Liability insurance for a small business typically costs around $42 per month, or about $500 annually, for general liability insurance, which is the most common and essential type of liability coverage for small businesses

. Costs can vary based on factors such as the industry, location, business size, revenue, claims history, and coverage limits. For example, businesses with higher risk (like retail shops or restaurants) may pay more, sometimes up to $100 per month or more

. A business owner's policy (BOP), which bundles general liability with property insurance, averages about $57 per month ($684 annually), offering broader protection at a slightly higher cost

. Public liability insurance, a similar coverage often required in many industries, averages about $63.53 per month for small businesses

. In summary:

• General liability insurance: ~$42/month ($500/year)
• Business owner's policy (BOP): ~$57/month ($684/year)
• Public liability insurance: ~$63.53/month

These costs represent median premiums and can fluctuate depending on business specifics and coverage choices