Small Business Insurance: Are You and Your Subcontractors Need It?

เขียนโดย edwoe | 11:13


Of course, you should check with an accountant or lawyer for specific information, but this article says that what he had business insurance small tasks for our consultants and clients in the past.

What type of Small Business Insurance Do You Need?

They must in any case, both general and liability insurance for professional liability for their services. Professional liability in case of errors and omissions> Drivers Insurance folded as part of the insurance coverage of small businesses.

How much will it cost?

This insurance range in terms of cost, but is about $ 3500 average. Normally, insurance for small businesses in price according to size in relation to employees, the volume of sales that you are doing, and how to identify risks.

Take the time to explain carefully and look at the categories with your agent firstLump in something that you do. A lot of times you can classify them into software developers could be a very different risk category than network installers or resellers.

Do Your Subcontractors Need Small Business Insurance?

Yes, your subcontractors should definitely education and professional liability insurance and errors and omissions. It should not be covered. Otherwise, what you're doing is likely to provideBenefits more similar to what you're doing for an employee than an entrepreneur.

What's The Next Step With Your Small Business Insurance?

Talk to your lawyer and talk with your insurance agent. If you are an insurance agent who takes your property and contents insurance they need, you should definitely sit down and talk to them. You may wish to put this question from your accountant too, because they have a relatively similarBusiness model in the same area.

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