Questions

Liability Insurance

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Liability Insurance

JG ENTERPRISES
The devastation that storm Sandy created, prompted me to the following question:
What is a good insurance to protect clients property that is at my house or car because I am servicing it.?
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    OH Smeg

    Public Liability Insurance

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    1 Votes
    Deadly Ernest

    broker as it should be covered under either your public liability insurance or your professional business insurance.

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    velvetz11

    Here's something that some Insurance companies may fail to inform their clients. Read and Question: ALL your coverage. Too often claimants find out after the fact that, most of us are "underinsured," when it comes to a loss. Remember to ask for "medical payments coverage" when purchasing (full-coverage) Auto Insurance. This may not be included in your policy. The phrase "FULL COVERAGE," can be mis-leading and devistating, especially when filing a claim. Not all companies offer the same coverage under that description. No matter what type of insurance you are being offered, make a list of what type "worst case scenario's" you may be faced with. Peace of mind is the reward, to be certain you have the proper coverage for whatever your insurance needs may be. Food for thought. :)

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    info

    As Ernest mentioned, just call around to a few brokers. Prepare to be shocked, though, because to be properly covered you'll probably want it to be 'business-class' insurance, seeing as you're servicing these machines 'as a business for financial gain'. The rates are liable to be MUCH higher than residential. However, if you go residential and then make a claim, and they find out you're doing it for profit, they may just deny the entire claim and leave you SOL...

  • +
    0 Votes
    OH Smeg

    Public Liability Insurance

    +
    1 Votes
    Deadly Ernest

    broker as it should be covered under either your public liability insurance or your professional business insurance.

    +
    0 Votes
    velvetz11

    Here's something that some Insurance companies may fail to inform their clients. Read and Question: ALL your coverage. Too often claimants find out after the fact that, most of us are "underinsured," when it comes to a loss. Remember to ask for "medical payments coverage" when purchasing (full-coverage) Auto Insurance. This may not be included in your policy. The phrase "FULL COVERAGE," can be mis-leading and devistating, especially when filing a claim. Not all companies offer the same coverage under that description. No matter what type of insurance you are being offered, make a list of what type "worst case scenario's" you may be faced with. Peace of mind is the reward, to be certain you have the proper coverage for whatever your insurance needs may be. Food for thought. :)

    +
    0 Votes
    info

    As Ernest mentioned, just call around to a few brokers. Prepare to be shocked, though, because to be properly covered you'll probably want it to be 'business-class' insurance, seeing as you're servicing these machines 'as a business for financial gain'. The rates are liable to be MUCH higher than residential. However, if you go residential and then make a claim, and they find out you're doing it for profit, they may just deny the entire claim and leave you SOL...