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Can a 17 year old legally purchase commercial insurance for a start up business?
Wiki User
∙ 17y ago
A 17-year-old, unless emancipated, cannot legally establish a business, and is not old enough to contract for insurance, or, for that matter, to contract for anything.
Wiki User
∙ 17y ago
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Can you still have commercial insurance if business license is suspended?
Legally you cannot continue to have commercial insurance till your business licence is revalidated. It's your duty to intimate the Insurance Co. about the suspension of your business licence.
Should I purchase insurance when I travel for business?
Depending on your needs and financial situation, business travel insurance should be considered for your business trips. Many travel insurance companies have business specific coverage, but you are not legally obliged to purchase travel insurance.
Are you legally required to purchase insurance for your boat in New Jersey?
No, it is not legally required that you purchase insurance for your boat in New Jersey. It is a good idea to have boat insurance in case of an accident.
What is theImportance of insurance for commercial establishment?
depending on your establishment, you may not be able to trade legally without an appropriate amount of commercial insurance. Visit http://www.arista-insurance.com/sitesia.aspx/page/158 to find out more about different types of commercial insurance
Do I get a discount on my car insurance if I have a Commercial Drivers License (CDL)?
No you do not get a discount on car insurance if you have a CDL. This license just allows you to legally drive certain vehicles.
What type of insurance would a Thai restaurant need to legally function?
There is a specific type of insurance for all restaurants. For Thai restaurants , it would be ideal to get a commercial property insurance or in the alternative, a general liability insurance.
How old do you have to be to get auto insurance?
At least eighteen. That's the age you can legally enter into a business agreement or sign a contract.
How long do you legally have to change your insurance coverage if you purchase a new car in South Carolina?
Contact your agent, and they will be able to tell you.
Do you legally need public liability insurance for a business in Scotland?
Yes-Hello, it all depends on what your business will do - as far as I am aware the only trade that is legally required to have public liability is a horse riding company. With every other trade it is just heavily recommended. Public Liability insurance protects you and your business against any damage that you cause to your clients property or persons. If you have any employees you are legally required to have employers liability insurance. It protects your business and your employees if they get injured whilst working for you - it pays medical costs and other associated costs.What kind of work is the business going to be doing?Kind RegardsTimSimply Business
Can you insure a new car before purchase?
In most states it is legally required that you have insurance on the vehicle before driving it off the lot.
Can you re-sell products legally?
If you do it as a business, only if you have a business license and are in compliance with the tax laws of your state. Even commercial (as opposed to 'casual') E-Bay sellers have to be careful to maintain a legal business.
What is the relationship between the insurance agent and the insurance carrier?
the agent is under the authority of the principal, or insurance carrier, and has the ability to make decisions as a representative of the carrier. Therefore, the principal can be held legally liable for the agent's business
