How much does business auto insurance and basic liability cost?


Question:
I am in CA, and I am doing a school project. the business is only 3 people including myself and the auto would only be one 2001 work van. its a pet sitting business so there are very little assets( under 20,000). Even a good guess would be appreciated. thanks a lot
To be honest, there isn't a single person who could answer your question in AnswersRoom.com unless they were at work (an insurance company) and ran a quote for you. There are many many variables that are fed into a risk probility formula to determine your annual premium.

Things to consider: Prior accidents or claims for all 3 of you, what city in CA, how many miles per/yr would the vehicle be driven, how far from the registered business address would it go, is your business sitting on a fault-line, ect. Break out a phone book and start calling around. There are more than enough companies that will offer a free quote over the phone to get your business. When I got my own first auto policy, I literally called about 20 companies to compare. The differences in quotes between minimum and maximum were over 40% variation. It's best to shop around. Good luck in your venture.
More Questions & Answers...
  • Will my auto insurance go up if I get a ticket at California even if I'm a Michigan resident?
  • Fault in Auto Accidents?
  • Will auto insurance pay for mechanic negligence?
  • I have to renew my auto insurance policy next month, Do I have to repay the down payment ?
  • Do i need to purchase a bond in order to become a auto insurance broker?
  • How long to claim an auto accident?
  • Could you still get auto insurance under your name even though you dont have a drivers license?
  • Where can I find auto insurance fraud statistics online?
  • The questions and answers post by the user, for information only, AnswersRoom.com does not guarantee the right
    Copyright © 2007 AnswersRoom.com -   Terms of Use -   Contact us

    Hot Topic