Increasing my company's liability insurance coverage?

Question

Is is going to cost me a lot more to increase my current liability coverage (750k) to 1 mil?

Answer 1

Almost nothing.   Go for it.

Answer 2

It shouldn't.  Most insurance losses end up setlling under the 100k range, so the first 100k of coverage is the most expensive.  the 750-1 Mil layer is seldom reached and therefore cheaper.  It could increase your premium by 5-10%.

Answer 3

It should not cost much to increase your liability coverage by only $250K.  You may want to try out a new site I found www.QuoteItNow.com where you can log on and get a real time quote for liability and you can purchase with your credit card 24/7.