Was just curious what it would run. Of course I know it can vary
significantly, very significantly, depending on where you are. For
instance, I moved from one state to another and my car insurance was 1/3rd.
Of course in the expensive state every other commercial on TV was for a law
firm that wanted to get you "just compensation" for straining your eyes to
read a menu.
Curious Al in the northeast...
It will depend on what you do. your Liability Exposure is the key word You
will need to determine
if you just paint plaster or dig around power and telephone lines or do
Mine wasn't to bad 5 years ago. I closed my business after taking flying
lessons off a ladder and a follow-up hip replacement I would suggest
incorporate or go LLC
In the Fort Worth area, mine runs about $1,200 a year for $2M of coverage.
My agent went with Lloyds of London, because I need coverage for
maintenance, light construction, remodeling, landscaping, cabinetry, and
flooring. I have the equivalent of three or four business policies rolled
into one. No other company would consider me.
Thanks for the replies. Was really more just a curiosity. No idea if it
would be 1k/mo or 1k/yr.
As mentioned, depending on what you do, it could be 1k a month with
enough risk I suppose. Think more along the lines of you spill paint on
someone's carpet, plumbing leaks and floods someone's place (whether you
touched it or not), electrical fire days after you're there and you get
blamed whether you touched it or not, hammer falls off ladder and kills
f*ing ugly little yapping dog, kid drills hole in brothers head with your
I> Thanks for the replies. Was really more just a curiosity. No idea
Sure location has some to do with it, but would expect level of
coverage and type of business bigger factor. My professional
liability $2M coverage for $600/yr for design/support, no
construction, no union labor oversight. That was last carried three
years ago at which point I retired from consulting.
I am sure it varies by area.
I pay about $400 for a 600K liability only policy with a $500 deductible.
That is for one person, no employees. That is also for non-hazardous
trades. I install window treatments, curtains, blinds, shades and interior
Amazing enough the price has only doubled in the 20 years I have been doing
this. If only health insurance has remained such a bargain. :-)
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