NLIC.org

Zachary Said:

can a sole proprietor write off car insurance for the business when you use your car for work?

We Answered:

IRS considers your first and last trip of the day to be commuting miles, so you have to keep accurate daily mileage logs

Glen Said:

how much money i need to start up car insurance business?

We Answered:

You can't sell any policies legally, until you've ALREADY put the money up, to pay future claims. You'd probably have to budget at least $50 MILLION, for "reserves" - aka claim money.

And, you can expect a lawsuit for trademark infringement from Geico.

So, obviously this is all hypothetical.