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Discussion in 'Landscape Architecture and Design' started by RhettMan, May 12, 2008.
I found a strip mall i would like to place a bid on (is 500k enough) insurance?
Insurance is a tricky thing. Usually you would want to contact the property and see if they have any requirements.
All the commercial business we do usually requires at least 1 million aggregate for liability insurance/workman's comp claims.
It is really up to you, I would think 500k is enough, but some companies require more for people contracting for them.
The Yard Butler
i agree check with them, and see if they have a requirement, something like that, i would think, they would want at least 1 million for coverage. My father sells insurance, and had me get 2 million for general liability with a million dollar umbialla, better safe than sorry