Business Insurance Calculator

Estimate business insurance premiums based on revenue, employees, industry, and coverage type.

Annual Revenue ($)

Number of Employees

Industry Risk (1-10)

Deductible ($)

General Liability Premium

$950

Property Insurance

$500

Workers Comp Est.

$5,000

Total Annual Cost

$6,450

Business Insurance Calculator: Estimate Commercial Coverage

Business insurance is essential for protecting your company from financial losses due to lawsuits, property damage, and employee injuries. The right coverage can mean the difference between surviving a crisis and closing your doors.

This calculator estimates premiums for general liability, property insurance, and workers compensation based on your revenue, employee count, industry risk level, and chosen deductible.

General liability typically costs $400-$2,000/year for small businesses. Workers compensation varies significantly by industry, from $0.75 to $2.50+ per $100 of payroll.

For related tools, see our umbrella insurance calculator and ROI calculator.

FAQ

What types of business insurance do I need?+

Most businesses need general liability, property insurance, and workers compensation. Depending on your industry, you may also need professional liability (E&O), cyber liability, or commercial auto insurance.

How much does business insurance cost?+

Small businesses typically pay $500-$3,000/year for basic coverage. Costs vary widely based on industry, revenue, number of employees, and location.

Is business insurance legally required?+

Workers compensation is required in most states if you have employees. General liability is not legally required but is often needed for contracts and leases.

What is a BOP (Business Owner Policy)?+

A BOP bundles general liability and property insurance at a discount, typically saving 15-20% compared to purchasing separately.