Wow what state are you in? I won’t say particulars but a 500k/gross sales per year llc. Comprehensive insurance that includes building, riot damage (new this year) , fire and flood, cars running into the frontage (also new this year), loss of digital records, and $1 million tort for both products and slip and falls is under $3k/yr.
Did you have bad credit? Or is the service you offered that prone to millions in litigation? You need a better insurance co. Not the first one you find. They saw you coming, sad to say. How long did you shop around for business insurance?
And an attorney. 2k to set up a disregarded entity llc, two weeks for the attorney and 10 minutes online for you to set up to collect sales and use. (True for most states). If your state made you do mountains of forms to form an entity and not online then you need to move too.
I think you’re telling a /pol story here to discourage people. Kids, the best tax shelter you’ll ever have is a home based business. Everybody needs a side hustle if you want to do more than earn a hourly. Start at your kitchen table.