How much is your General Liability policy cover?

I'm looking at a few quotes, and just wondering what you may be using in your business. Our business is small, just myself and my wife.

Just curious. Thanks

you will get more replies in the business section...

my policy is 1M/2M for liability, about 10k in gear plus rental coverage and all the usual coverage stuff like lost wages, etc...

Statefarm, about $300 per year..

Thanks Mike, didn't see the biz section! will check it out. Thats much lower than what I was looking at with Hiscox. I didn't realize Statefarm did photographer related insurance.

What was the vale of the cover from Hiscox - especially elements like excess? The amount of any excess can make a huge difference on the cost.

Dan Marchant wrote in post #17887835
What was the vale of the cover from Hiscox - especially elements like excess? The amount of any excess can make a huge difference on the cost.

Not sure what you mean regarding excess;
General Liability : $435.00
Damage to someone else’s property (including $100,000 per rented space)
Injury to a third party, including related medical expenses
Actions of your staff, including temporary employees
Includes optional business property and equipment coverage

Limits/Deductibles selected:
$1,000,000 per occurrence / $2,000,000 aggregate
No deductible for General Liability coverage
$500 deductible for Business Property and Equipment coverage

Business Property and Equipment Coverage
$5000 with $500 deductible

I played around with the numbers a bit; but it didn't seem to go down much lower. I probably need to adjust the equipment coverage to 10k

javapop wrote in post #17888017
Not sure what you mean regarding excess;

May not have it in the US but in the UK when you make a claim you may have to pay the first $X of the claim. That amount is called the excess. Different policies have a greater or lesser excess. The larger the excess you agree to pay the lower your premium is.

Dan Marchant wrote in post #17888064
May not have it in the US but in the UK when you make a claim you may have to pay the first $X of the claim. That amount is called the excess. Different policies have a greater or lesser excess. The larger the excess you agree to pay the lower your premium is.

Like a deductible it appears! For equipment, if I have a $1000 deductible, it lowers the rate.