Basic Cost for insurance for small business?
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- What kind of insurance? What State / country?
- When you ask a question like this, it is a good question, but you need to be specific i.e. Health Insurance, Auto Insurance, Liability etc etc.
- depends on the kind of business, and the kind of insurance. The first year of insurance can be anywhere from $500 to $100,000 or even more, if you're manufacturing airplane parts. There's no "basic" insurance. It's not a policy type. In any case, you'll have to get quotes from your local, independent agent. Most of the direct writers (State Farm, Allstate, Nationwide) won't touch a new business without three years of prior insurance history on it.
- I have found the source box to be a good resource for this type of insurance. There are a variety of ways to go about this so I suggest you research some of the companies for their offers.
- This really depends on a lot of factors. The type of business that is performed? The number of employees? How much coverage is needed? Are you looking to cover tools also? Any buildings?
- check rates
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