What Doesn’t Liability Insurance Cover?

General liability insurance covers most liability claims, but not every type. You’ll need to get other types of business insurance to give your company extensive coverage. A general liability policy won’t help your business if: An employee gets hurt on the job or sick from their work. You’ll need workers’ compensation insurance to help cover this kind of claim. It can also help financially protect you if an employee sues your business because of a work-related injury or illness. A customer sues your business for making a mistake in your professional services. You’ll need to get professional liability insurance, which can help pay your legal defense costs. You get into a car accident while making a delivery to a customer with a company-owned car. A commercial auto insurance policy can help cover the third-party property damage from the accident. A fire damages the building your business owns. Commercial property insurance can help cover your repair costs.

General Liability Insurance Cost

Q: What Is the General Liability Cost Per Month?

Insurance companies look at several factors when determining your general liability cost. Things like the amount of risk your business faces and your claims history can influence your cost. Typically, small businesses that face more risk pay more for insurance. So, a construction company may pay more than an accounting firm.

Q: How Is a General Liability Premium Calculated?

Several factors contribute to your business’ insurance cost. From the number of employees you have and your claims history to the type of business you operate, different factors can affect your general liability insurance premium. Insurers look at these factors and then use their own formulas when determining costs.

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Key Takeaways

On average, our small business customers pay about $68 a month, or $810 annually, for general liability insurance (GLI) from The Hartford.**
Insurance costs will be different for every business because insurance companies look at several factors, like your location, industry, claims history and more to determine your price.
Getting a free online quote from The Hartford is the best way to determine your actual cost for a general liability policy.

Factors That Influence How Much General Liability Business Insurance Costs

Insurance companies use several factors when determining your liability insurance cost, including:

Risk Exposure

If your business is in an industry with high levels of risk, it can increase your general liability insurance cost.

Business Location

Operating in a more populated area or in an area prone to natural disasters can increase the risk of claims, which may impact your price.

Years in Business

Certain industries face higher risks than others, which can increase costs for general liability insurance.

Type of Business

Certain industries face higher risks than others, which can increase costs for general liability insurance.

Coverage Limits

The policy limit amount and deductible you choose can affect your insurance cost. Typically, your policy will cost more if you need a higher coverage limit.

Claims History

A business with a clean claims history demonstrates safety and experience. This can help lower your small business insurance cost.

The best way to find out how much your business’ general liability insurance cost will be is to get a quote. You can also look at our general liability insurance reviews to see what real customers say about us.

General Liability Costs by Industry

What your business will pay for insurance will vary significantly depending on your industry. This table displays our customers’ average annual GLI premium by industry.

Industry	Average Annual General Liability Premium **
Business Consulting	$720
Accountants	$604
Engineering	$500
Retail Stores	$712
Restaurants	$1,352
Manufacturers	$617
Photographers	$421

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We’ll help you get a price tailored to your needs. Get a quote today to help protect your business.

Frequently Asked Questions About General Liability Costs

How Much Is General Liability Per Year?

General liability insurance costs vary, so businesses pay different costs per year for coverage. Typically, businesses pay a few hundred to a couple thousand dollars a year. The average cost is $810 annually.** The best way to find out how much general liability insurance will cost your business is to get a quote.

What Is the General Liability Cost Per Month?

On average, our small business customers pay about $810 annually for general liability insurance.** Keep in mind that insurance companies consider several factors when determining your general liability cost. Things like the risks your business faces and your claims history can influence your cost. Typically, small businesses with more risk pay more for insurance. So, a construction company may pay more than an accounting firm.

How Much Is a $1 Million General Liability Insurance Policy?

On average, a $1 million liability insurance policy costs $69 a month, or $824 a year, for our small business owners.** Keep in mind that every business is different, so the $1 million liability insurance cost will vary. What your business pays for a policy with $1 million or $2 million general aggregate limits can be different compared to other companies.

What Isn’t Covered Under Liability Insurance?

General liability insurance covers most liability claims but not all. You’ll need to get other types of business insurance to give your company extensive coverage. A general liability policy won’t help your business if:

An employee gets hurt on the job or sick from their work. You’ll need workers’ compensation insurance to help cover this kind of claim. It can also help financially protect you if an employee sues your business because of a work-related injury or illness.
A customer sues your business for making a mistake in your professional services. You’ll need to get professional liability insurance to help pay your legal defense costs.
• You get into a car accident while making a delivery to a customer with a company-owned car. A commercial auto insurance policy can help cover the third-party property damage from the accident.
A fire damages the building your business owns. Commercial property insurance can help cover your repair costs.

How Is a General Liability Insurance Premium Calculated?

From the number of employees you have and your claims history to the type of business you operate, different factors can affect your general liability insurance premium. Insurers look at these factors and then use their own formulas when determining costs.

What Factors Influence the Cost of General Business Liability Insurance?

General liability insurance costs are different for everyone because every business has unique needs. Some factors that can determine insurance costs include:

Type of business
Revenue
Number of employees
Location
Policy details, like coverage limits and deductibles

What Does General Liability Insurance Cover?

LLC Insurance

General Liability Insurance FAQs

** Costs, premiums, and coverages mentioned are estimates and are not guaranteed. Actual cost, premium, and coverage are determined at the time of quote or issue and are specific to an individual risk. Premiums are based on information provided to The Hartford, including, but not limited to, underwriting and rating criteria. All examples included on this website or in an advertisement are intended for informational purposes only and are not an offer or a guarantee of premium or coverage. Coverage and products described are subject to the terms and conditions found in the policy contract. Any educational information provided about available coverages does not modify the policy language or imply that any claim is covered. Products are not available in all states or for all businesses.