http://www.gowholesale.com/forums/topic/21222 goWholesale Forums Topic: Commercial Liability Insurance? en-US Sun, 22 Nov 2009 06:22:01 +0000 bbpress 1.0-alpha-5 q http://www.gowholesale.com/forums/search.php http://www.gowholesale.com/forums/topic/21222#post-73518 Wed, 06 Jul 2005 07:06:02 +0000 pete 73518@http://www.gowholesale.com/forums/ Keep in mind that commercial insurance is very location specific. If you are including such things as fire insurance, the distance from a fire station plays a part. So do such things as any neighboring businesses / industries. Being next door to a refinery will affect your rates. So will sharing a wall with a pizza parlor or dry cleaner. <br /> <br />So, don't consider what others are paying. There is no specific fee for a specific inventory amount. In fact, your products will have a big bearing on your rates. Selling cosmetics, or something else that could result in claims of physical harm or discomfort will have a higher rate than if you are selling bricks. http://www.gowholesale.com/forums/topic/21222#post-73513 Wed, 06 Jul 2005 04:58:40 +0000 ms_gkygrl 73513@http://www.gowholesale.com/forums/ We have an agent who uses "The Hartford" for a good, hefty (for our purposes) policy that is catered towards our products and business type (new product introduction, invention). Our policy costs us about $2500.00 a year. But we also ship much of our stuff through a 3rd party fulfillment house who carries all of their own insurance. <br /> <br />I agree, find someone who understands your business (import / export and wholesale) if that is your focus. http://www.gowholesale.com/forums/topic/21222#post-73507 Tue, 05 Jul 2005 22:49:25 +0000 nvtimports 73507@http://www.gowholesale.com/forums/ <blockquote><div><cite>MyWebWholesaler wrote:</cite>I can tell you what I was paying for similar. My coverage was a bit more and also had workers comp as well. Cost to me was close to 9,000 a year in the beginning and now down to $4,000<br /><br />It will depend on a lot of things. Your best bet would be to call around in your area and get some quotes.</div></blockquote> <br /> <br />Thank you for your help and everyone else. http://www.gowholesale.com/forums/topic/21222#post-73491 Tue, 05 Jul 2005 18:11:21 +0000 mywebwholesaler 73491@http://www.gowholesale.com/forums/ I can tell you what I was paying for similar. My coverage was a bit more and also had workers comp as well. Cost to me was close to 9,000 a year in the beginning and now down to $4,000 <br /> <br />It will depend on a lot of things. Your best bet would be to call around in your area and get some quotes. http://www.gowholesale.com/forums/topic/21222#post-73490 Tue, 05 Jul 2005 17:53:50 +0000 pete 73490@http://www.gowholesale.com/forums/ Don't even think about buying commercial insurance on the web. Use your local (printed) Yellow Pages and look for commercial insurance brokers. Don't bother with the "retail" guys who sell home, auto and life insurance. Get someone who knows business insurance, not someone who will sell a policy to his brother-in-law as favor. http://www.gowholesale.com/forums/topic/21222#post-73483 Tue, 05 Jul 2005 12:43:47 +0000 artbroker 73483@http://www.gowholesale.com/forums/ <span style="color: #220000">Call a commercial agent for that information. They need your particulars to answer your questions.</span> http://www.gowholesale.com/forums/topic/21222#post-73479 Tue, 05 Jul 2005 12:25:23 +0000 nvtimports 73479@http://www.gowholesale.com/forums/ Where to get Commerical Liability Insurance? <br /> <br />Could anyone give me a price idea how much it will cost? <br />lets say I need <br />1,000,000 product liability coverage <br />1,000,000 completed operations aggregate <br /> <br />Thanks for your help.