I am trying to figure out what it will cost me to hold liability insurance on my company. I am the only member of staff. I only requirement it to setup a stand on occasion at different locations. I don't know what a broad rate would be, so if anyone could give me an thought, that would be great.
Answers: Liability insurance is based on the risk involved. It depends on what your business is and what you are doing. The smaller number risk of injury or a law suit the cheaper the insurance.
OK, rates are base on either gross sale, gross payroll, square footage occupied, or it can be something else, too. It's ALSO subject to a minimum premium.
There are two types of liability insurance - the slip and slop type, and the "your product gave me an infection" type.
How much it costs is going to depend on which type you inevitability, what your supplier gives you for vendor's coverage, and the rating factor in the first sentence. I'd see if you go to a local agent, it will lug him a week or so to get you a quote, IF You own all the info for him.
I'd consider this will cost you between $750 and $1500 a year.
Answers: Liability insurance is based on the risk involved. It depends on what your business is and what you are doing. The smaller number risk of injury or a law suit the cheaper the insurance.
OK, rates are base on either gross sale, gross payroll, square footage occupied, or it can be something else, too. It's ALSO subject to a minimum premium.
There are two types of liability insurance - the slip and slop type, and the "your product gave me an infection" type.
How much it costs is going to depend on which type you inevitability, what your supplier gives you for vendor's coverage, and the rating factor in the first sentence. I'd see if you go to a local agent, it will lug him a week or so to get you a quote, IF You own all the info for him.
I'd consider this will cost you between $750 and $1500 a year.