Author Topic: Cheapest small business liability insurance for carpenter?  (Read 585 times)

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Offline woodwarda99

  • Posts: 7
I am a small business owner without any employees and I was looking to get liability insurance to be covered as a requirement for being a subcontractor for a larger basement finishing company in Denver. Currently paying about a grand for 300,000$ in general liability coverage, but need a minimum 2,000,000$ policy to work for these guys. Anyone got any suggestions of a Liability Insurance provider that wont break the bank for my coverage? I dont know of many and currently use Hiscox.

Offline rocky100370

  • Posts: 43
Re: Cheapest small business liability insurance for carpenter?
« Reply #1 on: June 08, 2021, 06:42 AM »
I use Columbia Insurance. Runs me $800/yr with 1mil in coverage. You can also check a company named "3" and see what they can do. Using an insurance broker may be your best bet. Good luck.

Offline Rob Z

  • Posts: 1046
Re: Cheapest small business liability insurance for carpenter?
« Reply #2 on: July 17, 2021, 06:02 PM »
I know this is a little late, but my experience with Erie was always very good.  I switched to Erie from the  mid-90's (maybe '96?) through the end of 2015.  Commercial auto, Workmans Comp, and Liability.  The annual audits to reconcile payroll with the WC totals were a breeze compared to what friends went through for their policies with other companies. On occasion when I looked at rates elsewhere, I always felt Erie was a reasonable cost.  A few no-name companies had rates lower but they were sketchy.