General Liability Premium Calculator

Industry Risk Level sets the per-$1,000-of-revenue rate directly, and that rate spans more than a 7x range across the four tiers -- $2.50 for low-risk office or consulting work up to $18 for hazardous operations. It also determines which of two payroll rates applies (a higher rate kicks in at the "High" risk tier and above), so an inaccurate industry classification moves the estimate more than almost any other single input in this calculator.

The deductible discount in this calculator is a step function with two thresholds, not a smooth curve -- no discount applies below $2,500, a discount applies at $2,500 and up, and a larger discount applies at $5,000 and up. Moving from $1,000 to $2,000 stays entirely within the "no discount" tier, so the premium doesn't move at all; crossing $2,500 is what actually triggers a change.

This calculator applies experience discounts in four tiers: no discount under 3 years, a 4% discount at 3+ years, an 8% discount at 5+ years, and a 15% discount at 10+ years in business. The discount reflects that an established business with a track record is viewed as a more predictable, lower-risk insured than a brand-new one with no claims history to evaluate.

No -- the coverage limit factor in this calculator moves in three discrete steps rather than scaling continuously with the limit amount: a 0.85x factor below $1 million, a 1.0x baseline at $1-2 million, and a 1.3x factor at $2 million and above. Doubling your limit from $500,000 to $1,000,000 crosses one of those thresholds and raises the premium; doubling it again from $1,000,000 to $2,000,000 crosses the second threshold at exactly $2 million and raises it again -- but anything strictly between $1 million and $2 million sits flat at the 1.0x baseline with no further increase.