How much does liability insurance cost for a small business?

Predicting the cost of small business liability insurance is like predicting the weather – full of possibilities, and rarely exact. The good news is, it doesn’t have to cost an arm and a leg! While some businesses pay as little as a phone bill each month, others cough up more than a fancy coffee habit. It all depends on your “business personality.“

Think of it like this: a bakery might pay less than a skydiving company, right? Different risks, different rates. But to give you a real example, a neighborhood Etsy shop selling handmade crafts might snag general liability insurance for around $30 a month, while a local dog walker with 20 furry clients could pay closer to $70.

So, the best way to get an accurate quote? Don’t rely on fortune-telling algorithms! Grab your phone and chat with an insurance agent or get a quote online. They’ll consider your unique business and give you a personalized price tag. Just remember, the earlier you plan, the more options you’ll have to find the insurance that fits your budget and keeps your peace of mind sunny-side up.