By Jessica MartinezContributing Writer, Business & Finance, Encore Editorial
The short answer
Most small businesses land between $1,000 and $6,000 a year for general liability, property, and workers' comp combined. Where you fall in that range depends mostly on industry and payroll, not on the size of your office.
Figures this estimator uses
The tool above reads straight from the rate table below. Industry risk factor multiplies both the general liability and workers' comp pieces; the property add-on scales with revenue alone. These are the 2026 figures coded into the calculator, not a quote from any single carrier.
| Input | Rate or factor |
|---|---|
| General liability base rate | $1.20/$1,000 revenue. Floor: $450. |
| Property add-on base rate | $0.80 per $1,000 revenue (floor $300) |
| Workers' comp base rate | $0.70 per $100 payroll |
| Office / professional factor | 1.0 |
| Retail / hospitality factor | 1.6 |
| Trades / contracting factor | 2.2 |
| Construction (high risk) factor | 2.8 |
| Health / personal care factor | 1.3 |
| Tech / consulting factor | 1.4 |
How the total is calculated
General liability and the property add-on both scale off annual revenue, multiplied by the industry factor for GL and left flat for property. Workers' comp scales off payroll instead, also multiplied by the industry factor. The calculator adds the three results together for the headline number.
Things to know
- This total assumes no other coverage, like commercial auto or cyber liability, is already priced in elsewhere.
- A broker's bundled quote can land below this sum because carriers sometimes discount when you buy multiple lines at once.
- Claims history affects all three policies together, so one bad year can move your renewal more than any single input here.
Price each policy on its own
This total combines three separate estimates. Break out GL, property, or workers' comp individually if you want a tighter number for just one policy.