The cost of small business insurance in 2025 varies widely depending on the type of coverage and factors like industry, business size, and location. Here are some typical costs:
- General liability insurance: around $42 to $80 per month
- Business owner’s policy (BOP), which bundles general liability and property coverage: about $57 to $85 per month
- Workers’ compensation insurance: roughly $45 to $50 per month, depending on employee salaries
- Professional liability insurance: between $61 to $100 per month
- Commercial auto insurance: approximately $147 to $270 per month
Overall, most small businesses pay between $500 and $1,200 annually for basic insurance coverage. For example, the average monthly cost for a business owner’s policy is often around $57, resulting in about $684 yearly. More comprehensive coverage or additional policies will increase the total cost. Small businesses with more employees, higher risk factors, or larger physical locations will typically pay more. Lower-risk businesses like consulting or home-based work may pay as little as $300 to $700 per year for basic coverage, while higher-risk industries like construction or healthcare can pay $2,000 or more annually. In summary, expect to pay roughly $40 to $150 per month for essential small business insurance, with total annual costs commonly in the $500 to $1,200 range, although this varies significantly by business specifics.
