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What is the average cost of business insurance for a small business in Australia?

Asked by Anonymous Oct 12, 2026 1 views 1 answers
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Answered Oct 13, 2026
The average cost of small business insurance in Australia typically ranges from $1,000 to over $3,000 annually, though individual premiums vary widely based on your industry classification, annual turnover, and chosen coverage stack. A low-risk solo consultant purchasing basic public liability may pay under $500 a year, whereas high-risk retail venues, manufacturing units, or construction contractors requiring comprehensive business packs and machinery breakdown cover face significantly higher premiums.
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