Direct answer
It depends on your specific business location, annual revenue, and the amount of equipment you need to insure, but it generally combines liability and property coverage into a single premium.
General actuarial pricing models used by commercial property and casualty insurance carriers. For additional information about the regulatory standards governing commercial insurance, see the National Association of Insurance Commissioners‘ overview of property and casualty pricing.
What this means for you
It depends on your specific business location, annual revenue, and the amount of equipment you need to insure, but it generally combines liability and property coverage into a single premium.
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This page is informational and not a coverage guarantee or quote.