general liability insurance policy is $34 per month. Employee count can influence your premiums, as having more employees can cost you higher rates.

The best general liability insurance for sole proprietors is biBERK, receiving a MoneyGeek score of 97 out of 100. With an average cost of $23 per month, biBERK came out at the top after we analyzed the average cost of a policy for sole proprietors with no employees. Sole proprietors may pay more for their policy if they are in riskier industries, like construction.

General liability insurance is not required for a business to operate. However, you might need it for business licenses or for winning contracts in some industries. It can also be your business’ financial safety net in case of unforeseen events.

This insurance can cover legal fees and judgments, medical bills and property damage, all of which can cost your business thousands of dollars.

Even though you’re not required to purchase general liability insurance, you might need other types of business insurance. In Virginia, businesses with more than two employees need workers’ compensation insurance. Businesses should also purchase commercial auto insurance with the following coverage limits:

• $25,000 per person
• $50,000 per accident for bodily injury
• $20,000 for property damage

The average cost of general liability insurance in Virginia is $41 per month for LLCs with 20 employees and $27 per month for sole proprietorships. These average rates are based on policies with a $2 million aggregate limit, $1 million occurrence limit and $0 deductible.

Your aggregate limit is the maximum amount your policy will cover for the policy period. The occurrence limit is the amount your insurance will cover for each claim. The deductible is the amount you pay from your pocket before your insurance starts covering a claim.

The cost of general liability insurance depends on many factors, such as your industry, policy limits, number of employees and more. Here’s how they affect your premiums:

Shopping for an insurance policy can leave you with a lot of questions. To help you figure out what you’re looking for, we answered frequently asked questions about general liability insurance in Virginia.