Business Insurance Calculators & Tools

At minimum, most small businesses need General Liability insurance to protect against third-party injury and property damage claims. If you have employees, Workers Compensation is required by law in most states. Service-based businesses also need Professional Liability (E&O). Use our Startup Insurance Calculator for a personalized checklist.

A BOP bundles General Liability and Commercial Property insurance into a single policy, typically at a 15–25% discount vs buying separately. It's designed for small to medium businesses. Our BOP Calculator shows you exactly how much you save compared to purchasing each policy individually.

Yes — 43% of cyberattacks target small businesses. The average cost of a data breach for a small business exceeds $200,000. If you store any customer data (names, emails, payment info), cyber insurance is strongly recommended. Our Cyber Insurance Calculator estimates costs based on your industry and data volume.

Workers comp premiums are calculated by multiplying your total payroll by the rate per $100 of payroll for your industry classification code. High-risk industries like roofing pay significantly more than low-risk office work. State multipliers also apply. Use our Workers Comp Calculator for a quick estimate.

General Liability covers bodily injury and property damage to third parties. Professional Liability (E&O) covers claims arising from professional mistakes, errors, or failure to deliver promised services. Most service businesses need both. Use our respective calculators to estimate costs for each type.