answersLogoWhite

0


Best Answer

It all depends on what type of business your in as well as your claims history and other factors such as your experience and risk exposure.

If your a Dynamite Manufacturer needing a CGL policy it could cost you 500,000 Dollars. If your a Pastry Shop operator it might be as low as 3,000 dollars

AnswerIf you are asking about a general liability policy the cost is based on the type of business. This cost can be thousands of dollars different from one business type to another.
User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the cost of 5 million dollar commercial liability insurance policy?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the average premium for a million dollar liability insurance policy?

several hundred dollars


Can you get lower than a million dollar insurance liability?

don't have any wrecks see if that helps u


How much does one million dollar liability insurance cost for a pest control company?

1 billion dollars


How much liability coverage for small gym?

Generally, a standard one million dollar liability policy is what most have.


How do you carry a million dollar limit on your commercial vehicles?

You need to purchase a commercial auto insurance policy with a million dollar limits for bodily injury and property damage. A $1,000,000 limit is standard for commercial auto and shouldn't be too costly. Your insurance broker can help you get this policy. If you need additional coverage above the limits offered by your auto insurer you can obtain an umbrella policy that will extend the limits of all underlying coverage.


Average cost of product liability insurance?

$0.99 I bought some at The Dollar Store


What is the cost of one million dollar construction insurance policy?

A one million dollar general liability policy should be about $700.00 - $800.00 annualy if it's written correctly. If you are asking about a Personal Liability Umbrella, the cost may be closer to $200 annual depending on what state you live in and what you want covered under the umbrella, and if your cars it also takes into consideration the driving histories.


If somebody has a 100K dollar net worth how much liability insurance do they need?

Amount of liability insuranceYou should get enough general liability insurance to cover your net worth or your perceived potential liabilities. If you're involved in high-risk activities, you might consider even more insurance.


What is the average cost of insurance for a million dollar property?

$750/month


Where could you get a million dollar per event public liability insurance policy for a jet-powered vehicle appearing at airshows?

Contact an agent in your area, they will be able to help with this, if they do not sell this type of coverage the will be able to direct you to an agent that does.


On average how much does a one million dollar liability two million aggregate insurance policy cost?

That would depend on what type of business you are referring to and the exposures of that business endeavor. It could cost you 500 dollars or 50,000 dollars. There is just insufficient information here to provide an answer.


How much money does flo on the progressive commercial make?

Total income surpasses the million dollar mark.