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Financial Considerations and Pricing
While high-cap liability insurance offers extensive protection, it is essential to consider the financial implications. Premiums for these policies can vary significantly based on factors such as the nature of your business, the level of risk involved, and the amount of coverage required. On average, businesses might pay anywhere from $500 to $1,500 annually for every $1 million in coverage, but this can fluctuate based on specific circumstances1.