Medical Billing Forum

General Category => New! => : clarissia September 27, 2012, 11:37:34 PM

: BUSINESS INSURANCE
: clarissia September 27, 2012, 11:37:34 PM
What is the average cost for business insurance? What is the average amount of insurance I will need? Is general  liability the only insurance I need? What is a good insurance company? THANKS!
: Re: BUSINESS INSURANCE
: PMRNC September 28, 2012, 01:21:56 PM
Ask your homeowners or rental insurance agent. I have two types, my liability (Errors & Omissions) is separate from the general insurance which protects my office/equipment, etc.  I pay about $1700 a year combined and that's with a discount from my homeowners. I have 3 Mil coverage for E/O, but you can get away with 1 or 2 Mil which will lower it a bit.
: Re: BUSINESS INSURANCE
: macbook September 30, 2012, 07:39:29 AM
Hi Linda,

If you dont mind, may I ask which insurance company you have? You have such great rates. :)

Thank you,
: Re: BUSINESS INSURANCE
: PMRNC September 30, 2012, 12:59:13 PM
I have a multi policy discount because I have my general and homeowners with Travelers.  You can find a place that will give you a quote for your area and needs and they give you multiple quotes.  Here's one I found: http://www.businessinsurancenow.com   But I'm not sure if it's for NY only or not. You have to look for ones that have liability insurance for your state. Also in some states E/O could be called other things like professional liability insurance, quai-tam, or business malpractice.
: Re: BUSINESS INSURANCE
: QueenAlicia October 01, 2012, 05:50:19 PM
I got mine thru USLI.  I have USAA for other insurance and they do not offer business and E&O insurance.  I got a good rate.
: Re: BUSINESS INSURANCE
: clarissia October 01, 2012, 11:45:36 PM
THANKS ;)