Coverage Estimator

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Tool3 min · Jan 2026

Coverage
Estimator

Answer five quick questions and get a ballpark idea of the right coverage limits for your business — general liability, property, workers comp, and more.

Not sure how much coverage your business actually needs? You're not alone. This estimator gives you a quick, ballpark idea of the right coverage limits based on your business size, revenue, and risk level. It's not a quote — but it's a smart starting point.

Estimating General Liability limits
Determining Property coverage (TIV)
Identifying potential coverage gaps
Avoiding being underinsured or overpaying

The Estimator

01 What type of business do you operate?

02 What is your annual revenue?

03 How many employees do you have?

04 What is the estimated value of your equipment / property?

05 Do you use vehicles for business?

Quick Reference Guide

General benchmarks used in this estimator — based on industry standards and common carrier guidelines.

General Liability Estimate Guide

Small / low-risk businesses$1M / $2M limits
Mid-size operations$1M–$2M / $2M–$4M
High-risk (contractors, trucking, mining)$2M–$5M+ with umbrella

Property Coverage (TIV) Includes

Buildings
Equipment
Tools
Inventory

Underinsuring property is one of the most common and costly mistakes. Your property coverage should equal the full replacement value — not the market value or what you paid for it.

Want Exact Numbers?

This tool gives you a starting point. For a customized quote built specifically for your business and industry, contact Summit Appalachia Insurance — we work with 50+ direct carriers and 120+ broker relationships to find the right fit.