I understand insurance rates vary significantly…but I am trying to ballpark G/L insurance rates for a 500K – 1Mill policy. Any info would be appreciated.
Moving Labor Firm (i.e Moving Staffers)
Cost of General Liability Insurance?
Mon, Nov 23, 2009
3 Responses to “Cost of General Liability Insurance?”
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November 23rd, 2009 at 2:48 am
Many brokers will write a minimum of 1 million GL. Most of the policies that I’m familar with are from Pennsylvania and a ball park would be $550 a year. If you add a tool floater or building coverage the premium will increase.
November 23rd, 2009 at 2:50 am
depends on the state and area but if your claim free anywhere from 400-1000 bucks. Make sure you have volinteraty property damage.
November 23rd, 2009 at 3:46 am
You need to find an insurance broker, who will require various data about your company including sales, prior claims, particular operations performed, etc.