Compare Small Business Insurance Quotes

At the national level, business insurance quotes and averages by coverage type fall in this range for a standard policy:

• General Liability: $102/mo to $139/mo quote range, or $123/mo on average
• Workers' Comp: $86/mo to $149/mo per employee quote range, or $113/mo per employee on average
• Professional Liability: $45/mo to $72/mo quote range, or $56/mo on average
• Commercial Auto: $143/mo to $201/mo quote range, or $163/mo on average
• Commercial Property: $111/mo to $151/mo quote range, or $125/mo on average
• Cyber Insurance: $68/mo to $88/mo quote range, or $83/mo on average

Your coverage type influences which risks are ultimately covered, setting the bounds within which an insurer's financial risk operates and the baseline for determining premiums. Given the overarching nature of these numbers, the pricing shown should be used to generally distinguish which policies are more or less expensive for most small businesses.

ou'When isolating industry as a cost factor, my small business insurance comparison found the following ranges of quote estimates:

• General Liability: $24/mo to $371/mo
• Workers' Comp: $10/mo to $462/mo per employee
• Professional Liability: $10/mo to $222/mo
• Commercial Auto: $73/mo to $437/mo
• Commercial Property: $9/mo to $647/mo
• Cyber Insurance: $43/mo to $176/mo

Your industry and specific profession within it set the scope of the claim risks your company can be exposed to for a specific type of coverage, particularly your day-to-day activities. So, you'll often see extreme variation in quotes because, depending on the coverage type, risk may be high or nearly nonexistent. It will also determine what is often expected of you, coverage requirements-wise, for clients and licensing purposes.

For example, if you are a contractor, risks like property damage during a job and after work is completed are incredibly common, making general liability insurance very expensive.

It will also determine what is often expected of you, coverage requirements-wise, for clients and licensing purposes. Your quote process will also vary significantly depending on your profession and the types of risk you are exposed to. A contractor may get completely different questions than an accountant when getting quotes, and these questions will even differ by the type of coverage you want.

At the state level, assuming all else is equal, business insurance quotes range as follows according to our research:

• General Liability: $73/mo to $215/mo
• Workers' Comp: $48/mo to $351/mo per employee
• Professional Liability: $36/mo to $82/mo
• Commercial Auto: $67/mo to $384/mo
• Commercial Property: $97/mo to $182/mo
• Cyber Insurance: $80/mo to $116/mo

Insurers view your location as the container in which insurance risk operates with respect to your business and the coverage they are providing. It determines the requirements you're subject to by law, the litigation environments and any replacement or repair costs for property. More legally sensitive policies like workers' comp and commercial auto tend to vary more in quotes than something like cyber insurance, where location correlates much weaker with cyberattack risk.