NLIC.org

Tracey Said:

How can I find an estimate of commercial insurance for a business project?

We Answered:

Well, it's not going to be a "realistic" quote unless there are a LOT more details, like, what are you selling, what kind of alarm system is there, how long has the business been established, what kind of experience the owners have, who owns the building, How much coverage are you looking for, do you need loss of income coverage, are there any employees, what are the annual sales, etc.

There are MORE questions, depending on some of the answers of the prior questions.

That's why you can't get a quote over the internet for business insurance. There are just WAY too many variables.

Edwin Said:

Insurance for commercial cleaning service?

We Answered:

It's a great quote, for liability insurance. I've never found a carier willing to do it for less than $1500 a year.

Warning: the policy is AUDITABLE. That means, you have the price, and you have a RATE. After the policy is over, the insurance company AUDITS it, it's usually based on PAYROLL, and they can increase the cost if your payroll is actually MORE than you estimated. So keep the RATE in mind, as well as the PRICE.

For the workers compensation, the minimum premium is going to start at $1500, but I think it will be higher, if you have three full time employees. Calling them subcontractors won't get you off the hook for benefits, unless they have workers comp policies themselves. Uninsured subs are considered as employees, for both liability and workers comp.


YOUR AGENT should be explaining this to you!!!

Chad Said:

What type of insurance and where to get quotes?

We Answered:

You need a local, independent agent. When you say, the commercial policy doesn't meet your needs, what EXACTLY does that mean? A six unit apartment building IS a commercial risk. With commercial policies, you can pick and choose which coverages you want.

You have to buy your insurance from someone who's licensed to sell insurance in your state.

But as you might have noticed - habitational isn't exactly something insurance companies are crazy to write. The losses are higher, and the account maintenance is WAY higher, so the premiums are ALSO higher.

If you're comparing the coverage to a HOMEOWNERS policy, that's like comparing a cat to a parachute.

Call around to a few LOCAL, INDEPENDENT agents, and go talk to them.

Jo Said:

How do you do a quick search for a quote on campervan insurance? Everything is either cars or commercial vans.

We Answered:

Look for RV insurance.

Try these:
http://www.rvinsurance.com/
https://www.insurancefinder.com/applicat…
http://www.1-rv-insurance.com/
http://www.rv-insurance-coverage.com/

Edgar Said:

Which company has the best *TERM* life insurance quotes for people over 50 ?

We Answered:

there are plenty of top rated companies out there that can give you a quote. The only problem with quotes is that they are by definition not accurate because life insurance is priced on not only your age but your TRUE health. And the only way for an insurance company to get your true health is by you applying for insurance and going through their medical exam.

One thing you may want to consider is that buying term insurance is basicaly betting that you are going to die with in the term of the policy... for example a 20 year term insurance policy you are betting that you are going to die in 20 years... so let assume you are 51, that means you would have to die by the age of 71 for your insurance to not go through the roof. With the advances in medacine these days the likelyhood of you dieing in 20 years is very slim... but you still are going to die someday. So the question you need to ask yourself is why am I buying this life insurance policy? Am I buying it to conserve my estate? Is it for business purposes? But if the reason is for a long period or there is even a slim chance that it could be extended longer than the term you are thinking about, term insurance is not the way to go.

Remember there is always a price tag for what ever your reasons, the question is do you want to know that you are going to pay for it whole dollars, or partial dollars?