Unfortunately, there’s no one-size-fits-all answer to this question. We get it - that can be frustrating, especially if you’re trying to research the cost of your policy before buying. Hopefully, we can help give you a better idea of what influences the cost of your general liability policy, so you have more information once you start looking for coverage.
In general, the following factors can influence how much your general liability insurance will cost:
1. Your business type
2. Your business trade
3. The number of employees you have
4. Your business location
5. Your payroll (including subcontractor pay)
6. The specific services your business provides
While there might be other factors that influence how much your general liability insurance costs, these are the gold standards for determining your policy price.
When requesting a general liability quote, make sure you have all the above information on hand, as it’s essential for getting the right insurance coverage!
Whether you’re shopping for a brand-new policy or comparing policy prices, we can help you find affordable protection that’s personalized to your needs. Start your quote here!
*Harborway Insurance policies are underwritten by Spinnaker Insurance Company and reinsured by Munich Re, an A+ (Superior) rated insurance carrier by AM Best. Harborway Insurance is a brand name of Harborway Insurance Agency, LLC, a licensed insurance producer in all 50 states and the District of Columbia. California license #6004217.