7 Cheapest General Liability Insurance Companies for 2023

We received a quote from The Hartford for a $1 million general liability policy with $2 million in aggregate limits, which costs $29.25 a month or $351 annually.

The Hartford offers a wide range of policies you can bundle with its standalone general liability policy, including professional liability and limited liability coverage. If your small business is a tax or accounting firm or if you have formed a limited liability company (LLC), then The Hartford is the right choice for you.

Policies with The Hartford are available nationwide. You can get a quote and purchase a policy online or through an independent agent. Once purchased, you can also manage your policy online. Independent agents, who are small business owners, voted The Hartford one of the best insurance companies to work with in J.D. Power’s Independent Agent Satisfaction survey.

Customers are also happy with The Hartford. It has lower-than-average complaints with the National Association of Insurance Commissioners (NAIC). It encourages and publishes customer reviews and has 4.8 out of 5 stars from over 800 user reviews specifically about general liability claims. You can learn more in our in-depth review of The Hartford.

As one of the oldest insurance companies in America, The Hartford has the experience and financial stability you want. It has an A+ (Superior) rating from the insurance rating agency AM Best.

We received five quotes for a handyperson business—general liability with $1 million per occurrence and $2 million aggregate. The prices ranged from $547 to $1,013 annually.

The quote for $547 annually was through Harborway Insurance and included $100,000 in damage to premises rented to you and $2 million in products and completed operations limit. When you purchase the policy through Simply Business, you will receive an email that contains your policy and a COI.

When purchasing, you have two options: yearly or monthly. For the monthly option, you owe $172 and then have 10 monthly payments of $51.60. You can purchase the policy online.

Simply Business is available in 50 states. Its offerings are more focused on microbusinesses than large businesses, and while not all coverages are available, you can get a quote for general liability and professional liability.

Its customers are happy with their experience. On the independent review site Trustpilot, Simply Business has 4.7 out of 5 stars from over 600 reviews.

After purchasing a policy, you can manage it online, pay bills, and request a COI when you need proof of insurance. If you need to file a claim, you can either contact Simply Business directly or call your carrier—it provides you with the claim contact information for every carrier it works with.

Simply Business is owned by Travelers, which has a rating of A++ (Superior).

Thimble now offers coverage on a three-tier scale: silver, gold, and platinum. Each tier comes with additional coverage and even higher limits, giving you the freedom to pick which type of coverage works best and allowing you some control over the cost of your premium.

We received a quote for a business owner’s policy (BOP), and going with the silver level, the policy carried $1 million in total liability and $25,000 in property coverage. It cost $60.83 monthly over 10 months after a down payment of $121.66.

Whether you’re a current customer or just looking, you can download the Thimble app, through which you can get a quote, purchase and manage your policy, and file claims. Getting a quote on an app is a unique feature for small business insurance.

Once the policy is purchased, you receive an instant COI. You can request as many copies of the COI as you need, and a digital copy is available on the app.

If you are a contractor, Thimble provides a certificate manager service that helps you manage your contractor insurance and follow state-specific guidelines.

As a managing general agent, it offers policies that are through a variety of different carriers.

All of them are rated A- to A (Excellent) by AM Best.

FLIP provides a very simple quote system. You can have the coverage you need in minutes and purchase same-day coverage without speaking with anyone.

We received a quote for general liability and equipment on a food truck. The cost was $34.17 monthly. The policy carried $2 million aggregate in general liability, $2 million in products and for completed operations, $300,000 for damage to a rented premise, and $5,000 for tools and equipment. The entire process took less than five minutes.

FLIP is available in all 50 states. Once you purchase a policy from them, you will gain an online account with 24/7 access to your policy documents and the ability to get free and unlimited COIs for your business.

Online reviews are positive. There are 500 5-star reviews from users on its website. The policy is from The Great American Insurance Company, and it has lower-than-average complaints with the NAIC.

FLIP has partnered with The Great American Insurance Company to provide insurance to food vendors, caterers, food trucks, and more. The Great American has a financial rating of A+ (Superior).

Its general liability policy covers personal and advertising injury, medical payments, bodily injury, and property damage.

We received four quotes from CoverWallet: $411 (Liberty Mutual), $489 (Chubb), $639 (The Hartford), and $790 (Liberty Mutual), annually. All quotes were for a small clothing boutique. While all carried $1 million per occurrence and $2 million aggregate limits, coverages varied from there. The Hartford provided $1 million in damage to premises rented to your business. The higher Liberty Mutual quote also included $10,000 in first-party property coverage.

While CoverWallet is not subject to complaints via the NAIC, it is well-reviewed on independent websites such as eKomi. There, it has over 700 user reviews with an average rating of 4.7 out of 5. You can learn more about it in our in-depth review of CoverWallet.

You can get a quick quote on CoverWallet’s easy-to-use website. However, purchasing online is a limited feature and not readily available. In the four quotes above, only one had the option to purchase online. For the rest, you would need to call to finish the process.

Once purchased, you have access to a “self-service wallet,” where you can request a COI, pay your bill, review active policies, and file a claim. You will also be assigned a designated agent to help you with anything.

Owned by Aon, CoverWallet works with multiple top-rated carriers like Chubb and Liberty Mutual. Chubb has a rating of A++ (Superior) and Liberty Mutual has a rating of A (Excellent).

Through Progressive Advantage ® Business Program, Progressive functions like a brokerage offering multiple quotes from different providers. This is available if, for whatever reason, it cannot insure your business. Through this program, you can obtain quick quotes and receive discounts for bundling, even if not all of your existing policies are with Progressive.

Through this program, we received two quotes, one from Liberty Mutual and the other from Nationwide. The Liberty Mutual quote cost $411 annually or $34.24 monthly. To purchase the policy, you have to call to buy it. Nationwide had the same type and level of coverage as Liberty Mutual but cost $667 annually.

To get general liability directly through Progressive, please be aware it usually offers it bundled into a BOP.

Offering great convenience, Progressive customer service is available for you 24/7. You can call, go online, or use the app to manage your policy and file a claim.

While there is only one registered complaint for general liability, unfortunately, its overall complaints are higher than expected per the NAIC.

Operating since 1937, Progressive has been offering commercial insurance for more than 50 years. Financially, it has remained strong over the decades, with a current AM Best rating of A+ (Superior).

biBERK states that you can purchase general liability from it for under $30 a month, but the price will depend on the industry and specific information on your business. It has a minimum annual premium of $275. For this price, you can obtain a BOP that includes general liability.

The general liability policy with biBERK excludes personal and advertising injury. If that is the coverage you seek, you will need a professional liability policy from this provider.

While it is not available in all 50 states for general liability, this newer company is growing. There are over 50,000 small businesses that have chosen biBERK. The company has an average rating of 4.9 out of 5 stars from over 40,000 reviews on its website.

Conveniently, you can quickly obtain a quote and purchase a policy online. If something happens to your business, you can file a claim online, and a member of biBERK’s in-house claims department will be in touch shortly.

If you need to reach someone, it is only open during the weekdays from 7 a.m. to 9 p.m. ET.

In 2015, Berkshire Hathaway founded biBERK to provide insurance for small businesses. Currently, it offers coverage for over 50 different industries. Because it is a part of Berkshire Hathaway Group, biBERK has a solid financial rating of A++ (Superior) from AM Best.

General liability insurance is a third-party insurance that every business should consider and, in many cases, is required to carry. It covers claims that through the negligence of your business operations, you caused property damage, bodily injury, or personal advertising injury. Many policies also carry additional coverage, like damage to the premises you rent.

When purchasing business insurance, it is important to understand what coverage you need so you don’t pay for unnecessary coverage. Comparing providers is a great way to get quality coverage at an affordable price. If the provider offers flexibility, you can manage your limits and deductible to help offset the premium.

In researching this article, we received quotes ranging from $350 to over $12,000 annually. The cost of insurance varies by industry, claims history, the size of the business, revenue, and the number of employees.

A COI is a one-page document that summarizes your insurance and can also be used as proof of insurance. Many industries, like construction, utilize these when bidding on a job. Some companies you work with will ask to be listed as an additional insured and then request a COI showing the addition. When shopping for general liability insurance, finding a provider that makes it easy to create and share a COI is important.