Get Property Liability Insurance Secrets Top Professionals Trust
Real-World Examples and Pricing Context
The cost of property liability insurance can vary widely based on factors such as the type of property, location, and the level of coverage required. For instance, a small business might pay between $750 and $2,000 annually for a basic policy, while larger enterprises could see premiums exceeding $10,0003.
In one case study, a real estate management firm was able to save 15% on their premiums by bundling their property liability insurance with other business policies4. Such savings demonstrate the importance of exploring different coverage options and negotiating with insurers.