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Cost Of Business Insurance

Henry Said:

What is the average cost of business insurance in Portland, Oregon?

We Answered:

$1,082.66

Even if you could figure out the average business insurance cost paid by a business in Portland it would be a meaningless number.

What is your business? Are you doing roofing, gas installation, demolition or do you operate a Hallmark card shop?

Do you have employees? How many?

Do you offer health insurance?

Will you need errors & omissions coverage? (i.e. physician practice, CPA, real estate agent, attorney, insurance agent)

Do you own a building? Do you have more than one location?

Do you carry inventory? How much?

Do you have owned vehicles? How many? Cars or trucks? Local delivery or over the road?

Do you carry cargo on the trucks?

The list of factors that affect your insurance costs are numerous. You need to talk to an agent in your area to help you determine what insurance you need. Once that is established your agent can secure quotes that have some relevance to your situation.

Check the Yellow Pages for an independent agent that works with commercial lines..

Marvin Said:

what is an estimated cost of business owners insurance in ny state?

We Answered:

OK, without a lot of details, that fitness club insurance is probably going to run you between $5,000 and $30,000.

Christy Said:

What is the approximate cost of business insurance for a restaurant in Mt. Pleasant, Michigan?

We Answered:

I've written restaurant insurance before and it depends on many things. Will there be alcohol sold? Then you would need liquor liability in addition to having coverage on the building. The building itself you will need to find out what the square footage is and approximate age. As an example: a restaurant with liquor liability insurance including building coverage was $8700 a year.

George Said:

the cost of obamacare projected to cost business's 10% the first year in insurance costs,thus they will hire?

We Answered:

I agree, businesses will not be able to afford new employees. ObamaCare Has Failed -- The wheels are coming off ObamaCare even sooner than most had predicted. The American people are not being fooled by the sugar-coated sales campaign, jobs are being lost, health costs are rising, and the first program to be launched is a dud.

Today’s news has direct evidence of jobs being lost as a result of ObamaCare. Assurant Health, a health insurer based in Milwaukee that specializes in individual and small group policies, announced that it is laying off 130 workers as of October 1. Assurant is a terrific company that was the first to sell a Health Savings Account policy and has continued to be responsive with innovative products to serve customer needs.
http://www.assuranthealth.com/corp/ah/pa…

But new one-size-fits-all regulatory requirements are forcing insurers to slash personnel to meet new “administrative” tests, rules that present real challenges to a company that focuses on direct customer service rather than selling policies thousands at a time. Assurant is highly adaptable and will survive, but many capable employees and their families can thank ObamaCare for losing their jobs. o_O

Freddie Said:

Small Business Insurance Cost?

We Answered:

I'm sorry to say, but it is VERY tough getting an estimate like that. There are a number of items that reflect a premium like # of employees, annual salaries, where the business is located, how much experience you have, the type of building, whether it is sprinklered or not, etc....

You're better of getting a "hypothectical" quote.

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