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Old 02-20-2001, 10:02 AM
GrassMaster GrassMaster is offline
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Join Date: Dec 1999
Location: Columbus, JawJa of the great U.S.A.
Posts: 447
Insurance?

Hello Everybody:

Make sure this is Commercial Business Insurance that not only covers the vehicles, but all the other goodies that add on to the Bill.

Need at lest $500K, with a Million Umbrella. Make sure it covers you for the type work you do & covers Completed operations.

Figure this you only got a Tiny $100K liability, you get in wreck, it's your fault & a $35,000 car gets wasted & the passenger doesn't get hurt but as he gets out of Vehicle & walks to the top of ditch, he has Massive Heart Attach.

He then spends 31 days in the Hospital, during this time he has to have a Pacemaker. Then when he gets out of Hospital he has to have Daily Therapy, Mon. thru Friday for 9 months. Now think how far that Nickel & Dime $100K goes on a deal like that? LOL, not enough to buy the Onions? Now think if there were 3 more people in car & they got hurt.

Well I don't even have a Company Vehicle, but I own a business & I'm percieved as being rich. Now here in JawJa if I had that Big Target Alert (Inc.) after my business name & I only had a tiny $100K of insurance & nothing else. Well I would not be in my Nice Paid for Home banging on this Keyboard would I? Don't think here in JawJa the Inc. does much for you, it doesn't protect you from law suits. They just Keep suing you till they get what they want.

Now I'm only a person in business with no company vehicles. Well I have the 18 year old Daughter from Hades. When I told the insurance company that I wanted the extra $500K liability, they said I didn't really need it. Well the difference between the $100K & $500K for 4 Vehicles & I had to up it on my Home owners insurance too! Was how much extra? A big old $67.50 a year or every 6 months, LOL I can't remember the length of time but I remember the amount. Less than 45 days later, my daughter had the wreck that I described above? Call me Paranoid, I call myself a person that still owns everything that I had before the wreck? There was only the guy in the car, but all that did happen to me & him both, not 3 more. I just used three more because there very easily could have been 3 more. Get the Picture!

The first $100K is what cost so much & the rest added on after that is very reasonable. I think when I added on my Million Umbrella it cost like $400 more a year & it's worth far more than that for piece of mind. This is when I had my Lawn Service Business.

Some Insurance companies will list your job catagory wrong & it cost a lot more. I was listed under Lawn Maintenance & the Workers Comp was Park Noc 9102 or something close to that.

If you get listed as Landscaper only it's a lot more money. It seems that being listed as Lawn Maintenance or Lawn Service it's fairly Cheaper & it covers a Broad range of services. It coverd us for Completed operations, doing underground work up to 3 feet I think, we even added on pressure washing to it later & it didn't go up either?

If you do not have much you don't need insurance?

Some Insurance companies will on perpously list you wrong to get you a better price, making you think that they got the best deal? Well they are obligated to cover you if Shinola happens & it always does soooner or Laater. But only that one time & then they Cancel your insurance. Then this is where the Tear Jerker begins, try to get a good price on Insurance after a Compay has Canceled you, even if it was their fault they listed you wrong you wind up paying for their mistakes. They always cover them selves & you always suffer in the long run.

Just my thoughts, but some of the quotes I hear on this post sound to Cheap to be Commercial Business Coverage? I would make sure that they understand what all you are doing. Pay a little extra now & save $1,000's in the long run maybe even your home? I don't care if they say not to worry about it & they do have you covered, if you not covered right & it happens they will Cancel you & then try to get decent coverage$$$$$
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