This is usually the first question anyone asks, and it's a fair one. The honest answer is that there's no single number that applies across businesses — but there is a clear list of what actually moves the price.
Two businesses in the same city, doing what sounds like similar work, can have meaningfully different premiums once underwriting looks at the specifics — payroll, claims history, coverage limits, and exact operations all factor in. A number pulled from a generic online calculator isn't underwritten to your actual business, so treat any flat figure you see online with real skepticism.
Industry and risk classification is usually the biggest factor — a roofing contractor and an office-based consulting firm are priced very differently, even at similar revenue. Payroll size matters a lot for workers' compensation specifically, since that premium scales directly with it.
Claims history affects renewal pricing over time, and the coverage limits and deductibles you choose directly trade off against premium — higher limits and lower deductibles cost more, for the obvious reason that they cover more.
Many small businesses end up combining general liability, property, and other core coverages into a single policy rather than buying each separately, which can be more efficient than piecing coverage together one policy at a time — worth asking about specifically for your situation.
There's no substitute for underwriting your specific business — which is exactly what happens after you submit a quote request with us. It takes about two minutes to start, and the real number comes from the follow-up conversation, not a generic estimate.
Two minutes to get started — we'll take it from there.
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