i like to pay the yearly amount up front (for a discounted rate). i paid $1271 for GL and E&O last year.
what are you guys paying per year for this? i keep hearing E&O is where inspectors get hit. So this year im thinking of going state minimum on GL. Not sure how much i’ll need for E&O. I have been in business 2 years with no claims so far (thank God).
i know insurance is a racket but has anyone here dealt with a claim? i wanna be ready if that ever happens. Do i even need E&O? my policy has a $2500 per claim deductible