Generally, how much would $1 Million liability insurance cost me?
Wednesday, April 13th, 2011 at
11:54 am
I’m concidering starting my own small business but thats one of the things I’ll need to concider.
Try Arthur J. Gallagher & Co. They may have a plan for under $1000. http://ajg.com/ The type of business you may be starting will dictate the cost.
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Call insurance agents in your area and ask them. There is no certain pricing that anyone on here can give you. There are several factors when it comes to Liability Insurance. They charge you according to what kind of business along with a host of other things. We have an Electrical business. Some insurance agents wanted $1100 per year while others wanted $2300.00 per year. It varies greatly.
References :
Try Arthur J. Gallagher & Co. They may have a plan for under $1000. http://ajg.com/ The type of business you may be starting will dictate the cost.
References :
http://www.higginscompanies.com
Generally, between $500 and $100,000 a year. It depends wildly on a whole bunch of factors, like what type of business it is, and either your annual payroll, gross sales, or square footage – whatever the rating factor is for the classification of the business type.
References :
agent, 21+ years