A hematocrit is a test that measures the proportion of a person's blood that is made up of red blood cells (RBCs). Blood consists of RBCs, white blood cells (WBCs), and platelets suspended in a fluid portion called plasma.
The sample we analyzed included 15,000 businesses with 10 or fewer employees. Here's the big-picture overview: the average annual cost for small business General Liability Insurance, regardless of policy limits, was just $575.16 (less than $50 per month), with a median price of $425.Most small businesses owners (almost 60 percent) paid between $400 and $600.nother 23.5 percent pay between $200 and $400, meaning that 80 percent of our customers pay $600 or less per year for coverage. The average cost of a $1M / $2M GL policy is just $576.08 per year, and the median is $425. See the chart below for a full breakdown of the cost of $1M / $2M GL coverage.
Average business insurance costs for E & O coverage for small firms is typically in the range of $1,000 to $3,000 annually per million dollars of coverage.