Insurance costs for a small business LLC typically range from 400 to 1,500 dollars annually for a basic General Liability policy (CGL) with a standard 1 million dollar limit. If your LLC operates in a higher-risk sector, requires professional liability (Errors and Omissions) coverage, or needs commercial property and cyber protection, the total annual premium often scales between 1,500 and 3,500 dollars. Factors such as company payroll, annual gross revenue, physical location, and claims history heavily influence the exact pricing quoted by commercial insurers.
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