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  #21  
Old 02-02-2002, 05:09 PM
tranum tranum is offline
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Join Date: Oct 2000
Location: south alabama
Posts: 86
1 mil in general liability costs about $350.00 with alfa. no complaints on that but my equip coverage (fire, theft, etc.)is $3.00 per hundred dollars (does not include vehicles). that sounds kinda high to me. premium is due the 12th of this month. i'm thinking i need to shop a little.

also, some of you that have your applicators license, what kind ($) of coverage do you carry, and what does it cost? is it seperate or included on your liability policy? i need help on this one quick!!!!
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  #22  
Old 02-02-2002, 11:06 PM
lamblawnscaping lamblawnscaping is offline
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Join Date: Apr 2001
Location: Northern VA
Posts: 165
in va general liability is ok for applicators, no special endorsement, however it won't cover pollution claims, i.e. someone being poisoned
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  #23  
Old 02-04-2002, 02:05 PM
landman landman is offline
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Join Date: Jan 2002
Location: NJ
Posts: 110
Just a quick thought. My insurance agent just advised me that the government just allowed insurance companies across the country to raise prices across the board about 15% due to the 9-11 incident. He is going to look into this and let me know if this a definate thing.
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  #24  
Old 02-04-2002, 05:29 PM
HBFOXJr HBFOXJr is offline
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Join Date: Jul 2001
Location: Southern New Jersey
Posts: 1,700
whiner

Hey guys, why do you think I put general liability ins in as a labor expense? IT's PAYROLL RELATED! It's a percentage of payroll. It's a direct add on.

Oh, you don't have a payroll because your solo, have brother partners or whatever? I have news for you guys. Even with no payroll they use "an assumed earnings minimum" (not an official term) to rate your policy. Here in NJ I think they use about $32K. So if a solo pays $300 +/- for a mil and 2 or 3 "partners" pay a grand it all adds up. It's all about exposure to risk. The more people working in the fioeld the more risk for the insurer.

Ain't no free rides, guys.
__________________
Harold

Last edited by HBFOXJr; 02-04-2002 at 05:34 PM.
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