The cost of coverage varies depending on the type of policy, your deductible, and the coverage limits you desire. If you’re looking for a way to reduce your policy costs, your best bet is to choose a higher deductible or to bundle your policies. Many insurers offer discounts for those who have multiple policies with them. Some also offer autopay discounts.
Shopping around is important when taking out any insurance policy — business or otherwise, so make sure you compare premiums from several insurance companies before deciding who to go with.