Are there any special requirements or documents of proof that I will need to obtain a commercial general liability insurance policy. I am starting out as a sole proprietor.
2007-01-22 13:48:48 · 6 answers · asked by j r 1 in Business & Finance ➔ Insurance
a checkbook.
2007-01-22 13:51:55 · answer #1 · answered by ValleyR 7 · 0⤊ 1⤋
Hi! I clean small offices and love it so much I made a Squidoo lens about how to start a cleaning business. It has tons of tips and resources for you. I think it even has a list of supplies you need to get started. I will tell you a few other things you need to do. You should check to see if a license or permit is required. Keyword: required. Call your local city or county clerk's office and ask. They will probably tell you that you need a fictitious business name (DBA-doing business as). Usually not required. It is primarily used to open a business bank account and so your government can assess and tax you. So, I'd wait until you are more established. Sometimes local communities do require a permit, so it's good to inquire. You really must have liability insurance or a bond. It will protect you from claims of damage or theft. The price for this varies a lot from one insurance agency to another, so call as many as you can and get quotes. Start with the small amount you can. You can always increase it.Lots more on my Squidoo lens & blog. The links are in my Profile.
2016-05-23 23:28:58 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Some other Insurance Companies require Business Permits, but others would just ask how much you make it for a year (profit). Then they will set the limits depends on what you have declared. Then ask for Workmens Compensation after that (for your employees protection)
2007-01-23 06:12:04 · answer #3 · answered by john a 2 · 0⤊ 0⤋
I would get insurance and a bond. The bond can be put forth if accused of theft while on the job. Insurance in case you break or damage property also to protect your investment of cleaning items in the event of theft.
2007-01-22 13:52:28 · answer #4 · answered by Eldude 6 · 0⤊ 0⤋
YOur biggest hurdle could be in your own neighborhood. Many homeowners' associations prohibit certain types of businesses being operated from within the community. Some cities have similar restrictions. I suggest you search your deed restrictions, HOA rules, and city codes before you continue this endeavor.
Good Luck
2007-01-22 13:58:01 · answer #5 · answered by snvffy 7 · 1⤊ 0⤋
Nope, just have a sit down with a local, independent agent. It's probably going to cost you about $1500.
2007-01-22 14:49:27 · answer #6 · answered by Anonymous 7 · 0⤊ 1⤋