Insurance and bonding companies - Cleaning Talk - Professional Cleaning and Restoration Forum
 
Thread Tools Display Modes
post #1 of Old 12-12-2011, 06:38 PM Thread Starter
Junior Member
 
Join Date: Dec 2011
Posts: 10
Insurance and bonding companies

Hello,

I am looking to start a residential cleaning business with my wife and need to get liability insurance and bonded. I live in Florida. I have tried searching google and called various comparison insurance quote companies and tried searching this website for various companies that I could contact to get these services, but I have only seen various prices people might be paying for these services vs. the actual companies that I might need to contact. I would really appreciate if anyone on the forum could point me in the right direction. I am looking for something affordable and has a good repuation, but it does not have to be some big major insurance company by any means.

From what I looked at, I might be able to have a 10,000 bond and 100,000 insurance. Ideally, I would like to have 1M for the insurance coverage but I am not sure how big a jump in price that is and might just want to keep my costs as low as I can. If the 1M coverage is worth it when comparing the costs, then I will surely consider it.

Also, about employees working for the company. I read that you have to pay for WC insurance if you have any employees working for you in this field and there seems to be no way around it. Is there any way to 1099 somebody as an independent contractor or anything like this and not have to pay extra fees for WC.

Please PM me if you would like to let me know any companies that might be able to help me with the insurance and bonding.

Thank you so much for your time.

Peter
vbpete888 is offline  
Sponsored Links
Advertisement
 
post #2 of Old 12-12-2011, 06:52 PM
Member
 
eng84ine's Avatar
 
Join Date: Nov 2011
Location: New Jersey
Posts: 50
Pete,

I went through Moody's insurance website, www.moodyinsurance.com They are a nationwide company and I feel like they really listened to me and took care of my needs. We live in NJ, have a $1M general liability insurance policy and pay around $750/yr. Good luck with whoever, you decide to go with.

Mike
eng84ine is offline  
post #3 of Old 12-12-2011, 07:07 PM Thread Starter
Junior Member
 
Join Date: Dec 2011
Posts: 10
thank you

Thank you so much for the reply. I did some more digging and found this one as well on the website, http://www.bisa-inc.net/products.html and another local independent contractor in arizona, http://www.diemerinsuranceagency.com/ Not sure who has the best prices or who can insure people living in Florida, but it is great start. I like to plan ahead and I know getting this part setup is the first step along wiht my state business licensing requirements. Thank you so much for the help and i hope some other people could chime in and point me in the right direction of a few more companies that might be worth looking into.
vbpete888 is offline  
Sponsored Links
Advertisement
 
post #4 of Old 06-11-2012, 03:52 PM
Member
 
OSAJanitor's Avatar
 
Join Date: May 2012
Location: Phoenix AZ
Posts: 47
Insurance

Next time you renew your insurance, look into Farmer's Insurance. I have $1MM/$2MM for liability and $5M for employee bond. Their prices are very reasonable (I pay $140 per month) and responsive to add your customers as additional insured.

Best of LUck.

OSA Janitorial Services
Phoenix, AZ
602-451-9322
OSAJanitor is offline  
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Cleaning Talk - Professional Cleaning and Restoration Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in










Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Similar Threads
Thread Thread Starter Forum Replies Last Post
Bonding Vs Insurance discountcleaners Business 6 01-27-2013 01:15 PM
insurance and bonding companies vbpete888 Residential Cleaning 5 03-04-2012 06:29 PM
insurance or bonding? Elite Floor Care General Discussion 18 05-12-2011 12:11 AM
Insurance & Bonding bluefish Business 1 04-20-2010 09:14 PM
Bonding and Liability Insurance Superior Housekeeping Business 2 05-27-2007 08:40 AM

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

 
For the best viewing experience please update your browser to Google Chrome