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How much does small business insurance usually cost?

Asked by Anonymous Oct 12, 2026 2 views 1 answers
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Answered Oct 13, 2026
Small business insurance typically costs between $500 and $3,000 annually for a foundational Business Owner's Policy (BOP) combining general liability and commercial property insurance. However, total expenses fluctuate dramatically depending on your specific industry hazards, payroll volume, business location, and gross annual revenue. Low-risk sole proprietors operating home offices pay significantly less, whereas commercial operations or retail storefronts requiring broad coverage face higher costs.
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