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  #31  
Old 06-10-2012, 07:14 PM
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mjlcare2 mjlcare2 is offline
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Originally Posted by Landscape Poet View Post
I pay more than the $1200 for Travelers, but not by much and it includes equipment. Again your payroll will affect your outcome...solo ops are going to pay less than those with employees. I am not sure how the heck they are getting it for that price either though as I did not have that price when I was solo either, but again I had my equipment covered then too.
Yah exactly.. I think we pay something like $5k a year for insurance all around.. the more you make, the more they want to insure you! Workers comp is by far the most expensive. And since most Gen Liability plans don't go over 1mil/2mil limits if you need more then you have to buy another policy at full price too and just add em together.. not sure how that works out but I certainly don't want to ever find out who is gonna pay if I needed more than 2mil in coverage!.. Luckily the only "accidents" this year are a broken car window( thrown rock) , broken store front window(store employees left debris-they paid) , and 1 car accident, cop ran a stoplight, lights and sirens and caused a multiple car accident from slamming on the brakes. ( My foremen tapped the guy in front of him, 15k lbs don"t stop in 20 ft) can't blame him for that. But the insurance company will and make you pay your deductible even though they aren't found at fault.. go figure!
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  #32  
Old 06-10-2012, 07:26 PM
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Patriot Services Patriot Services is online now
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For a solo guy with no equipment coverage its 220 bones. I just set my nephew up with a policy.
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  #33  
Old 06-10-2012, 07:42 PM
Duekster Duekster is offline
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I must be getting ripped off here in Texas.
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  #34  
Old 06-10-2012, 09:34 PM
kickingrassllc kickingrassllc is offline
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Originally Posted by Patriot Services View Post
For a solo guy with no equipment coverage its 220 bones. I just set my nephew up with a policy.
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Who did you use?
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  #35  
Old 06-10-2012, 09:35 PM
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mjlcare2 mjlcare2 is offline
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Originally Posted by Patriot Services View Post
For a solo guy with no equipment coverage its 220 bones. I just set my nephew up with a policy.
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With what limits on payroll.. if your making 100k a year solo I can guarantee it won't be $220.. whats the first cut-off for payroll $15k?
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  #36  
Old 06-10-2012, 09:42 PM
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zturncutter zturncutter is online now
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I think it's $16,700.00 but I may be wrong.
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  #37  
Old 06-10-2012, 09:53 PM
Duekster Duekster is offline
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They toss on a 15K on top of my payroll to cover me.
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  #38  
Old 06-10-2012, 10:26 PM
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Originally Posted by mjlcare2 View Post
With what limits on payroll.. if your making 100k a year solo I can guarantee it won't be $220.. whats the first cut-off for payroll $15k?
Your not going to start from scratch as a solo and make much more your first year. That's payroll not gross receipts.
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  #39  
Old 06-11-2012, 08:04 AM
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Patriot Services Patriot Services is online now
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Its just a starter policy that you can option up as much you want at any time. The point is you have that safety cushion if you need it. Luckily I've gone 20+ years without having to file a claim. Insurance doesn't replace vigilance and good safety habits.
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  #40  
Old 06-11-2012, 08:18 AM
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jvanvliet jvanvliet is offline
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Originally Posted by Patriot Services View Post
Insurance doesn't replace vigilance and good safety habits.
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Dang!

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