Insurance?

I'm looking for a new insurance compnay for our business. We had State Farm but yesterday they told me my policy was going to $2700 a year, it was only $400 a year. No claims! They just said they  will be changing the policy from misalanious to contactor policy? I few other small business I know such as land clearing said that was crazy. What do you all think?

FuzzSucker wrote: I use allied insurance.  $700 a year 2mill policy.

Safeco has a similar policy (couldn't be the same 'cause then it would be from Allied) for the same price.  I have seen a policy online that is more like a $50k policy which is more in line with what residential cleaners would need, from some organization of businesses that apply chemicals (including landscapers and carpet cleaners).

Anybody know about this group? http://www.insurechem.com

I called around looking for cheaper.  Never found any, and everyone told me you cant buy a poilicy at under 1 mil and the 2 mil was $5 more a year. Might as well.  Then you can tell your custys that when you burn thier house down, by accident, they get 2mil instead of 50k.

Edited by FuzzSucker - 07/January/2009 at 12:04am

Yes, I thought $2700 a year sounded way crazy!!! $300,000 coverage...State Farm

I'm using State Farm and they only charge me $61 a month for $100,000 coverage. Hmmm. This includes liability and any damage to my equipment. There is a $1000 deductable though.

That's odd that they would charge you $2700 a year.

2 mill policy through Hartford little under $700 a year.