So I got a quote back from my insurance broker for general business liability and equipment coverage. $1,000,000/$2,000,000 liability, and $5,000 equipment coverage = annual premium $600. Is this reasonable?
Or, should I join PPA and purchase their affiliated liability coverage (similar limits) and free equipment coverage? Might be a bit higher total cost but are other membership benefits worth it?
Any input is appreciated. Thanks in advance.