Does anyone know a ruff estimate on how much general liability insurance on a small consignment shop?

Question

How much down and per month?

Answer 1

A million dollers..........lol, no thank god.

Call a couple insurers and see what they offer. Its important to be aware of what you ARE and ARN'T covered againt because as a general rule with business insurance the more "insured events" (eg fire, theft, fraud, malicious damage) you choose to cover youself against the high the premium.

Also you need to take into account the area your looking at setting up in (eg crime, population, etc), the type of business (ie high or low risk in regard to claims) and generally your insurance history (ie amount of previous claims).

Chances are though, with Gen Liability your only covering yourself against someone hurting themself on your property or the area your responsible for - this is generally low risk and carries a low premium

Hope this helps

Answer 2

You can do better than a rough estimate.  Most insurance agencies should be happy to give you a free quote if your business is up and running.  You might have to look around more to find an agent willing to answer your question if you are only thinking about getting into business.