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Howard Said:

Where can I get an affordable liability insurance for my new small business in California?

We Answered:

Direct insurance is the cheapest all around. most people in the States don't know how much money it can save you but give direct a call and they can help alot.

Sean Said:

what exactly does general liability insurance cover for a small business?

We Answered:

Depending on the type of business, one of the best policies to look at would be a Commercial Package Policy. This type of policy will provide you with Commercial General Liability coverage which (with a few exceptions) would include coverage for injuries or property damage that you or your employees cause as a result of your negligence to a third party. The policy also includes coverage for your Business Personal Property including inventory and equipment--this coverage can be tailored to cover theft, fire, etc. You can also include coverage for Loss of Income, i.e. if you have a fire on your premises and your business has to shut down as a result the policy will replace the income you lose while the repairs are being done or you secure another location until you are back up and running. Depending on your operations, you might also need a Commercial Automobile Policy, Workers Compensation, Employment Practice Liability Insurance (EPLI), etc.

The best advice I can give you is to find an independent agent in your community who will sit down with you and help you to assess your business exposures and develop a plan to provide coverage for those exposures where possible at a rate that is within your budget. The best resource for finding a local agent is to go to the website for the Independent Insurance Agents & Brokers of America at http://www.iiaba.net/agentlocator/findag… The website does not keep or forward your information so you can be assured that you are in control. Once you go to that website you can enter your city or town and zip code and you will then be able to pull up all the agents in your community and see their credentials, the companies they represent and what types of insurance they specialize in. With this information you will be able to choose an agent that can serve your business needs and who you feel comfortable with.

I hope this information helps. Good Luck with your business.

Roberto Said:

How much does liability insurance and unemployment insurance cost for a small business?

We Answered:

Well, a parking service will be rated like a valet service. Unemployment tax is the smallest part, probably about 3% of payroll. Workers comp, will probably run you around 10% of payroll. The liabiltiy insurance, including damage to customer cars, is probably going to run you close to $5,000.

Carole Said:

what is the property/liability insurance for a small business?

We Answered:

Liability can be rated on square feet, or payroll, or gross sales, or units, or something else.

Without any limits or any idea of what kind of business it is, or what you're doing, I'd have to guess somewhere between $400 a year, and $750,000 a year.

Vanessa Said:

How much would general liability insurance and health insurance cost for a small business in Beverly Hills, CA

We Answered:

I think and arm and a leg!

Grace Said:

What is the cost of liability insurance on a small business (general/averaged)?

We Answered:

There is no average cost. Just like there is no average small business. Is the small business re-roofing homes, cutting trees down or is it selling scrapbook supplies from home? Does your average small business own its building? What is the value of goods held for sale? Or is it a service business with no goods? Does the "average" small business have any employees?

The point is an average, even if you could figure one out, would be a meaningless calculation.