So I am contacting some local insurance companies today to get insured. I plan on doing commercial and some residential. What are some questions to ask? What minimum amounts should I be insured for?
Questions and observations I have seen that I need to verify/ask:
I should have Care, Custody and Control included.
Does insurance cover overspray & for how far away?
Does insurance cover 3rd party injuries only(if i were to get injured slipping on water would i be covered? or whatever other scenario could happen where id get injured)
How many stories do they cover for residential & how many ft up for commercial (like buildings in plazas that are tall but dont have any stairs/stories)
Do I need workers comp (for residential? for commercial?)
I am a sole operator to the business with zero employees. I have read here that workman comp is necessary for commercial work. At first Farmers said that I wouldn’t need it and explained to her that it was highly recommended by professionals with years in the industry. We ended up figuring out what was needed. It’s called Ghost Workman Comp. This covers the business that you are at in case you fall and hurt yourself so they are not liable. You can opt in to workman comp as a sole owner/operator but it is expensive.
@Sasquatch Hi, I’m Natalie, an Insurance Advisor here at Next Insurance. I’m pleased to inform you that we have actually recently changed our application, and can now insure people that have new businesses! We would be happy to provide you with a comparison quote for your pressure washing business. Our quotes are also entirely online and instant! Please don’t hesitate to reach out to us at firstname.lastname@example.org for assistance.
I’m Natalie, an Insurance Advisor here at Next Insurance. We’d be thrilled to offer you a quote for your pressure washing business, and are happy to answer any questions you may have about our policies or services. We’re an online insurance company that can get you covered in minutes flat - with flexible payment options and 24/7 access to an online customer account where you can access Certificates of Insurance and other important policy documents.
If you have any questions or would like to learn more about us, please don’t hesitate to reach out to us at email@example.com. We look forward to hearing from you!
Hey George,just to let you know if you use them,you can do NO commercial and nothing over 30 feet.I used them for my maintenance business and they were okay for that but their PW insurance has ALOT of exclusions and costs almost as much as I pay Erie for both of my businesses.
is what you want.
Make sure your insurer will issue you multiple COI’s (certificate of insurance) because you will be requesting a different COI for every property you work on (commercially). You might try your auto insurer, or have them recommend you to a broker. I am a sole proprietor LLC and my work is below 4 stories, no underground work and my General Liability runs $1200ish a year.
I think I pay a little north of $1200 a year and they cover my 96 Dodge Ram 2500, 12’ tandem trailer with 4.8 GPM hot water unit, and cover me for residential and commercial pressure washing $1,000,000 in property damage. This is through Wayne Insurance Group.