2014
Hero Image

Ask Us about Tech Insurance!

You've got questions - we've got answers!

Since launching TechInsurance in 1997, we've received thousands of questions about insurance from the owners of technology startups and small tech businesses. As technology our customers use has evolved over the years, so have their questions, but many of the issues are just as relevant today as they were way back then.

Scroll below to use the resources now

Get instant small business insurance quotes

Can't find your industry?

800.668.7020 | M-F 8:00 AM to 5:30PM Central

General Liability Insurance

Professional Liability Insurance

Errors and Omissions Insurance

Cyber Liability / Data Breach Insurance

Workers' Compensation Insurance

Business Owner’s Policy

Data Breach Insurance

Certificate of Liability Insurance

Fidelity Bond

More

Additional Insurance Offerings

4.9 out of 5 Customer Rating

Read reviews...

What Is the Cost of General Liability Insurance for a Small Business?

The average cost of General Liability Insurance (aka Commercial General Liability or CGL) depends on a number of factors, including business size and type. The following are sample CGL quotes (i.e., policy cost estimates) and deductibles (i.e., estimates of the amount you'd have to pay out of pocket before receiving benefits), and do not constitute recommendations.

What Does Commercial General Liability Insurance Cover?

CGL Insurance protection typically covers:

Sample Commercial General Liability Quote: Small Consulting Company

For the purposes of this sample quote, we consider a "small" consulting company one that has:

Given these specifications, the following are ballpark insurance policy limits and premium costs.

Typical annual premium: $500 – $900

Policy Breakdown: What It Covers

Total coverage limit (per occurrence) $1 million
Total coverage limit (annual aggregate) $2 million
Personal & Advertising coverage limit (per occurrence) $1 million
Completed Products coverage limit (annual aggregate) $2 million
Damage to Rented Premises coverage limit $300,000
Medical Expenses coverage limit $10,000

Sample Commercial General Liability Insurance Quote: Independent Contractor / Web Designer

For this sample quote, we assumed annual revenue of $0 – $150,000.

Typical annual premium: $425.00 – $900.00
Property Claim Deductable: $500

Policy Breakdown: What It Covers

Total coverage limit (per occurrence) $1 million
Total coverage limit (annual aggregate) $2 million
Personal & Advertising coverage limit (per occurrence) $1 million
Completed Products coverage limit (annual aggregate) $2 million
Damage to Rented Premises coverage limit $300,000
Medical Expenses coverage limit $10,000
Business Property coverage limit* $10,000
Business Computer & Media coverage limit* $50,000
Laptop Computer coverage limit (worldwide)* $5,000

Sample Commercial General Liability Insurance Quote: Large Consulting Firm

For the purposes of this sample quote, a "large" consulting firm is one that has:

Typical Annual Premium: $3,646
Property Claim Deductible: $1,000

Total coverage limit (per occurrence) $1 million
Total coverage limit (annual aggregate) $2 million
Personal & Advertising coverage limit (per occurrence) $1 million
Completed Products coverage limit (annual aggregate) $2 million
Damage to Rented Premises coverage limit $300,000
Medical Expenses coverage limit $10,000
Business Property coverage limit* $100,000
Business Computer & Media coverage limit* $150,000
Laptop Computer coverage limit (worldwide)* $5,000

*Coverage for business property can be added to a General Liability Insurance policy by bundling it with a Property Insurance policy. This bundled package is called a Business Owner's Policy, and is available to certain businesses that have a low risk profile and meet certain other criteria.

Receive Free General Liability Insurance Quotes for Your Business


Ready to get a General Liability Insurance quote for your business? Complete our free online application (the process should take about 15 minutes), and one of our expert agents will send free quotes to your email inbox. When you receive your quotes, you can compare them at your leisure or call your agent with any questions you have.



70% of businesses raise prices or cut hiring when sued

$475,000 = Average court costs for disputes over technology transactions

$35 billion = annual out-of-pocket cost of lawsuits for small businesses