My insurance company is Smith Feike-Minton Inc. and they got my business insurance thru Acuity... My payments are $74.75 4 times a year. General Liability, 1 million. I dont know if it makes a difference, but I have been with SFM for 13 years.
Even if you dont have employees some commercial companies require bonding anyway. They feel you will eventually hire someone. So far that is the first question I have been asked during a walk through. They seem to feel more at ease.
Post by www.cmpropertymaint.com on Aug 29, 2008 10:44:34 GMT -5
True savings with ijcsa and their sponsored insurance Allen Financial Insurance Group ask for their IJCSA Forms we got 2 mill liability/2 mill aggregate 2 employees with a payment plan and saved $167 over our current carrier with only 1mill / 2mill aggregate $25,000 Bond For $170.10 2 employees with a savings of over $150 on the same bond with western surety group. www.cmpropertymaint.com Look for their link on IJCSA Insurance Page you wont regret that you did the savings alone has sold me. they will assign a sales rep to respond to you that handles IJCSA accounts he is very prompt in any question you may have. Results will very for your fiscal location and the standard risk assessment of your county
James Pallante, Sr. Account Executive Allen Financial Insurance Group P.O. Box 9957 Phoenix, AZ 85068 Ph: 602-992-1570 Fax: 602-992-8327 email@example.com
Post by niravpatel7 on Mar 29, 2009 13:16:23 GMT -5
we have 15 full time employees on our payroll. when we undertake construction clean-up jobs, we hire from agencies for the job. the agency workers are insured by the agency, and we don't have to worry about insuring them. however for all our full time employees we pay $9,800.00 in worker's compensation insurance with $1 million in coverage , general liability and Auto insurance with $ 3 million in coverage. In addition we also pay 3.5% of total job cost in payment and performance bonding which runs to approximate $19,000.00 per year. We are looking to cut our insurance costs. Is there a good insurance company that could quote us a good competitive price.
Post by whiteglovecleaning on May 27, 2009 11:54:09 GMT -5
We are a small residential/business cleaning company (2 part time employees) and I am worried that I should have unemployment insurance after one of them fell yesterday and hurt her knee so bad she's in the dr. office as I type this. The thought had never crossed my mind until now. Where we are (New Mexico) you are not required to have it if you have 2 employees, as the owner can opt out, but I am worried anyway. Any guidance or suggestions?
It is actually , Workers Comp. You may not be required to have it but you should. Its like any other insurance. If you do not have health insurance than you pay for services rendered to you when you go to doctor. If you do not have car insurance and you wreck your car, you have to pay for the damages. If you have employees and are in the general cleaning category than it will probably be around 5% or $5 on every hundred that you pay employee. Its really not that much when it comes to having less stress worrying about paying for an employee that has injured their self on the job. Window cleaning is much higher . Check with your agent to see exactly what yours will cost. Its to late for the injury already in existence. My guess is that you will be liable for all bills related to it. Also workers comp does drug test on injured employees . If drugs were present than they may not pay at all.
Last Edit: May 27, 2009 22:20:15 GMT -5 by logan5127