NLIC.org

Ralph Said:

how much is business insurance for a restaurant?

We Answered:

It depends how many people you serve, there is no standard for getting a quote without stating your state. Generally it should be 2000 a year for a 5 table small restaurant, for larger ones 2000 - 10000 a year. Check out this company's website http://www.metropolinsurance.com/
Good luck

Bernard Said:

To insurance agents, any tips on how to approach a business to try to give them a quote?

We Answered:

The commercial business is very competitive, but here is how you can approach a business owner:

Hello, Mr. Jones. My name is John Doe, and I represent the XYZ insurance agency here in Anytown. I know that some commercial insurance rates are very expensive, and business owners have to make decisions to save money any way they can. May I ask you when your policies expire?

I might be in a position to save you some money, and give you just as good or better coverage than you have now. You wouldn't have any objection to that, would you? Would you be open to receiving a SECOND OPINION on your commercial insurance? Good. Could I stop in and share a few minutes with you on Tuesday at 9:00am, or would Thursday at 11:00 be better? Good. Please have all your business insurance policies available at that time. I'll see you at ____ on _____.

This is an idea. You can reword it to fit the circumstance at the time.

Erika Said:

When starting a small business, how much should I expect to pay for business insurance?

We Answered:

I pay $27 monthly for $1,000,000 coverage - product liability etc.

The best idea is to get several - at least three - quotes before making a choice.

Lucille Said:

I am not going to use an insurance quote?

We Answered:

Thanks, but we've decided to go with another company.