Several factors affect your commercial insurance premium:

Business Type: Higher-risk industries, like construction, have higher premiums.

Location: Urban areas and places with higher crime rates typically have higher premiums.

Coverage: More coverage and higher limits increase premiums.

Claims History: Frequent past claims lead to higher premiums.

Business Size and Revenue: Larger businesses with more revenue usually pay more.

Number of Employees: More employees can mean higher premiums.Deductibles: Higher deductibles lower premiums, and vice versa.

Safety Measures: Good safety and security practices can reduce premiums.

Compliance: Adherence to regulations can lower premiums.

Credit Score: Good credit can result in lower premiums.

Commercial general liability (CGL) insurance covers your business against claims of bodily injury, property damage, and personal or advertising injury caused by your business operations, products, or services. This includes legal fees, medical expenses, and settlements or judgments if your business is found liable.

The amount of CGL coverage you need depends on various factors, including the size and type of your business, the perceived risk associated with your industry, and contractual requirements. A typical CGL policy offers $1 million per occurrence and $2 million aggregate coverage, but higher limits may be necessary for businesses with greater risks. It's advisable to assess your specific needs with an insurance professional.