If you run a small business or start up, you may ask yourself how much public liability insurance coverage you need. This will largely be dependent on the nature and size of your business operation. Many small businesses have over $2 million in coverage which may seem high. However, if you find yourself in the unfortunate circumstance where there are several claims against you, the costs can prove staggering to the financial well-being of your business operation. That is, provided that you do not purchase an insurance policy from one of the many public liability companies in the marketplace. The good news is that regardless of the seemingly high amount of coverage that is suitable for your business, premiums are not usually very high. As public liability insurance is one of the most common policies purchased by businesses, you should have no difficulty finding competitive quotes.