$45
general liability, median/month
$83
BOP, median/month
$88
professional liability, median/month
Cost by policy
| Policy | Median per month | Median per year | Covers |
|---|---|---|---|
| General liability | $45 | $538 | Customer injuries, property damage you cause, advertising injury (libel, copyright) |
| Business owner’s policy (BOP) | $83 | $990 | General liability + commercial property in one discounted bundle |
| Professional liability (E&O) | $88 | $1,051 | Claims that your advice or work caused a client financial loss |
| Workers’ compensation | $54 | $643 | Employee medical bills and lost wages for work injuries |
| Cyber liability | $129 | — | Data breaches, ransomware, notification costs |
| Commercial umbrella | $86 | — | Extra limits above your liability policies |
| Commercial property | $108 | — | Your building, equipment, inventory and furniture |
Source: Insureon, median cost of policies bought by its small-business customers (excludes outliers).
Cost by industry
| Industry | General liability | BOP | Workers’ comp |
|---|---|---|---|
| Consulting | $29 | $42 | $40 |
| Technology / IT | $30 | $46 | $34 |
| Healthcare | $31 | $70 | $60 |
| Food and beverage | $44 | $148 | $106 |
| Cleaning | $48 | $76 | $136 |
| Landscaping | $51 | $94 | $169 |
| Installation | $73 | $118 | $193 |
| Construction | $82 | $98 | $254 |
Cost by state
| State | General liability | BOP | Workers’ comp | Professional liability |
|---|---|---|---|---|
| California | $42 | $79 | $63 | $94 |
| Florida | $55 | $105 | $65 | $84 |
| Georgia | $47 | $84 | $61 | $83 |
| New York | $44 | $97 | $43 | $97 |
| North Carolina | $42 | — | — | $78 |
| Texas | $43 | $97 | $34 | $91 |
Monthly medians, Insureon. “—” = not published for that state.
General liability by profession
| Profession | Average per month |
|---|---|
| Personal trainer | $20 |
| Photographer | $25 |
| Hairstylist | $30 |
| Business consultant | $35 |
| Accountant | $45 |
| Engineer | $50 |
| Retail | $55 |
| E-commerce | $60 |
| House cleaner | $60 |
| Janitorial | $75 |
| Property manager | $86 |
| Handyman | $95 |
| Electrician | $120 |
| Carpenter | $145 |
| Daycare | $175 |
| General contractor | $210 |
| Auto repair | $220 |
| Restaurant | $245 |
Source: NEXT, average general liability premium of its active customers (data April 2026).
What drives the price
- Industry risk — the single biggest factor.
- Location — state rules and local claim costs.
- Revenue and payroll — many policies are rated on them.
- Employees — workers’ comp rises with headcount and job type.
- Limits and deductible — $1M/$2M is the common general liability choice.
- Claims history — prior claims raise premiums.
Get quotes
Simply Business
GL from $20.75/mo
- Compares quotes side by side from 18 carriers
- Carriers include Hiscox, Travelers, CNA, Markel and Liberty
- Certificate of insurance downloadable 24/7
Watch out: Advertised prices are the 10th percentile — most pay more
NEXT Insurance
General liability from $19/mo
- Buy online in about 10 minutes, coverage effective after payment
- Unlimited free certificates of insurance (COI), 24/7
- General liability from $19 a month
Watch out: Starting prices are not guaranteed
Insureon
Median GL $45/mo
- Publishes median prices from 100,000+ small-business customers
- Quotes from multiple insurers with licensed agents
- Covers a wide range of industries
Watch out: Medians — your price depends on industry, state and limits
Prices are published averages or starting prices from each insurer or broker, not quotes. Your premium depends on your industry, state, payroll, revenue and claims history. We are not an insurance agency. Verified October 18, 2026. We may earn a commission if you sign up through our links, at no cost to you. How we’re funded.
Frequently asked questions
How much does business insurance cost for an LLC?
It depends on the policies. Insureon’s medians: general liability $45/month, business owner’s policy $83, workers’ comp $54, professional liability $88, cyber $129. Buying both general liability and professional liability at those medians comes to about $133 a month.
What is the cheapest business insurance?
General liability is usually the cheapest core policy. NEXT advertises GL from $19/month and Simply Business from $20.75/month (10th-percentile price) — low-risk professions pay the least.
Why is my quote higher than the average?
Industry risk drives most of the price — construction pays several times what consulting pays. Location, revenue, payroll, number of employees, claims history, limits and deductible also change the premium.
Can I pay business insurance monthly?
Yes. Most online insurers and marketplaces offer monthly payments; some charge a small down payment first.
How do I lower my business insurance cost?
Bundle general liability and property into a BOP, choose a higher deductible, keep payroll classifications accurate, compare quotes from several insurers, and avoid limits higher than your contracts require.
Your LLC setup checklist
- Get a free EINFrom the IRS, in minutes online.
- Open a business bank accountKeep LLC money apart from yours to protect the liability shield.
- Sign an operating agreementSettle who owns and decides what before it matters.
- Plan your taxesKnow your tax status and federal due dates.
- Track state deadlinesFree reminders before each filing.
Everything in one list: printable LLC compliance checklist · live deadline calendar.