general liability and workmans comp - Page 2

I couldn't get anyone to hire me if I didn't have WC and GL that's how important it is to me. I hope I have to pay my insurance and workers comp 10,000.00 a piece this year that would also mean we did about 750,000 in sales which would smash my record for income in a year. I got my fingers crossed.

Originally Posted by erewen

Thanks for bringing up the topic George. I got a call from my county on Monday asking if I would be interested in the escrap they collect. Got to pick up the paperwork next week and this may be an issue that arises.

Erewen, just went through this with my city and county. Mine required general Liability and workmans comp if anyone was going to help. I did it on my own so no workmans comp, but had to get $500,000 of general liability. It cost me $536 per year. Took 1 month to get everything set up.

Yes, that was my cost. I signed the papers two days ago. I will be paying the $536 every year. I was shocked at the price thinking it would be $2-$3 thousand per year. I rent a building so it included theft from the building up to $100,000. (no heat or water). It was $500,000 of general liability. The city and county wanted this in case something fell off a truck or trailer and someone sued the city or county as a result.
That is a whole other topic as I thought auto insurance would cover that. Anyways it was cheap enough and the city and county are happy with it. I went to an independent insurance agent that could purchase from 6-7 different companies. The highest quote was around $2,000 and the lowest was the $536.

What's that car commercial where they talk about being up a pole with cut rate car insurance. Just read the fine print does it clearly have you listed as a scrap dealer or another category johnhuppy.