Things to consider: Prior accidents or claims for all 3 of you, what city in CA, how many miles per/yr would the vehicle be driven, how far from the registered business address would it go, is your business sitting on a fault-line, ect. Break out a phone book and start calling around. There are more than enough companies that will offer a free quote over the phone to get your business. When I got my own first auto policy, I literally called about 20 companies to compare. The differences in quotes between minimum and maximum were over 40% variation. It's best to shop around. Good luck in your venture.

For the sake of comparison, if everyone is in fairly good health and not working in a physically dangerous job, in Virginia a plan with a $500 deductible (and $25 copayments for doctor office visits from day one) would run approximately $3000/month. If anyone in the group is seriously overweight, or has any significant health issues, it could easily go to $4500 (or more, depending on how many people have issues.)

Honestly, you'd really need to speak with an agent who can help you determine what's called the CMF (a rating factor they use based on the health and claims experience of the members of the group) and figure out which plans might be a good match.

If you're looking in Virginia or West Virginia, I can help you. You can contact me directly via email, if you like.

A bar would have much higher insurance costs than a carpet cleaning service because of the potential liability of the effects of alcohol on the patrons. However, a carpet cleaning business will have to pay for worker's compensation, whereas those costs would be dramatically lower in a business run out of an office.

It's also going to depend on the state that you live in, as all states have different requirements. Your company size and overall revenue will contribute as well. Also, are we including health insurance provided to employees? That's a big one if you are.

All in all, I would expect insurance costs for a small business to be no less than 5% of total expenditures, but that number is barely a ballpark estimate considering how many factors are in play.

Sorry, too vague! You'll have to get a "real" quote from an agent, and probably fill out some product liability applications.

And you can't get monthly payments on insurance, for a new venture – you'll have to either pay in full for the year, or finance the premium through a premium finance company.

In other words, your question is too vague to answer.

It entirely depends on exactly waht the business does – if you're doing roofing, and you have 8 employees, this could easily run you $30,000 a year, without benefits.

You didn't give anywhere NEAR enough information for even a guess.

There's no such thing as "basic", and "small" is extremely subjective.
Some small businesses pay over $100,000 a year for their insurances.

cool