Protect Your Future with Secret Liability Insurance Tactics
Cost Considerations
The cost of liability insurance varies depending on several factors, including the size of your business, industry risk, and coverage limits. On average, small businesses might pay between $400 to $1,000 annually for general liability insurance5. However, the potential financial protection it offers far outweighs the premium costs. It's crucial to compare different policies and providers to find the best deal. Many insurers offer discounts for bundled policies, which can be a cost-effective option.