Liability insurance for a sole proprietorship

[sharkhunter]

How much does Liability insurance cost on average for a sole proprietorship? Any leads are appreciated.

[Charles]

To many variables to give an honest answer.

Contact several agents and get multiple quotes.

[Radar]

3 million liability with workers comp and commercial vehicle coverage is 400.00 a month for me.

[kyle1974]

Depends what you’re doing. Mine was based on revenue and worked out to around 1% of gross sales.

[Sparkles]

Liability insurance for a sole proprietorship

I think it depends on the industry and several other variables.
I pay about $2000 a year for $2,000,000 without vehicles or workers comp


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[miket]

Im LLC but I think mines $2400/yr for 1 million and workers comp. Im sure it depends on what your industry is etc. The questions they asked were pretty extensive ( machine shop )

[rferg84]

To many variables to give an honest answer.

Contact several agents and get multiple quotes.

Way too many...

Rates are based on risk, risks are about exposures.

Need more info.

[Slew]

Somewhere between $500 and $500k.


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