Business Insurance Calculator
Estimate your business insurance premium based on your industry, number of employees, revenue, and location. Get instant coverage breakdowns.
The average U.S. small business pays between $500 and $3,500 per year for a standard Business Owner's Policy (BOP) combining general liability and property coverage, according to 2026 Insurance Information Institute data. General liability alone averages roughly $500–$1,200/year for low-risk offices and professional services, while construction and restaurants pay 40–80% more due to elevated claim frequency. Workers compensation adds approximately $35–$100 per employee per month, varying dramatically by industry classification code. Revenue is the primary rating factor for general liability, with each $100,000 in revenue adding roughly $300–$500/year. Bundling a BOP saves 10–15% versus buying policies separately. Use the calculator below to build a personalized estimate by industry, headcount, and state in under 30 seconds.
Business Insurance Estimator
Estimated Premium
Total coverage
per month
Frequently Asked Questions
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, cyber insurance, and umbrella coverage.
How much business insurance coverage should I get?
Coverage amounts depend on your business size, industry risk, and assets. A common recommendation is $500,000 to $1,000,000 in general liability, plus property coverage equal to your business property value.
What is the difference between BOP and CPP?
A BOP combines liability and property coverage in one package for small businesses. A CPP offers more customization for larger or more complex operations.
Is workers' compensation required by law?
Yes, workers' compensation is required in most states for businesses with employees. It covers medical expenses and lost wages for employees injured on the job.
How can I lower my business insurance premium?
You can reduce premiums by implementing safety protocols, providing employee training, maintaining good records, bundling policies, and shopping around annually.
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* Estimate only. Actual policy cost depends on individual qualifications and carrier rules.