Beth n Rod 1,278 Report post Posted December 5, 2004 It makes sense to be insured. It protects your company and those who you do work for. But just how much coverage do most of us carry? We realize that some may carry more due to the type of work they are doing. We thought it would be interesting to see. Share this post Link to post Share on other sites
Don Phelps 85 Report post Posted December 6, 2004 One million in general liability and another million in aggregate. Share this post Link to post Share on other sites
Henry B. 4 Report post Posted December 6, 2004 We carry two million on everything. Some of the contracts we do require it. Share this post Link to post Share on other sites
PressurePros 248 Report post Posted December 6, 2004 My biggest account makes me carry 10. Prior to that it was one million aggregate Share this post Link to post Share on other sites
Aplus 525 Report post Posted December 6, 2004 One million. Most of my commercial work requires it. Share this post Link to post Share on other sites
Pams Pressure & Clean 64 Report post Posted December 6, 2004 2 Mill CGL, plus workers comp.. Share this post Link to post Share on other sites
paul-uk 500 Report post Posted December 6, 2004 £1,000,000.....hope i dint have to use it.... Share this post Link to post Share on other sites
Celeste 341 Report post Posted December 6, 2004 $2M GCL, $1M for each vehicle, and Worker's comp Share this post Link to post Share on other sites
John T 744 Report post Posted February 1, 2005 $2 million which is what my commerical work usually calls for. Share this post Link to post Share on other sites
EmpirePW 14 Report post Posted February 1, 2005 Only doing residential and some small flatwork jobs for resturaunts I only carry $100,000 general liability. I do have 2 bids in for apartment complexes that if I get I have agreed to increase my insurance to $1M. Share this post Link to post Share on other sites
Beth n Rod 1,278 Report post Posted February 1, 2005 1 Million plus equipment. Rod~ Share this post Link to post Share on other sites
Celeste 341 Report post Posted February 2, 2005 Only doing residential and some small flatwork jobs for resturaunts I only carry $100,000 general liability. I do have 2 bids in for apartment complexes that if I get I have agreed to increase my insurance to $1M. Matthew, you will find here in NC the increase in premium is teensy-weensy compared to the enormous increase in coverage :) $1M will increase your marketing area as well :) Celeste Share this post Link to post Share on other sites
EmpirePW 14 Report post Posted February 2, 2005 Matthew, you will find here in NC the increase in premium is teensy-weensy compared to the enormous increase in coverage :) $1M will increase your marketing area as well :)Celeste Very truebut when I was first starting up the pennies were very tight so I got the minimum I needed. As soon as I need more I only have to pay the difference in premiums. Share this post Link to post Share on other sites
FullBlast 14 Report post Posted April 20, 2005 I got $1,500,000 coverage. Share this post Link to post Share on other sites
PLD 14 Report post Posted June 5, 2005 $2 million which is what my commerical work usually calls for. Ditto. I have landed two apt complexs and and in the running for #3. All three wanted to see 2MM minimum. Share this post Link to post Share on other sites
CCPC 26 Report post Posted June 5, 2005 I'm well covered with a cool 50,000 in general Liability.:banana: Share this post Link to post Share on other sites
Scott Stone 604 Report post Posted June 24, 2005 I voted earlier, but I thought that I would throw in my additional two cents. I carry 1,000,000-2,000,000 aggregate. I also carry an additional personal umbrella policy that ihas a 1,000,000 value, on the advice of my attorney. Now I don't have to worry about all of the unforeseen situations. Scott Stone Share this post Link to post Share on other sites
Jim Carroll 14 Report post Posted August 27, 2005 I just got my renewal $750 for $1 million or $900 for $2 million. I'll be spending the extra $150 Share this post Link to post Share on other sites
Don M. 14 Report post Posted May 10, 2006 I talked to a couple of companies around here (American Family and Shield of Shelter) and they wont touch the pw business. I sent in my premium for $300,000 GL policy to Joe Walters. Is that who most companies are with? Thanks Share this post Link to post Share on other sites
Big Bill 14 Report post Posted May 10, 2006 I have mine through Joe Walters, hits me about $1100 a year for 1 mil Share this post Link to post Share on other sites
Neil_Asheville 114 Report post Posted May 10, 2006 I always prefer to stay local if possible. I didn't contact Walters. I am with Auto-Owners Insurance Company. I knew they had written for another pw'er here in town and he referred me to the local agency. $151 for $15K equipment coverage plus $535 for $1M/$2M aggregate CGL. /neil Share this post Link to post Share on other sites
Paul Kassander 26 Report post Posted May 15, 2006 1 Mil general liability with an additional 2mil umbrella policy. Really helps to get those larger commercial jobs. Share this post Link to post Share on other sites
mas3372 14 Report post Posted May 25, 2006 1 Million plus equipment. The price difference for the state minimum of 300k to 1 million was $85 per year. It would be irresponsible not to go with the million in this case. Share this post Link to post Share on other sites
A and J POWERWASHING 64 Report post Posted June 14, 2006 :lgkick: I carry 1million dollars worth better to be safe then sorry , sh$t happens when you do not it to Share this post Link to post Share on other sites
hawk 14 Report post Posted July 13, 2006 Better to get more than you need. It is very hard to get more after you have used up you current policy. I just got mine 1mil-2mil. I hope I don't jinx myself by telling this, but my premium was $271 for the year. It's through a regional underwriter. Hank Share this post Link to post Share on other sites
