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Delores Said:

I babysit do I need business insurance?

We Answered:

If you are transporting someone else's kids to and from school, you should be ok with stating incidental usage for the biz. If you go commercial, the problem, though, is whether or not you fall under the category of a livery service or not. That's where it gets sticky...and very expensive.

The questions re: whether you use in business is usually geared toward someone driving pizzas, or florist delivery..where being on the road is your business. The more you are on the road, the more you present a risk. if you are just taking to school, and back, you should be ok.

You can probably get away with just being under a regular policy, since you are not on the road all the time. However, I strongly advise you to make sure you have limits much higher that state minimum limits. If something happens to those kids while they are in your care, do you want to be sued? Probably not.

Your average policy offers $5000 on occupant medical. Take it. If you can get higher, go for it. The liability limits are usually for the OTHER car, not for the occupants of your car.

You should probably also want to see if there is a line of coverage you can add through your existing homeowner policy that can be used for an in-home daycare. If little Johnny gets hurt while in your care...whether it is due to a car accident, or because another child in the house shoved him down the stairs, it would be YOUR liability they would come after first.

Jay Said:

What's cheaper- business insurance based on sales or payroll?

We Answered:

You have to look at the actual RATE. Any agent worth their salt should be willing to share the RATE with you. Then you extrapolate - what if you hire two more guys? What if your sales double?? You need the rate itself, to project a best (worst? LOL how is it worse if your sales triple??) case scenario.

I would ALSO double check coverages, line by line - especially the "bells and whistles". Likely, you will have more bells and whistles with the admitted carrier.

Make sure your admitted carrier is A rated, also.

Priscilla Said:

Where can I get a cheap business insurance quote for my Manchester business?

We Answered:

From an independent agent in Manchester. And it gets rated based on the risk. So "cheap" insurance still isn't going to be "under cost".

Marion Said:

I need to get quotes a commericial business?

We Answered:

State Farm won't insure general contractors, which is what you would be, and they don't insure demolition contractors, either.

You're going to need to open your local phone book, and look for an independent agent that specializes in construction.

I hope you're braced for it, because the workers comp is going to run you about 25% of payroll, and the liability is going to run you about 25% of receipts for employees, and 20% of receipts for subcontractors.

Bernard Said:

Does anyone know how i could get more business or more people that need quotes for Insurance?

We Answered:

Many Allstate agents buy Internet leads from a provider such as iLeads.com, at: http://www.ileads.com/ Internet leads are especially good because they are generated by consumers proactively seeking solutions only minutes before you receive the lead. An internet lead is pre-qualified in the sense that the consumer has already performed a search with a search engine, looking for a solution to a problem. They have then taken the time to fill out a form, requesting a quote. They know they are going to be called, and they want to be called.

A good lead provider “scrubs” the lead to make sure the data is valid before it is offered for sale. All of this is done in seconds after the consumer fills out the form. If you pay a little more, you can have the lead exclusively for a period of time—exclusive from the company that sold it to you. (If the consumer filled out more than one form, then they can be contacted by someone else.) The nice thing about iLeads.com is that they enhance their insurance leads with data from First American Financial, so you will have a better handle on how serious and qualified the lead is and perhaps even be able to prepare a quote before you call. Good luck!

Ben Said:

Starting a business, need insurance quotes? (Childcare center)?

We Answered:

My suggestion is trying to absorb as much information as you can before making up your mind,here http://www.insuranceidea.info/free-insurance.htm is a good one.

Margaret Said:

What's a "quote"? In reference to insurance quotes and business stuff?

We Answered:

A quote is an estimate of what you would pay if you decided to go with the company that is providing it. It usually comes after you are asked a series of questions in order for them to determine what category you fit into. For example, if you were getting a quote for car insurance, they want to know how old you are, male or female, what kind of car you have, etc. Then they can give you a quote based on the information you have given them . Be careful though, because the quote you receive in the beginning could be lower than what you are actually going to be paying. This is done to entice you to go with their company and then later, hidden charges and fees could be added on. Make sure you know exactly what the price is before you sign anything!