Sole proprietor business insurance costs an average of $1,384 per year, based on data collected from quoted premiums from leading business insurance marketplace Insureon. However, how much you’ll pay for your business insurance depends on several factors, including:
Your industry
The type of sole proprietor insurance
The amount of coverage
Your past claims history
The insurance company
We’ve researched how much sole proprietorship business insurance costs across the most popular options to give you an idea of how much you would pay.