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How much does $1,000,000 in liability insurance cost?

Asked by Anonymous Oct 12, 2026 2 views 1 answers
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Answered Oct 13, 2026
A standard commercial general liability insurance policy with a $1 million limit typically costs between $450 and $1,200 per year for low-to-moderate risk small businesses, such as consultants, office-based professionals, or retail shops. The exact cost scales depending on your annual turnover, number of employees, physical workspace square footage, and specific industry hazard classification, with high-risk tradies paying higher baseline rates.
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