I have been calling around the past couple weeks on quotes for $500,000 general liability and an inland marine policy for about 20K worth of equipment. The quotes for the equipment were what I think is fair at around $400 yr. The liability insurance is around $1000-1200 a year for my 1.5 man lawn business. I've been reading on here and noticed most people are paying around $400 for a 500K policy. Why would there be such a price difference?? Does location matter??