Who do you have your business insurance with? What do you pay monthly?

Discussion in 'The Think Tank' started by sharkinthesalsa, Jul 23, 2018.

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  1. sharkinthesalsa

    sharkinthesalsa New Member

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    Starting to try and get a few quotes in Texas. I am wanting to know your insurance stories. Also, can yo roughly tell me what you pay monthly? I'm working on the financial portion of my business plan and need an rough idea of insurance costs. I'll have under 10 employees and I will serve beer only. Thanks everyone
     
  2. bodegahwy

    bodegahwy Well-Known Member

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    Will you be delivering?
     
  3. sharkinthesalsa

    sharkinthesalsa New Member

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    no sir not to begin with.
     
  4. Joe

    Joe Active Member

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    Who are you guys using for Non-owned delivery insurance for your delivery drivers and what do you pay annually?
     
  5. Steve Amlani

    Steve Amlani New Member

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    For non owned auto I am using Berkshire Hathaway. For three locations I pay about 10k total annually in southern california. We do about 50% of our business as delivery.
     
  6. famousperry

    famousperry Active Member

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    workers comp for your state will likely throw numbers off as well as # of employees and delivery...we are pushing $800 per month all in
     
  7. famousperry

    famousperry Active Member

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    $10K for all 3 locations? Does that include workers comp as well? Thanks!
     
  8. Steve Amlani

    Steve Amlani New Member

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    No. That is just for our non owned auto policy. I am paying a little over 4% for workers comp
     
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  9. Jen

    Jen Member

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    I own a pizza place in Wisconsin and my husband is an insurance agent if anyone is looking for info or a quote in Wisconsin let me know. He obviously has a lot of knowledge about the business and can help you with all your needs. Let me know if anyone would like his number.


    Sent from my iPhone using Tapatalk
     
  10. Joe

    Joe Active Member

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    Yeah they had a great quote and almost went with them but at the last minute I ended up getting a deal with State Farm for $121/month!
     
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  11. famousperry

    famousperry Active Member

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    thanks for the clarification Steve, we pay about the same $2900/yr for hired/non-owned (workers comp @ 2% is about $6K and commercial package $3.5K)
     
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  12. Steve Amlani

    Steve Amlani New Member

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    Good rates. What state are you in? I am in Southern California