BUSINESS

What is the cost of commercial insurance?

Several aspects of your business and the insurance coverage will influence the cost of a commercial insurance policy.

Prices for a typical commercial insurance policy can range anywhere from $42 to $68 per month, but they can also be significantly higher or lower.

The number of employees you have, the location of your business, and the amount of coverage you want can all affect how much a business insurance policy costs.

In general, your policy will cost more if you have more employees and need more coverage. Prices also vary from region to region based on the risks that go along with them.

A company is reimbursed by business interruption insurance for the income it has lost as a result of events that disrupt the normal course of business.

It is typically included in a business owner’s policy or added as a rider to a property insurance policy.

Also Read  Individual Risk.

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