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


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2009-09-28 04:36:32
2009-09-28 04:36:32

Yep, 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.


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To get basic business insurance you have to have general liability. Companies that offer this service are Progressive Professional for one, and they will compare other rates for you too.

yes possibly. I am thinking about starting a part time dog walking service.

Johnson Insurance is a full-service insurance agent.They can provide all types of personal and business policies including, but not limited to home, auto, renter's, business umbrellas and professional liability.

Business Liability Insurance is typically sold as "General Liability" insurance to businesses in order to provide coverage for the day to day operations of the business. Depending upon the kind of business it is, there are different categories of liability insurance for businesses. For instance if a business manufactures, then Product Liability Insurance is necessary to cover claims against the business arising from the use of their products. If the business is a service business (i.e. Carpet Cleaning, Sales, Contracting or sub-contracting etc., etc.), usually a General Liability policy is sufficient. One thing to note with business liability insurance is the amount of coverage purchased. There are policy limits per incident as well as aggregate (combined) limits. The key issue is in purchasing enough insurance to cover any contingency without purchasing too much because the insurance company will only cover costs up to the limit of coverage. For special insurance needs, a piggy-back policy for business is often used. This type of business insurance is called an 'Umbrella Policy'. It is a policy that rides on top of an existing policy that offers specific coverages in excess of the original policy.

There are many Public Liability Insurance brokers. Some companies that provide this service are 'Hiscox', 'Crowthorne Insurance Services Limited' and 'AXA Insurance'.

(CGL) Commercial General LiabilityThe type of insurance you need is called "Commercial General Liability" also sometimes referred to as "Contractors Liability Insurance" As an Sole Proprietor providing a repair service you are considered to be engaged in a commercial activity. This type of repair usually comes as a service or repair contract, hence the contractor referenceGood luckAnswerA 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.

Allstate is one of the most well known insurance company that provides auto insurance liability. Other companies that provide this service include GEICO and Nationwide.

In order to get business travel insurance, you would have to contact an insurance company that offers this service. Then request a quote for your business travel insurance.

The Company Liability Insurance is a protection service. The company that sells the insurance is called Nationwide, and the base is in Colombus. One thing that is unique with this insurance is the uninsured and underinsured mororist coverage.

Services revenue is revenue same as product revenue and it is not an asset or liability of the business.

The Butler Insurance Service has many policies. They have auto insurance, homeowners insurance, life insurance and business insurance. However the policies differ from state to state.

form_title=Tech Insurance form_header=If you have a high tech and cutting edge business you could really benefit from insurance programs designed specifically for the technology industry. Select the area of your technology business:= {(),IT consultants,Application service providers,Database administrators/designer. Computer consultants,Computer programmers,Hardware installation experts,Integration Specialists,IT project managers,Online security specialists,Software developers,System designers,Website developers,Other} Type of insurance needed (Check all that apply):= [] Professional liability insurance [] General liability insurance [] Business owner insurance [] Workers' compensation insurance [] Other Type of Business Entity:= {(),Corporation,LLC,Sole Proprietorship,Partnership,Non Profit,Trust,Other} Years In Business:=_

10073-0-Automobile Repair or Service Shops

RV insurance is the same as any other automobile service. You should conside getting a higher liability ceiling though,

This depends on your business classification and your local business statutes. If you determine you do need to be bonded, contact your local insurance agent and buy an insurance bond. The type of bond will depend on your business classification. Most likely what you actually need is for your business to be " Insured ". In other words. Commercial General liability. Many if not most Bond Issuers will not issue you a bond if you do not carry appropriate Insurance for your business venture. being Bonded is not the same as being Insured.

I would imagine you would need public liability

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It's called business liability insurance, and most insurance companies offer it. Just look up a trusted insurance company and give them a call. 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! State Insurance Department websites:

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! State Insurance Department websites: It will depend on what type of service you are offering. Customers by contract may require you to have general liability coverage and they may also require you to carry errors and omissions insurance. The general liability insurance will cover your business in the event of a claim involving bodily injury or property damage that yoiu cause. The errors and omissions insurance should be carried by anyone that provides a service for a fee to customers. It protects you against any error or omission caused by you and will also pay for defense of any claim of such against you even if the claim is not paid.

It is a service business. The reason why is because a goods producing business are tangible things that have a physical presence (i.e. Pop Tarts, School funiture) Service Business also can include insurance and tranportation, and finally itunes..

It is the liability on an open account for the purchase of a commodity or service used in the regular course of business.

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