What sort of liability insurance does one need for a sole-proprietor HVAC Repair business

Answers:

(CGL) Commercial General Liability

The type of insurance you need is called "Commercial General Liability" also sometimes referred to as "Contractors Liability Insurance"

As an Sole Proprietor providing a repair service you are considered to be engaged in a commercial activity. This type of repair usually comes as a service or repair contract, hence the contractor reference

Good luck
 

Answer

A local Insurance Broker is the best way to find business insurance. They are not a captive agent like Farmers, State Farm and Allstate. They have the ability to shop the market to get you the best rate. BE CAREFUL-some charge a brokers fee. Get that information up front. It can be up to 10% of the premium amount. Research a brokerage that doesn't charge fees and has a wide market. This will get you better rates.
 

Answer

Your state insurance department is your best resource for insurance-related questions and concerns. Find information on insurance companies and agents, rate quotes and comparisons, insurance buying tips, claims filing information and much more!

State Insurance Department websites can be found at the Related Link below. Liability insurance protects the insured from claims resulting from property damage or personal injury claims. For small business's most agents, captive or independent can be a resource to secure such coverage.
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