Typical Cost Per Employee:
$300 – $1,000 annually
Depends On:
- Industry risk
- Payroll
- Claims history
- Coverage structure
Includes:
- General Liability
- Workers Comp
- Possibly Auto
Example:
10 employees = $3,000 – $10,000 total
Common Mistakes:
- Underreporting payroll
- Incorrect classifications
- No annual review
For a business insurance review, contact Prosperity North Advisors.