Does anyone know a ruff estimate on how much common liability insurance on a small consignment shop?
How much down and per month?
Answers:
You can do better than a rough estimate. Most insurance agencies should be happy to give you a free quote if your business is up and running. You might hold to look around more to find an agent willing to answer your question if you are one and only thinking about getting into business.
A million dollers..........lol, no thank god.
Call a couple insurers and see what they offer. Its critical to be aware of what you ARE and ARN'T covered againt because as a general rule with business insurance the more "insured events" (eg fire, larceny, fraud, malicious damage) you choose to cover youself against the high the premium.
Also you stipulation to take into account the nouns your looking at setting up in (eg crime, population, etc), the type of business (ie high or low risk contained by regard to claims) and generally your insurance history (ie amount of previous claims).
Chances are though, beside Gen Liability your only covering yourself against someone hurting themself on your property or the area your responsible for - this is commonly low risk and carries a low premium
Hope this helps
Related Questions:
Answers:
You can do better than a rough estimate. Most insurance agencies should be happy to give you a free quote if your business is up and running. You might hold to look around more to find an agent willing to answer your question if you are one and only thinking about getting into business.
A million dollers..........lol, no thank god.
Call a couple insurers and see what they offer. Its critical to be aware of what you ARE and ARN'T covered againt because as a general rule with business insurance the more "insured events" (eg fire, larceny, fraud, malicious damage) you choose to cover youself against the high the premium.
Also you stipulation to take into account the nouns your looking at setting up in (eg crime, population, etc), the type of business (ie high or low risk contained by regard to claims) and generally your insurance history (ie amount of previous claims).
Chances are though, beside Gen Liability your only covering yourself against someone hurting themself on your property or the area your responsible for - this is commonly low risk and carries a low premium
Hope this helps
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