I'm having trouble finding insurance for my Single Member LLC. I'll be a self employed field service operation. PLCs, VFDs, etc., Troubleshooting, modification, retrofits, some contract programming jobs, etc.
I've been turned away by everyone I've requested a quote from. It's as if what I'm doing is a totally abstract concept and wildly dangerous to them; they don't know how to insure it and are frankly terrified of the liability. As soon as I tell them I work on machines powerful enough to chew a man to bits if I do something wrong, they're out. But isn't that what insurance is supposed to be for? If I was opening a restaurant, there's opportunity for me to poison people if I don't cook the food right. If I open a trucking company, there is a very real possibility that at some point in 20 years of operation, at least one of my trucks will plow into the back of a line of parked cars, resulting in multiple fatalities. That's what insurance is for. But not for me, apparently.
I did get one quote, but upon close examination, it was obvious they hadn't listened to a thing I said. I told them its a mobile operation with no physical premises other than my home address, where I park my service vehicle. The quote was general liability obviously geared toward a business premises, with line items for things like asbestos coverage and mold coverage.
So I'm curious who you guys use for insurance. I want my tools covered against destruction/theft/etc. and I want $2M in liability on my work (while I'm on-site working, and for a period of time after the work is complete) for if something goes wrong and I get sued.
I've been turned away by everyone I've requested a quote from. It's as if what I'm doing is a totally abstract concept and wildly dangerous to them; they don't know how to insure it and are frankly terrified of the liability. As soon as I tell them I work on machines powerful enough to chew a man to bits if I do something wrong, they're out. But isn't that what insurance is supposed to be for? If I was opening a restaurant, there's opportunity for me to poison people if I don't cook the food right. If I open a trucking company, there is a very real possibility that at some point in 20 years of operation, at least one of my trucks will plow into the back of a line of parked cars, resulting in multiple fatalities. That's what insurance is for. But not for me, apparently.
I did get one quote, but upon close examination, it was obvious they hadn't listened to a thing I said. I told them its a mobile operation with no physical premises other than my home address, where I park my service vehicle. The quote was general liability obviously geared toward a business premises, with line items for things like asbestos coverage and mold coverage.
So I'm curious who you guys use for insurance. I want my tools covered against destruction/theft/etc. and I want $2M in liability on my work (while I'm on-site working, and for a period of time after the work is complete) for if something goes wrong and I get sued.