Free calculator
Business Insurance Calculator
Get a ballpark annual premium for a small business insurance program — general liability, commercial property, workers' compensation, professional liability and cyber — from a handful of inputs.
How the business insurance calculator works
Commercial lines are rated on exposure bases — revenue, payroll and property values — multiplied by a rate that reflects your industry's claim history.
| Coverage | Rated on | Protects against |
|---|---|---|
| General liability | Revenue × class rate | Third-party bodily injury and property damage, advertising injury |
| Commercial property | Property value × rate | Damage to your building, inventory and equipment |
| Workers' compensation | Payroll per $100 × class rate | Employee injuries: medical bills and lost wages |
| Professional liability | Revenue × rate | Claims of negligent professional advice or services |
| Cyber liability | Flat + per-employee | Data breach response, notification, extortion, restoration |
Bundling general liability and property into a Business Owner's Policy applies a discount, which this calculator reflects when both are selected.
How to optimize what you pay
- Get your class code right. A mis-classified business can overpay by 30% or more; ask the broker to confirm the NAICS and workers' comp class.
- Bundle into a BOP instead of buying monoline GL and property.
- Raise deductibles on property and manage small claims yourself to protect your loss run.
- Document safety programs — written procedures, training logs and a claims-free history lower workers' comp experience modifiers.
- Review limits annually as revenue grows; underinsuring to save premium can void a claim.
Business insurance calculator FAQ
Is a BOP enough for my business?
A BOP covers liability and property. Most businesses also need workers' comp, commercial auto if vehicles are used, and possibly professional or cyber liability depending on the work.
Why is my industry "high risk"?
Trades, manufacturing and fitness see more frequent and severe injury claims, so general liability and workers' comp rates are higher. Professional services are lowest.
Does revenue really drive the price?
For general and professional liability, yes — more revenue means more customers, contracts and exposure, so premiums scale with it.
Do you store my business details?
No. Everything is calculated locally in your browser and nothing is sent anywhere.