Thankful For Your Family…. Business?
Landscaping businesses are often family endeavors. While this can combine the best of both worlds (personal and professional), it isn’t always smooth sailing. Click here to read more.
There is such a thing as being Insurane rich and cash poor. Most of my large commercial acct. only require $300,000 to $500,000. I carry a 1,000,000 liability policy. I would try to find a local agent and not get it over the phone or mail.
Not all companies are licensed to issue policies in all states. When I started out, I had a hard time finding anyone who would insure me. Most wanted a minimum of 3 years of business records relating to revenue and claim history.
I ended up going with National Grange Mutual. I have a 1 mil policy, 2 mil aggregate.
they will insure me for less but like you said the would like me to have a large amount.
Everytime im done talking to the insurance company i feel underinsured and like im getting nothing for my money. And i am always reassured that i do not have enough . And the "what if" always comes up like "what if a rock flies out and kills someone?" My problem is i would like to find a company that specializes in lco's and understands what we do.