I Need To Get Business Insurance For My Cleaning Company, How Much Should I Get And What Will It Cost Monthly?
January 17th, 2010 - ByPosted in Business Insurance
I am self employed and just started a small cleaning service for business and residential. I am the only employee and I want to be insured. How much insurance should I get to start off with and how much should I expect to pay monthly for it?
One Response to “I Need To Get Business Insurance For My Cleaning Company, How Much Should I Get And What Will It Cost Monthly?”
January 17th, 2010 at 4:39 pm
Since you just started the business the insurance will be a bit higher for the first 3 years now there is a way around that if you have more than 3 years experience in the field, also depends on your income and if you’d like to insure your business property or just your liability, now to start with I would suggest, $1mil per occurrence and $2mil total, (aggregated) what this means is you have $1mil in General Liability per occurrence and $2mil per year or life of the policy depending on the company you use, also because of the nature of the business you are considered to be an artisan contractor because you work for yourself providing a service at your clients property, this makes it a bit more expensive, it can run you without employees anywhere from $700 to $1000 a year depending on where you are located. if your in california I can help
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