Comments on: How much does small business insurance cost on average yearly ? http://insurancein.us/2009/12/24/how-much-does-small-business-insurance-cost-on-average-yearly/ Insurance In US Mon, 10 May 2010 05:38:18 +0000 http://wordpress.org/?v=2.9 hourly 1 By: my02ser http://insurancein.us/2009/12/24/how-much-does-small-business-insurance-cost-on-average-yearly/comment-page-1/#comment-4321 my02ser Thu, 24 Dec 2009 04:45:01 +0000 http://insurancein.us/2009/12/24/how-much-does-small-business-insurance-cost-on-average-yearly/#comment-4321 Depends on the state and location of the business. In California a small business policy can vary depending on the business use. I'd guess that the policy would be roughly $2200 for coverage of the business property and a million dollars liability. Depends on the state and location of the business. In California a small business policy can vary depending on the business use. I’d guess that the policy would be roughly $2200 for coverage of the business property and a million dollars liability.

]]> By: Mike http://insurancein.us/2009/12/24/how-much-does-small-business-insurance-cost-on-average-yearly/comment-page-1/#comment-4320 Mike Thu, 24 Dec 2009 03:48:14 +0000 http://insurancein.us/2009/12/24/how-much-does-small-business-insurance-cost-on-average-yearly/#comment-4320 Generally when a small business provides health insurance for employees, it is usually not similar to the way large companies provide health insurance. Large companies usually have a group policy and the insurance company calculate a cost based on the over all health costs for the large group of employees. The employees may then pay of percentage of that cost. In a small company, the group is too small and one employee could possibly case the group cost to skyrocket. Therefore usually the company may subsidize the cost of the health insurance of each employee by maybe a couple hundred dollars per month. There may or may not be a group plan since the cost of health insurance for one of the employees may be high that the employee may be uninsurable. So therefore my best guess is that if a small company does provide a health insurance subsidy it would probably cost the company between $100-$300 per employee per month but could be any figure that the employer decided to subsidize. Generally when a small business provides health insurance for employees, it is usually not similar to the way large companies provide health insurance. Large companies usually have a group policy and the insurance company calculate a cost based on the over all health costs for the large group of employees. The employees may then pay of percentage of that cost.

In a small company, the group is too small and one employee could possibly case the group cost to skyrocket. Therefore usually the company may subsidize the cost of the health insurance of each employee by maybe a couple hundred dollars per month. There may or may not be a group plan since the cost of health insurance for one of the employees may be high that the employee may be uninsurable.

So therefore my best guess is that if a small company does provide a health insurance subsidy it would probably cost the company between $100-$300 per employee per month but could be any figure that the employer decided to subsidize.

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