Liability insurance??

Joined
Mar 29, 2009
Messages
57
What type of liability insurance is needed for restoration work (fire, smoke and water damage)?? What kind of premiums can I expect??
 

Newman

Member
Joined
Aug 1, 2008
Messages
1,064
Location
St. Charles, IL USA
Name
Chris Newman
Yes Ben, I came away from the ASD class with the same question.

It will be nice to tell my insurance guy what I need quoted, not ask him.
 

Desk Jockey

Member
Joined
Oct 9, 2006
Messages
64,833
Location
A planet far far away
Name
Rico Suave
We have 2-Million General Liability I think if separated out of the package it's around $400.00 a month. Yearly I pay around $52,000.00 for Liability and coverage for the buildings and vehicles.

We also have Pollution Insurance and it fluctuates with the sales, I think we paid around $5,000.00 for it this year, but it's been as high as $15,000.00 when we were doing a lot of mold work. Pollution Insurance wants paid in full, no payment each December. :(
 

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