Workmans Comp Price

Andy Hinson

Andy Hinson

New member
I am trying to get prices for ALA.PRO WASH as a division of another LLC . The company holding my other business quoted me $ 1100.00. The others won't quote unless they quote both business's. So. How does the $1100.00 price look?
 
If you are operating as a dba such as:
Acme Co LLP
DBA Concrete Cleaners of Ohio
DBA Restaurant Cleaning Services of Ohio

etc, it should not effect your WC or liability if all your receipts and payroll flow through the parent Acme Co LLP.

If all of a sudden you add
DBA Professional Skydiver Instructors of Ohio
It will make the underwriter's heart skip a beat. And throw up a major flag. Ultimately it's up to the underwriter to make sure it's a related type of a business and makes sense. And there are some pretty goofy underwriters.

The $1,100 for a base doesn't sound out of line. Just remember they will audit you at the end of the policy and adjust your premium. The biggest mistake agents make is miss-classification of the WC. Putting your employees in a higher risk category can make a huge difference in a premium. Which puts more cash in the agents pocket.
 
Sorry. I screwed up on the title Should have said GENERAL LIABILITY. I own BAD AXE FORESTRY MOWING,LLC. I have a grinding head and basically turn small trees and brush into mulch. I am adding Ala. Pro Wash under this LLC. The price I got was for general liability $1100.00. In addition to the $2400.00 for BAD AXE.
 
That's a different scenario. Their exposure in a claim is expanded so additional premium would make sense to me.

I had a different situation. I had a construction business and wanted to add the power wash company as a DBA for marketing purposes. They came back with an additional charge for liability. I argued that I could rent a power washer and turn a 18 year old loose with it in the construction business and I would have coverage. But if I wanted to DBA as a professional washer company and used trained people with correct methods it would require additional premiuim? Why? I actually pursuaded the underwriter and they added the DBA with no additional premium. Sometimes they listen.
 
I am paying around $750.00 per year for commercial liability with 1 million in coverage, that is what I had last year but I asked them for a quote for raising it to 2 million.

I also have equipment covered for around the same price so if something is stolen or vandalized or burned, I am covered.

I checked into Workmens comp and they wanted around $3500 per year which I think is way too high, what about you guys?





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Superior Power Washing<O:p</O:p
Chris Chappell<O:p</O:p
361-853-2513
Low Pressure Roof Cleaning in Corpus Christi Texas<O:p</O:p
Shingle Roof Washing and Tile Roof Washing in Corpus Christi Texas
 
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