Insurance?

So who do you have liability insurance. With I've been checking most don't know what a table mechanic is or a pool table is.

Craig
 
n10spool said:
So who do you have liability insurance. With I've been checking most don't know what a table mechanic is or a pool table is.

Craig
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Craig, try Safeco, they actually have a classification for billiard mechanics, most of the other companies will try to classify you as movers.
 
PoolTable911 said:
Donnie....If you don't think you need it. Why do you have it?
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Pat, your thread was asking if its crazy not to have insurance. Personally I don't think you need it, to answer your question. Secondly, you ask why and stated a few reason why I don't think you need it. I have insurance because I have a warehouse that requires it. Having a warehouse with power tools is completely different than using a staple gun at someones house. I also have one good account that requires it. I've thought about taking the $750 I spend for the warehouse and getting a bigger house with a 3-car garage and RV access and I wouldn't need the warehouse and If I lost the account then I might not need the insurance.

In response to what Rick said. If someone ask me for a certificate of Liability or to be additional insured I will definite charge them as least $50 more.

What sucks is Fullertion State College contacted me and asked to do work. I spend $75 a month for $1-million coverage, that I don't use, and that wasn't enough for Fullerton State College, they wanted 2-millions in coverage.
 
sdbilliards said:
yeah, $20,000 is a huge. Did you actually have a $20K claim? Just curious what your rates in your part of the country. How were your rates affected after the large claim? and was your insurance cancalled.

I pay $75 per month for liability insurance, $75 per month for Commercial Auto Insurance, $5000 a year for Workers Comp (when I had employees) and $475 for Health Insurance. I think paying all this money is bullshit. The only thing that I ever used was health insurance. But like you guys said certain jobs require insurance and that's the only reason why I have it.
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Donny you were paying 5000 a year into workmans comp. Ouch
As a sole proprietor i don't see the need for that
 
Jim Vondrell said:
Donny you were paying 5000 a year into workmans comp. Ouch
As a sole proprietor i don't see the need for that
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No insurance company would insure me because the company was too small. One employee. So you have to go the state which is State Fund Workers Comp. They have a minumum, which is $5000, I probably could have had 5 employees and it would have been the same. Workers comp insurance would have put me in the red. I never got it. I decided to hire people that I thought were cool and pay for there health insurance instead. I have had employees get eye infections from falling pocket debris, back injuries and finger cuts. I took a chance not having the worker comp and it made me nervous to the point were I stopped having employees all together. I think not having workers comp is a much bigger risk than not having liability. One thing I don't want to do is have so much overhead where my quality suffers because I have to do more tables in the same amount of time.
 
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