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Minimum Premium

💼 Business

The least an insurer will charge to issue a policy, no matter how small the risk. Below it, the math just doesn’t work for them.

This is a friendly general explanation, not legal or policy language. Exact coverage depends on your policy, carrier, and state. 🤝

Written and reviewed by the We Insure Things team — licensed independent insurance agents. Last reviewed July 23, 2026. Questions? Ask a licensed agent.

General Liability (GL) Products Liability Completed Operations Business Owner's Policy (BOP) Commercial Property Business Interruption (Business Income) Workers' Compensation Experience Modifier (EMR / Mod)

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