Shopping for insurance....

StrictlyPalms

I'm shopping for an insurance company to cover the business, quotes seem to be all over the place. My first one which I can't find was for around 800.00 per year.

This is one I just received.....

Is 2 million too much? I don't mind paying for the right coverage but I'd rather not pay out the ass for over-coverage.
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General Liability:
$---2,000,000 General Aggregate
$--- Included Products/Completed Operations Aggregate
$---1,000,000 Personal Injury/Advertising Injury
$---1,000,000 Each Occurrence Limit
$--- 50,000 Damage to Premises Rented to You
$--- 5,000 Medical Payments
$--- ** 1000 BI/PD Deductible Per Claimant **
99777 - Tree Pruning, Dusting, Spraying, Repairing, Trimming or Fumigating
----- Number of owners ------ 1 (16,700 payroll)
----- Payroll ------ 55,000

Down Payment: $537.94 ($30 svc fee incl)
8 Installments @: $194.03
Base Premium:
Policy Fee:
Tax:
Total: $1,926.78


* Excludes Professional, Nuclear Energy, War, Punitive, Exemplary, Asbestos, Silica, Lead, Toxic Substances, Total Pollution, Radon Gas, Mold, Spores,
Fungus, EIFS (Exterior Insulation Finish Systems) or Synthetic Stucco, Biological or Chemical Materials, Known Injury or Damage, Property Damage Claims
in Progress, Participants, Assault & Battery, Abuse or Molestation, Liquor, Communicable Disease, Employment Related Practices, Leased Workers,
Voluntary Labor, New Entities, Subsidence / Earth Movement, Oral Contracts, Roofing, Radioactive Contamination, Electromagnetic Fields, Hired & Non
Owned Auto, Injury To Contractors / Independent Contractors / Subcontractors, Year 2000 Computer Related and Other Electronic Problems, Violations of
Statutes That Govern E-Mails / Fax / Phone Calls. Classification & Contractual Liability Limitations Apply and Minimum and Deposit Premium Endorsement
Applies. Terrorism is excluded unless coverage is purchased per the requirements of the Terrorism Risk Insurance Program Reauthorization Act of 2007.
Consequential losses resulting form damage to any power or communication lines is excluded.
This Premium is 25% Earned
The Term quoted is: Twelve Months
ATTENTION: The FHCF (Florida Hurricane Catastrophe Fund Emergency Assessment) of 1% is included in the above tax
amount.

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Strictly Palms, Inc.
Orlando, Florida USA

Garry Brockley

We have to have a minimum of £5000,000 cover in uk mine is £10000,000 because i do local authority work i pay £1200 per year and talking to other co's that is about standard here.
The premiums are kept up by the hacks and farmers cutting legs off ect.

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