realty co

Mid TN Lawn said:
General liability insurance min. Policy price has been 750.00 per year for over 20 years so how do you buy any policy for 500. Plus you get audited every year.
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I have never paid more than $500 a year.
One mil general liability.
Errors and omissions.
And four other company's as certificate holders so when I do work for them as a vendor they get the money.

My wife is the owner of the company = tax breaks, better chance at getting big contracts,

We don't need workers comp as we sub everything out.
 
Doing foreclosed homes is not for everyone. But if you know what your doing you can make a lot of money.
Winter is always a little slow. We are only doing 30 a week right now.
Already have 82 work orders for feb 1st in Chattanooga tn.
 
Carscw said:
Doing foreclosed homes is not for everyone. But if you know what your doing you can make a lot of money. Winter is always a little slow. We are only doing 30 a week right now. Already have 82 work orders for feb 1st in Chattanooga tn.
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Glad to see you're making your way to my neck of the woods. There are tons of foreclosed homes up here. You should be able to get all the work you want to keep those sub- contractors busy.
 
Carscw said:
I have never paid more than $500 a year. One mil general liability. Errors and omissions. And four other company's as certificate holders so when I do work for them as a vendor they get the money. My wife is the owner of the company = tax breaks, better chance at getting big contracts, We don't need workers comp as we sub everything out.
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Workers comp is additional policy from general liability. What type of ownership or fact you sub makes no difference on insurance you will get audited and you pay based on dollar volume not profit but sales.
 
Mid TN Lawn said:
Workers comp is additional policy from general liability. What type of ownership or fact you sub makes no difference on insurance you will get audited and you pay based on dollar volume not profit but sales.
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I think everyone knows that workers comp and general liability is not the same thing.
 
Carscw said:
I have never paid more than $500 a year. One mil general liability. Errors and omissions. And four other company's as certificate holders so when I do work for them as a vendor they get the money. My wife is the owner of the company = tax breaks, better chance at getting big contracts, We don't need workers comp as we sub everything out.
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E&O and liability only $500??? E&O for us is $1000 and liability is $760! No claims! Who is your carrier? I can't believe it.
 
I cant believe it either because on commercial general liability there has been a 750. Min yearly premium for at least 15 plus years. policy amount really does not matter 1 million or 3 million we pay less than 50. For second million in coverage city requires 2 million here now.
 
I am thinking you are getting Insurance as a contractor that covers everything.
Even tree work.
The less you claim to do the less you pay.

Last year safeguard properties said all venders had to get Insurance from one of the 3 company's they picked I called a 3 and said no way not at twice the price.

I have been with Montgomery. Insurance for 3 years now.
 
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