i want to start a small cleaning business and want to know what are the things i need to put into place.
2007-04-29 15:11:21 · 4 answers · asked by Helen g 1 in Business & Finance ➔ Small Business
Go to an insurance company that works with commercial insurance.
2007-05-03 12:59:49 · answer #1 · answered by Anonymous · 0⤊ 0⤋
OK, search the "bonding" questions on this thread, because it doesn't mean what you think it means, and it's pointless for a cleaning service unless you have a contract which specifically requires it - which is usually a GOVERNMENT contract. The insurance will run you about $1,000 to $1500 a year, assuming you have gross sales under $75,000 and only one or two people cleaning. You're going to have to get an exact quote from a local agent.
2016-05-17 05:41:32 · answer #2 · answered by ? 3 · 0⤊ 0⤋
I applied for liability insurance a while back, and the recommendation was that your payments should be 1% of your annual earnings, and that you should get 1x earnings so that you can replace, if necessary, a year's worth of earnings.
I con't know if this is a good recommendation but it's something to go on.
Talk to someone at Marsh Affinity Group services -- that's who I talked to. Good luck!
2007-04-29 15:17:24 · answer #3 · answered by Don M 7 · 0⤊ 0⤋
Based on my experience (no claims) I am guessing about $350 for you from Hartford Insurance Co.
2007-04-29 16:23:53 · answer #4 · answered by Rich Z 7 · 0⤊ 0⤋