Comments on: Commercial Business Property Insurance

By: Justin S

Justin S — Mon, 20 Apr 2009 19:06:16 +0000

Yes they can. I wish they didn't. Just tell me how much my rent is. Don't surprise me with CAM charges that i have no control over and don't even know if they needed to be done.

By: porksoda103

porksoda103 — Mon, 20 Apr 2009 15:01:15 +0000

My answer would be C. Business Interruption Insurance.

Here is my reasoning:

If you are an agent selling a policy to your customer, the other 3 items are all coverages where claims would result in payments to other parties. A claim under business interruption coverage would trigger a payment to YOUR CUSTOMER for his loss of business income following a claim.

By: Mike P

Mike P — Sat, 18 Apr 2009 16:41:34 +0000

By: Jason F

Jason F — Sat, 18 Apr 2009 06:39:00 +0000

I would get Dental Insurance cuz what ifs they falls of there horses and they bust a tooth. Its more happenable that they would bust a tooth than to break a leg. Dos you want to be payin for somebody to be havin tooth work done? I knows I wouldn't.

By: Patrick C

Patrick C — Fri, 17 Apr 2009 23:06:16 +0000

The easiest way of doing this would be to call a few insurance providers and ask them for quotes.

Your premium is going to depend on the type of business you're doing and type of coverage you want. It's also going to be highly sensitive to location. Get in touch with local brokers and shop around.

By: puru

puru — Fri, 17 Apr 2009 19:57:52 +0000

Consider this scenario. You cause an accident which puts someone out of work for the rest of their life and causes very high medical bills. The courts can take everything except one car, basic household furnishings, the value of your house over $150,000 (which means if your house is valued higher you might have to sell), and up to 30% of your wages for the rest of your life.

Do the math. Figure the amount of your assets and estimate 30% of your future earnings. That is what is at risk. Now figure if the premium for an unbrella is worth it.

By: T Lady

T Lady — Fri, 17 Apr 2009 13:04:02 +0000

Whole life insurance pays the most commission – sometimes as much as 110% of the first year's premium. It doesn't matter where you locate the office, because it's all about sales – cold calls, mass mailings, radio advertisements, etc. It's HARD WORK.

NY is a tough state for insurance companies to be in; I haven't heard about problems in VT, though.

By: Sherman

Sherman — Fri, 17 Apr 2009 11:41:21 +0000

By: Dell

Dell — Fri, 17 Apr 2009 10:44:39 +0000

Only if the business is a corporation, and you are ACTUALLY transferring the stock. IE, nothing changes except the CEO.

Otherwise, policies are not normally transferrable. They have to be cancelled & rewritten for the new owner.

By: rhemares

rhemares — Fri, 17 Apr 2009 04:10:25 +0000

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