Its shopping time for me as I’ve finally got the time to get the business management side of my operation a little more organized. I’d like a little input from some of the Washington crew about insurance, who you might go through, what you pay for for what coverage levels, etc. I’m considering upping my insurance/licence from the specified trade to the general level, which as you all know would entail doubling my bond and getting more liability coverage. I drive by the CBIC building every day, and have considered just giving them a shot, but I tell ya, its a damn solidly built building, so you gotta wonder if I’d be paying a little too much for their product.
Any pointers are much appreciated.
-duke
Replies
We're with CBIC, $12K bond and $1M aggregate liability policy, total about $2600 a year. Moved to this state last year and found an insurance broker we like during the process of buying a house, so we went with her when we started the business. Policy period is up in October so I'll probably do some shopping then and see what else is out there... but, everyone tells me it's a difficult market and I doubt it will get cheaper.