General liability insurance provides coverage for common liability claims from third parties people outside your business. What is cheap small business insurance.
Small business public liability insurance can protect you against claims and legal costs from a person for example a client supplier or member of the public who suffers injury or damage to their property either at your place of work or while you re working off site.
Small business liability insurance quote. The cost of public liability insurance depends on a number of factors including the amount of cover you select also known as the limit of indemnity specific inclusions and your business type. Typically you will select any type of insurance policy from a simple business policy like a bop business owners policy to a professional liability coverage for lawyers or doctors. Premiums vary but start at 500 per year.
There are complex policies for example worker s compensation to simple policies like fire insurance for a small office. Business liability insurance typically provides coverage to small businesses for bodily injuries medical payments advertising injuries and more. Call our dedicated small business team on 1300 131 000 for more information or start an online quote now.
Our agents will work with you to determine the right type of commercial liability insurance you need for every stage of your business. Commercial general liability insurance covers legal defense costs if someone sues over a bodily injury property damage or advertising injury. General liability insurance provides coverage against the most common small business claims.
Best overall for cheap general liability insurance. Premiums vary but start at 240 per year. Premiums vary but start at 350 per year.
How much does cheap small business insurance cost. It covers accidental damages such as a customer slipping in a puddle at your shop and breaking an arm or their phone. Best for spas and salons.
You can enhance a basic policy with additional commercial liability insurance options known as endorsements that meet the specific needs of your business. It also helps pay for lawsuits that claim you damaged a competitor s reputation or copied their logo. Small businesses are at the heart of the american dream helping drive the economy and encouraging innovation.
The average price of a standard 1 000 000 2 000 000 general liability insurance policy for small businesses ranges from 27 to 39 per month based on location size payroll sales and experience. Best for retailers and wholesalers. General liability insurance also known as business liability insurance is a type of insurance policy that helps protect businesses from claims that happen as a result of normal operations.