Small Business Insurance

**Baby Boy** · 06-28-06, 03:05 PM

For all of the members out their who are brick-and-mortar business handlers, this one is mainly directed for you. Do you have business insurance?

I just want to take a small poll for one reason. As my blog tells the story (which the **** thing is down again from 3-6pm for the THIRD straight day in a row, me and my host will talk ASAP) that we had a big flood the other day... many businesses were effected and now with FEMA stepping in for us... and business and residents both share equal speaking rights at the meeting tomorrow night (and I plan to attend to see complaints and such) --- many of the businesses did NOT have flood insurance. Makes me question if they have any insurance.

What kind of insurance do you have for your business? Or what kind of insurance would be recommend (question for everyone?)

**Avix** · 06-29-06, 05:01 AM

I have public liability insurance because the office leasing company said I need it.

I think when I got it the insurance sales guy upsold some other stuff to me, but I cant even remember what.

Slashmire · 06-29-06, 10:04 AM

Just to add to the question...how much would all the basic required insurance end up costing you?

mxer210 · 06-29-06, 01:39 PM

For my online audio business one year of liability insurance costed $350 for the year. It covered $2,000,000.

**Baby Boy** · 06-29-06, 02:08 PM

^^ You can get insurance for an online business... where?

Slashmire · 06-30-06, 02:27 AM

Well $350.00 doesn't seem that bad...and it does cover quite a good sum of money, it does sound like a good deal.

**Baby Boy** · 06-30-06, 03:42 PM

Yeah... I'm still in love with the option that it covers up to $2,000,000 for just $350 a year.... come on Ryan, share with me where you got this at.

mxer210 · 06-30-06, 05:47 PM

It is my dads insurance guy. It's just some local company, called I think Whitman and Hawkes. I can ask him tonight if ya want. Since mine was such a low risk business it was pretty cheap.

06-30-06, 06:30 PM

Quote:

Originally Posted by Baby Boy

...many of the businesses did NOT have flood insurance. Makes me question if they have any insurance.

Most insurance policies do not include flood insurance. Just because one does not have flood insurance, certainly would not lead me to believe that they don't have any insurance.

**Baby Boy** · 07-01-06, 02:18 AM

Trust me, around here, you have insurance means you have flood insurance. Many didn't have flood insurance, in other words... they didn't have any insurance at all.