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Sales, payroll, number of professionals on staff, prior claim activity, years in business, types of services performed, geographic region and litigation history of the region, risk prevention methods you use to combat lawsuits.


this depends on the type of business it is. Some are rated on sales, area, tickets sold, etc...need more specific information It also depends on the company providing the policy. Some rate on sales, payroll, area, etc. What type of business are you talking about and that will help? Your state insurance department is your best resource for insurance-related questions and concerns. Find information on insurance companies and agents, rate quotes and comparisons, insurance buying tips, claims filing information and much more!

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โˆ™ 2013-07-19 18:25:47
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Q: What exactly are general liability and professional liability premiums based on?
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You are starting a residential cleaning business Should you get general liability insurance or professional liability insurance?

You need a commercial general liability policy.

Are defense expenses paid in a contractors professional liability policy?

A Professional liability insurance Policy, as well as a contractors General Liability Insurance policy will provide coverage for the cost of legal defense.

What exactly is general liability?

General liability means that your friend has been found responsible for something. Liability is usually an insurance term, it means they pay for damages to other peoples property or self.

If you have Professional liability insurance why do you need general liability insurance?

Professional liability insurance will protect you against lawsuits arising from your actual professional services rendered. Suppose you have a consulting business, and you are sued for providing incorrect information, that would be a professional liability. Insurance agents and accountants need a similar coverage called Errors and Omissions. Doctors and Lawyers need Malpractice... General liability pertains more to premises coverage for your place of business, to protect you against situations like a slip and fall. General liability would also cover any damages or bodily injury that your business caused while at a customer's location. It would also cover you for your products or completed operations of your business. Most general liability policies specifically exclude professional liability.

What public liability is need for fitness classes?

General Liability Insurance is what is needed for the Class Facility or Premises location where the classes are held. General Liability Insurance provides coverage for slip and fall and other premise related claims.Professional Liability Insurance should be obtained for the Instructors. Professional Liability provides coverage for claims related to malpractice and competency of the professional instructor.Answerschools

What company offers professional liability insurance for life coaches?

Stirling Insurance Group Ltd in Calgary, Alberta & SIG Insurance Ltd in British Columbia offers Professional & General Liability Coverage for Professional Coaches and organizations.

Difference in comprehensive general liability and commercial general liability?

who is the insured under a general liability policy

What is public liability insurance and how is it different from general liability insurance?

General liability covers Public and Producs Liability, therefore by having General Liability cover, public liability is covered also.

How do you find liability insurance for someone who wants to do small group tutoring?

AnswerJust contact any insurer or agent dealing in Professional lines in your state. You should look at either Professional Liability or General Liability depending on the Tutoring Environment.

How much professional liability insurance does a sole proprietor painting contractor need?

A contractor Buys Commercial Liability Insurance in the contractor class, not professional liability insurance. The amount needed is typically determined by the exposures presented or as specified by the employer.

what exactly is commercial general liability?

Commercial general liability is a type of insurance that major companies use to insure their businesses. You would need this so if a client got hurt you would be covered for out of pocket expenses.

Can you take out liability insurance per job?

Traditionally, per project general liability policies were reserved for large projects such as tract home and condo developments. Minim premiums on such policies can vary from $50,000 to $250,000. However, there are some new insurance programs out there for smaller contractors with premiums as low as $300 per job.

Why does a contractor need a professional liability insurance policy?

A contractor typically needs a Commercial General Liability Insurance Policy. If the contract includes professional services, then the contractor will likely be required to carry Professional Liability Insurance, either in addition to, or in place of a CGL policy. It really just depends on the nature of the services contracted.

Where can you get liability insurance for a tattoo shop in California?

There is a program that is available nationwide for tattoo and/or piercing insurance. Go to and choose the tattoo & piercing program link. They have general liability and professional liability available.

Is there a professional liability insurance for a Residential contractor in SC?

What your looking for is Commercial General Liability Insurance for contractors, not professional liability insurance.And Yes. Almost any Commercial lines carrier will provide CGL coverage as well..

LLC Liability Insurance?

form_title=LLC Liability Insurance form_header=Even as a limited liability company, it's important to have protection from personal liability. Have an insurance professional create a personalized quote based on your business risks. Type of Insurance Needed:= [] General Liability Insurance [] Property Liability Insurance [] Professional Liability Insurance [] Directors and Officers Liability Insurance [] Product Liability Insurance [] Other [] Not Sure Years In Business:=_ How many total people work in your business (including yourself, owners, officers, employees, contractors, etc)?=_

Who is a professional when referring to the exclusion under a commercial general liability policy for professional fees?

The "Professional",, would be the person or entity "Insured" under the contract.

What is the difference between professional and general liability?

Professional liability covers you for losses and expenses that can arise from the practice of your profession. Claims of loss or injury that result from negligence, incompetence, errors and or omissions on the part of the professional in carrying out the services being rendered.General liability is more location oriented, It provides coverage for claims that may arise from your location such as slip and fall claims or other types of injury.AnswerProfessional liability policies were developed (fundamentally) to protect against claims arising out of economic loss. General Liability exists to protect against bodily injury, property damage, personal injury & adveritising injury - - all defined terms in the policy. There is no standard Professional liability policy and each should be read and explained by an experienced professional. This is a very thin answer in the broad scheme of insurance and there are sooo many factors to consider - CONTACT A SPECIALIST WHO CAN EXPLAIN THE DIFFERENCES... possibly someone with an MLIS designation.

How much does general liability insurance cost?

The cost of general liability depends on said person's life, lifestyle, and home. General liability covers many public costs and product liability risks.

Where can you find good insurance coverage for your Colorado piercing studio?

There is a national program for piercing insurance (general liability and professional liability) at Choose the tattoo & piercing program link.

What is the difference between general liability insurance and Truckers general liability insurance?

There is no difference.

How do I get general liability insurance?

Compare general liability insurance quotes from multiple providers. Learn about liability insurance in our free buyers' guides to business insurance.Hiscox specializes in general liability insurance for businesses with 10 employees or less.

In the Commercial General liability what liability exposures has its own aggregate that is separate from the general aggregate?

Premises and operations.

Does every business owner have to have commercial general liability?

It is a good idea to consider purchasing general liability insurance for your business. General liability insurance can protect your business and give you peace of mind.

When starting a home watch service business do you need to be bonded or have liability insurance?

AnswerYep, You have to have insurance for everything.To be more specific, you need two types of insurance for a Home Watch business. You need general liability and you need Professional Liability, also called Errors and Omissions Insurance.General Liability protects you while inside the home from pre-existing conditions and general risks such as a toilet that backs up while you are in the house.Professional Liability is in case you miss something that you should have seen as a Home Watch Professional. Roof leaks that are clearly visible but that you missed would be covered by this 'errors and omissions' insurance.The insurance is not easy to find.