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Wanda Said:

What is the cost of general liability insurance for a small business?

We Answered:

I know my buddy pays around $100/mo for $1,000,000 insurance policy. He owns a garage door company in it's startup phase with no employees.

I believe it can vary by a lot with deductibles and such. I would suggest using a price comparison site that gets you multiple quotes like http://www.usinsuranceonline.com/ they have a pull down option for "business insurance" on that main page to get quotes from different providers.

Stephanie Said:

If you rent a flat, do you need liability/business insurance?

We Answered:

Your tenant's insurance should have liability included with it. If you run a business, remember that personal liability doesn't cover your business interest (and the reverse).

The big thing to keep in mind, your landlord's policy does NOT protect you, the tenant. You have to have your OWN insurance.