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The answer depends on several factors. Not the least of these is the degree to which the locksmith is willing to accept the risk of a certain level of losses. The lower that level, the more liability insurance the locksmith should have. If the city or county in which the locksmith operates imposes an insurance requirement on the occupation, a locksmith would need to maintain at least that much coverage. Likewise, the landlord of the building where the locksmith is located may impose an insurance requirement in the lease, which would factor into the assessment.

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12y ago

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