Author Topic: BUSINESS INSURANCE  (Read 5007 times)

clarissia

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BUSINESS INSURANCE
« on: September 27, 2012, 08:37:34 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!

PMRNC

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Re: BUSINESS INSURANCE
« Reply #1 on: September 28, 2012, 10:21:56 AM »
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.
Linda Walker
Practice Managers Resource & Networking Community
One Stop Resources, Education and Networking for Medical Billers
www.billerswebsite.com

macbook

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Re: BUSINESS INSURANCE
« Reply #2 on: September 30, 2012, 04:39:29 AM »
Hi Linda,

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

Thank you,

PMRNC

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Re: BUSINESS INSURANCE
« Reply #3 on: September 30, 2012, 09:59:13 AM »
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.
Linda Walker
Practice Managers Resource & Networking Community
One Stop Resources, Education and Networking for Medical Billers
www.billerswebsite.com

QueenAlicia

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Re: BUSINESS INSURANCE
« Reply #4 on: October 01, 2012, 02:50:19 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.

clarissia

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Re: BUSINESS INSURANCE
« Reply #5 on: October 01, 2012, 08:45:36 PM »
THANKS ;)