The cost of business insurance in Michigan depends on your industry, number of employees, and the type of coverage you choose. Many small businesses start with general liability insurance around $20 per month, with typical annual costs ranging between $300 and $2,000 depending on risk and coverage limits. Businesses that add property coverage, workers’ compensation, or professional liability insurance may pay more based on payroll, revenue, and operations.
How much does business insurance in Michigan cost?
