Tara Mier for CheapInsurance.com

Breaking the bank: Why small business insurance costs keep climbing in 2025

In 2025, insurance is a major expense for small business owners. Premiums are climbing with no sign of easing up.

Sharp increases in climate events , cyber threats, and general costs all play a role. It's no longer just about covering a storefront or work van because risks are changing fast, and so is the price of protection.

For the majority of business owners, insurance has shifted from a safeguard to a financial burden. What’s driving these higher prices? And what steps can business owners take?

CheapInsurance.com reviewed data, expert insights, and trends to explore why this coverage is getting pricier, and how small businesses can manage rising costs.

Higher premiums:

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