What type of insurance do you need for a small plumbing business and what does bonded mean

Answers:2   |   LastUpdateAt:2017-06-20 01:39:52  

Question
Tired.. like n1. Shefu 嘚 .
Asked at 2011-12-10 22:01:31
What type of insurance do you need for a small plumbing business and what does bonded mean
Answer1HarrieAnswered at 2011-12-10 22:25:46
Plumb Insurance My answer must be general because it is from another state to issue the state. There are different types of bonds. Contractors are usually required to provide a link in compliance with any federal or state laws . Very often a bonus license and permit will be required by your state, local ordinance or regulation as a precondition for granting a license to engage in a particular business . If you are lucky your state may require a deposit in the general area of ​​$ 10.000 to 25.000 limit. The requirements are very specific limits on liability and for related coverage that may be specific state , such as workers compensation . You should be able to get the guildlines department that oversees the general contracting licenses . Your best bet is to work with an agent that can best meet your specific needs. Consult with other contractors who can recommend an agent who is doing a good job for them . Note, the cost will depend on a number of factors, including but not limited to how they are classified for purposes of insurance rating . A plumber who is heavily involved in underground drainage and may be more expensive than a residential plumber who is primarily doing faucets, water heaters and related work.
Related Questions
1
  • Answer This Question:What type of insurance do you need for a small plumbing business and what does bonded mean