How much Insurance for Commercial Cleaning?

[Stephan]

I'm about to start calling around for quotes for insurance and bonding. The questions I ask myself is, how much do I need?

I have the insurance coverage of the cleaning company that we use at my soon to be ending job. I'm not sure if I need the same amounts as them as they have approx. 200-250 clients, with some of them being fairly large. Here is the coverage they carry (no deductable unless noted):

$5,000,000 - Bodily Injury & Property Damage Liability
$5,000,000 - Personal Injury & Advertising Liability
$20,000,000 - General Aggregate Limit
$250,000 ($2,500 Deductable) - Tenants Legal Liability
$10,000 - Medical Payments
$100,000 - Voluntary Compensation
$1,000,000 - Employee Benefits Program Liability
$500,000 - Liability Under Forest Fires PRevention Acts
$5,000,000 - Third Party Liability
$40,000 ($1,000) Legal Liability for Damage to Hired Automobiles
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$25,000 ($1,000) - Employee Dishonesty
$10,000 ($1,000) - Loss Inside the Premises
$10,000 ($1,000) - Loss Outside the Premises


Any suggestions and/or opinions?

[executive1]

Most commercial clients request at min. $1,000,000 Liability

[mii]

Most clients I've dealt with in upstate NY don't even ask or request verification. However, some larger companies or national maintenance companies that I've done work for request a minimum of $1,000,000 or $2,000,000 liability. Good luck in your search.