How Much Is Insurance for an LLC? (2026 Cost Breakdown)
How much is insurance for an LLC? The total annual cost depends heavily on your industry, revenue, employee count, and coverage selections.
General Liability Cost by Industry
| LLC Industry | Monthly GL Cost | Risk Level |
|---|---|---|
| IT / Tech Consulting | $50/mo avg | Low–Medium |
| Cleaning / Janitorial | $42–$60/mo | Medium |
| Retail / E-commerce | $55–$80/mo | Medium |
| Construction / Contractors | $100–$200/mo | High |
| Home-Based Freelance LLC | $11–$30/mo | Low |
Key cost factors:
- Industry and risk level (construction pays 3x what consulting pays)
- Annual revenue (higher revenue = higher exposure = higher premium)
- Number of employees and total payroll
- Claims history
- Geographic location (urban markets cost more than rural)
- Coverage limits and deductible selections
A single member LLC in a low-risk industry such as freelance writing or online consulting can expect to pay under $400/year for solid general liability coverage. A multi-member construction LLC with five employees may pay $5,000+/year across all required policies.
Best Insurance for an LLC: 2026 Provider Comparison
Best insurance for an LLC depends on your specific business type and risk profile. Here are the top-rated providers based on 2026 analysis.