A one million dollar general liability policy should be about $700.00 - $800.00 annualy if it's written correctly. If you are asking about a Personal Liability Umbrella, the cost may be closer to $200 annual depending on what state you live in and what you want covered under the umbrella, and if your cars it also takes into consideration the driving histories.
several hundred dollars
Separate
approximately about 2,200 dollars a year...
bonded .... no.... but you must have the correct insurance... ask any insurance agent for help with this.... i am a repo man and to work for any Bank you must carry a million dollar insurance policy.... yes... i said 1 MILLION DOLLARS
You need to purchase a commercial auto insurance policy with a million dollar limits for bodily injury and property damage. A $1,000,000 limit is standard for commercial auto and shouldn't be too costly. Your insurance broker can help you get this policy. If you need additional coverage above the limits offered by your auto insurer you can obtain an umbrella policy that will extend the limits of all underlying coverage.
98 mph, obtained a one million dollar insurance policy on his right arm.
A course of construction policy is insurance purchased by a builder to cover materials, fixtures, equipment, and the building itself. As the name implies, it is only good during the course of construction, or as long as the work is going on.
No, Buildings under construction are covered under a builders policy. After the building or other structure is completed you can then schedule it on your homeowners insurance policy for coverage.
It is not likely you will find a single insurer with the best offering for both of these insurance categories. Construction Insurance is a Commercial lines Policy while Renters Insurance Is a Personal Lines Policy. That's kinda like trying to mix apples and oranges.
yes. to have insurance on someone you have to have an insurable interest in them. basically you would have to be at a loss in some shape or fashion if they where to die. this is a very loose and subjective concept that companies very rarely challenge unless its a multi million dollar policy.
It depends on your policy. Your liability coverage for an accident that doesn't involve your car is a million because of that umbrella policy. For an automobile accident, your total coverage is probably 1.3 million, but might be less because of an exclusion in either policy about duplicate coverage. That's not a common exclusion, though it is possible. It depends upon your policy. You should have received a copy of your policy when you paid for your coverage. If you don't have a copy, or don't understand it, call your agent or insurance company.
He lent his name to the Hospital and agreed to have a 1 million dollar life insurance policy aganist his life donated.