General Liability Insurance Calculator
Estimate your general liability insurance premium in seconds. Built for small business owners, contractors, and service providers. No email required to see results.
Want a real quote from a licensed broker?
Enter your email and we'll connect you with a commercial insurance specialist. No obligation.
How Much Does General Liability Insurance Cost?
General liability insurance costs between $500 and $3,000 per year for most small businesses, depending on industry and revenue. Low-risk industries like offices and retail typically pay $500–$1,500 annually. Higher-risk industries like construction pay $2,000–$5,000 or more.
What Factors Affect Your Premium?
1. Industry
Riskier industries pay more. An office with no customer foot traffic is cheapest. Construction, restaurants, and any business with physical customer contact pay significantly more.
2. Annual Revenue
Premiums scale roughly with revenue because higher revenue means more customer interactions and more potential exposure. A business with $1M revenue pays roughly double one with $500K.
3. Number of Employees
More employees means more potential for workplace incidents. Each additional employee adds to the premium, though at a decreasing marginal rate.
4. State
States with higher lawsuit activity and more expensive claims pay more. California and New York typically have the highest rates. Texas and other business-friendly states tend to be lower.
Frequently Asked Questions
Is general liability insurance required?
It's not federally required for most businesses, but many states, landlords, and clients require proof of coverage. Most businesses buy it voluntarily because it protects against lawsuits that could otherwise bankrupt them.
What does general liability cover?
It covers third-party claims of bodily injury, property damage, and personal injury (like libel or slander) that occur on your premises or during your business operations. It does not cover employee injuries (that's workers comp) or your own property (that's commercial property insurance).
How can I lower my premium?
Bundle with other policies (BOP), maintain a clean claims history, implement safety training, and choose a higher deductible. Raising your deductible from $500 to $2,500 can cut your premium by 15–25%.