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    Jstuman's Avatar
    Jstuman Posts: 3, Reputation: 1
    New Member
    		  
    #1

    Jun 22, 2011, 10:32 AM
    Liability insurance cost
    How much would liability insurance cost, for a small business.

    Getting liability ins. Is a great idea

    How much would liability insurance cost, for a small business.

    Have no clue
    ballengerb1's Avatar
    ballengerb1 Posts: 27,378, Reputation: 2280
    Home Repair & Remodeling Expert
    		  
    #2

    Jun 22, 2011, 11:45 AM

    The only way you will get an accurate answer is to call 3 brokers and describe your business and the coverage you want. Foremost businesses insurance is required to be licensed.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #3

    Jun 22, 2011, 02:59 PM

    And what type of small business, if your business is to repair 1 million dollar art works, it may be high. If your business is a knife throwing act at the circus, doubt you could by it.

    My liability for my martial arts studio costs me about 600 dollars a year, accident coverage for the students, cost about 14 dollars per student per year

    When we had a coffee house, because we served food, and there is higher liability of law suits from food illness, it was closer to 1500 a year for liability
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