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What sort of liability insurance does one need for a sole-proprietor HVAC Repair business?

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what different types of insurance rates are out there? Is there anyway you can send me some information on any companaies that have hvac resedential liability insurance!!! Thanks A lot

Answer

A local Insurance Broker is the best way to find business insurance. They are not a captive agent like Farmers, State Farm and Allstate. They have the ability to shop the market to get you the best rate. BE CAREFUL-some charge a brokers fee. Get that informaiton up front. It can be up to 10% of the premium amount. Research a brokerage that doesn't charge fees and has a wide market. This will get you better rates.

Answer

Class B licensees shall maintain commercial liability insurance at all times during a license period:

(1) of at least $100,000 per occurrence (combined for property damage and bodily injury);

(2) of at least $200,000 aggregate (total amount the policy will pay for property damage and bodily injury coverage); and

(3) of at least $100,000 aggregate for products and completed operations.

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First answer by ID1186178550. Last edit by Sdresh. Contributor trust: 877 [recommend contributor]. Question popularity: 209 [recommend question]

Answers.com > Wiki Answers > Categories > Business and Finance > Insurance > Liability Insurance > What sort of liability insurance does one need for a sole-proprietor HVAC Repair business?

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Liability for sole proprietor?  Does a sole proprietor need insurance?  Can you get insurance per Hvac serivce?  What do you need to get liability insurance for an hvac job?  How much does liability insurance cost for a hvac contractor?  What is a sole proprietor and does he have to carry liability insurance?