K
Business Insurance
slammedxonair
+1y
hello everybody and anybody who owns a shop. ive been building minis on the side for a while now and i have opened an online store. we long story short im getting a new shop to do installs and start producing my own parts. i can not get business insurance for the life of me. all i have been hearing is that its because its a new business and others say to much of a liability. am i describing to them wrong what i will be doing lol. any suggestions anybody? thanks
slammedxonair
+1y
my bad i ment to put this in general forum must have been lookin at something else when i did it. a mod can move it if need be. sorry.
BioMax
+1y
You will never find insurance if you tell them that you work on suspension systems. There is no way around it.
I did get a quote once for $20k a year...
I did get a quote once for $20k a year...
slammedxonair
+1y
Edited: 4/4/2007 3:23:09 PM by slammed x on air
Edited: 4/4/2007 3:11:25 PM by slammed x on air
ok thanks man. i have a couple writers trying to change wording but what is the bet thing to say. ive been telling them im an auto custom shop they ask exactly what i do. i tell them the basic custom work and stuff like that and sell custom parts. im getting a cnc plasma system so i tell them im going to be making small tabs and brackets along with signs and metal art. they say that they wont cover manufacturing of suspension systems. and lowering vehicles. Max do you have any sugestion on better wording i could tell them. thanks alot
i also just got a call from an agent said she found a company for $15gs a year
Edited: 4/4/2007 3:11:25 PM by slammed x on air
ok thanks man. i have a couple writers trying to change wording but what is the bet thing to say. ive been telling them im an auto custom shop they ask exactly what i do. i tell them the basic custom work and stuff like that and sell custom parts. im getting a cnc plasma system so i tell them im going to be making small tabs and brackets along with signs and metal art. they say that they wont cover manufacturing of suspension systems. and lowering vehicles. Max do you have any sugestion on better wording i could tell them. thanks alot
i also just got a call from an agent said she found a company for $15gs a year
slammedxonair
+1y
i know theres more shops on here if you dont wana post email me brian@illusivefabrications.com thanks everybody
BioMax
+1y
I got insurance once by telling them that all I did was build prototype parts for other companys. They insured me then sent someone down to see what I was really doing...
The problem is even if you lie to them and get insurance, they will never cover you once something does happen.
The problem is even if you lie to them and get insurance, they will never cover you once something does happen.
bdroppeddak
+1y
just get incorporated so when someone does something stupid, sues you, wins, all they get is what you have in the shop, and not your house, life savings, children, and 2 nights with your wife......
slammedxonair
+1y
Edited: 4/10/2007 7:01:25 PM by slammed x on air
ok so i think i have this insurance stuff worked out. should be opening the new shop in about 3-4 weeks hopefully. been working on it for over a year now.
ok so i think i have this insurance stuff worked out. should be opening the new shop in about 3-4 weeks hopefully. been working on it for over a year now.