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You would want to protect yourself with a business liability policy of some kind, most certainly, contact a good agent in your area they will be able to assist you with coverages for this particular business...good luck to you !!

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17y ago

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What kind of insurance do you need for a housekeeping business?

General liability.(contractor's)


What types of business insurance can I get for a construction business?

You need to have liability insurance in case you're sued for damages. You also need vehicle insurance for you trucks and business insurance to protect the property of the business. Almost always your insurers will require that the owner be insured so that they can lessen their risks.


What do I need to start a cleaning company?

You will need some kind of business license as well as liability insurance to cover any accidents. Then you will need to build clientel by building trust with relationships.


What are reasons that one would need to purchase business liability insurance?

Business liability insurance protects a company's assets from a lawsuit. If a business is high risk or doesn't have enough capital to cover a lawsuit, they should have business liability insurance.


Do You Need Business Insurance?

Overall, people have experience with different types of insurance. They insure their houses, their cars, their life, and their health. That's generally enough for most people, but if you have a business that you run, you may want to have business insurance, as well. Whether you need this kind of insurance and how much coverage you should have depends largely on the kind of business you operate.Someone who works from home, providing services over the Internet, probably doesn't need any kind of business insurance. He's not really in a position where he would be likely to get sued by a customer. He's also not providing something that could be ruled defective and dangerous, where he could end up with a lot of liability. If he's selling a product through the Internet, he may want to consider insurance to protect him in the event of a lawsuit.People who have brick-and-mortar stores are much more likely to need business insurance. Because they have customers coming into their place of business to buy merchandise, they face a double risk.There could be a problem with the merchandise that could cause injury to the customer, and the customer could get hurt while actually in the store. If the businessowner is properly insured, the insurance company will handle lawsuits, claims, and other problems that come from either one of those scenarios.You may think that you don't need business insurance because you'll be very careful and nothing bad will happen, but that's not a very safe way to look at things. Some people aren't as honest as you, and they will make an effort to have a problem in your store simply so they can attempt to get compensation. Don't allow that to happen. Business insurance isn't free, but it's much less expensive than facing a lawsuit from an angry an injured customer and being required to pay out-of-pocket. Avoid the stress of that kind of situation by having business insurance - and make sure you get enough of it to cover you properly. Talking with a good insurance agent is wise, because it helps to ensure that your coverage is the best it can be, and that it will protect your business no matter what might happen.

Related Questions

What kind of insurance do you need for a housekeeping business?

General liability.(contractor's)


What kind of business insurance do you need for boat detailing?

Commercial Property, GL, and WC.


How much insurance cover is needed for a locksmith?

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.


Do you need to be bonded to run a home-based business?

Depends on what kind of business it is. for more information about insurance and licensing go to Business.gov


What is the need for developing sustainable insurance business in Nigeria?

the need for developing insurance business in Nigeria


Does homeowners insurance pay off your mortgage if one of the homeowners dies?

No. For that kind of benefit you need mortgage insurance or a life insurance policy.No. For that kind of benefit you need mortgage insurance or a life insurance policy.No. For that kind of benefit you need mortgage insurance or a life insurance policy.No. For that kind of benefit you need mortgage insurance or a life insurance policy.


What type of training do I need to open my own auto insurance business?

You will need an insurance license and the associated traiing to open an auto insurance business


How do I find a locksmith who can work around my schedule while changing my office locks?

I need to have the locks changed at my office. How can I find a business locksmith who can work around my schedule?


Where can I find information about insurance application forms?

It depends on what kind of insurance you need. I honestly can't help you because you could need health insurance or car insurance or any other kind of insurance out there so I don't know what kind of application you need.


How does a small company become bonded?

A bond is a special kind of insurance that guarantees your performance to your customer. Many insurance companies will sell performance bonds. Define what kind of bond you need and what the terms of the bond are to be and explain what you want to your insurance carrier.


Do you need a locksmith license to unlock cars in state of ill.?

In Illinois, a locksmith does not need a specific state license to unlock cars. However, they must comply with local ordinances and may need a business license depending on the municipality. It's also important for locksmiths to ensure they have proper insurance and training to operate legally and ethically. Always check local regulations for any additional requirements.


Do you need small business insurance in Colorado?

You need small business in any state. Business insurance is purchased to help you protect the business from lawsuits, damages, claims, etc so it doesn't matter what state you are in. If you have a business that has a location, sales, employees, assets, or good ideas, you need insurance.