General Liability Coverage Limit Calculator

Estimate the recommended general liability coverage limit for your business based on revenue, assets, industry risk, and business size.

Annual Business Revenue ($)

Total Business Assets ($)

Number of Employees

Industry Risk Level

Do contracts require a minimum coverage limit?

Does your business interact with the public regularly?

Step 1 – Base Exposure:

Base Exposure = (Annual Revenue × 0.01) + (Total Assets × 0.05) + (Employees × $2,000)

Step 2 – Risk-Adjusted Exposure:

Risk-Adjusted Exposure = Base Exposure × Industry Risk Multiplier × Public Interaction Multiplier

Step 3 – Recommended Per-Occurrence Limit:

Raw Limit = max(Risk-Adjusted Exposure, Contract Minimum, $1,000,000)

Rounded up to the nearest standard tier: $1M, $2M, $3M, $5M, or $10M.

Step 4 – Aggregate Limit:

Aggregate Limit = min(Per-Occurrence Limit × 2, $10,000,000)

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