Insurance Company Start Up Cost. The cost of business insurance for startups is dependent on your location, claim history, size, number of employees, funding, industry, and what is included in the policy. It is ranked among the fortune 100 companies and has one of the most recognized marketing slogans in the world “ you.
Of that, they owe $2,875 in accounts payable. Establishing a legal business entity such as an llc or corporation protects you from being held personally liable if your insurance agency is sued. Start your business in 10 steps.