General Liability Insurance Premium Calculator
Reviewed by Hamza Gujjar, Algorithm Architect & Software Developer
Last updated: July 27, 2026General Liability Insurance Premium Calculator
Business general liability premiums are commonly rated against revenue as an exposure basis - this calculator applies an industry-specific rate to estimate your annual premium.
Estimated Premium = (Annual Revenue / 1000) x Industry Rate Per $1,000 of Revenue
Example
$500,000 annual revenue at a rate of $3 per $1,000:
Estimated Premium = (500,000/1000) x 3 = $1,500/year
Why Revenue Is the Common Rating Basis
Revenue generally correlates with overall business activity level and therefore liability exposure - more transactions, more customer interactions, and more work performed all tend to scale liability risk alongside revenue growth, making it a practical (if imperfect) proxy for underwriting purposes.
Rates Vary Dramatically by Industry
A low-risk, office-based consulting business carries far less liability exposure per dollar of revenue than a construction contractor working on physical job sites, or a retail business regularly hosting walk-in customers on its premises - industry classification is one of the single biggest factors driving the per-$1,000 rate used in this calculation.