Insurance Advice(new salon) - tanTALK

Snakedoctor · 12-12-2003, 03:54 PM

can anyone offer advice on how much coverage i shld elect on liability, bldg contents, etc. i am opening a new salon, 5 beds, very basic. my contents shldn't be a tremendous amt. if i had to replace them, i am not sure about liability; 500,000, 1,000,000, or what amt. any help to get reasonable ins. rate....thanks alot

ALOHATANCA · 12-12-2003, 03:59 PM

Your lease might have these requirments in it as mine did...call gls underwriters and they can help you figure this out..800-653-1450

Snakedoctor · 12-12-2003, 04:16 PM

there are no stipulations in my lease.

ALOHATANCA · 12-12-2003, 04:24 PM

not even for fire? WOW... not like that in california....

Snakedoctor · 12-12-2003, 04:48 PM

shld i carry 1,000,000 gen liab. or less such as 500,000.....

ALOHATANCA · 12-12-2003, 05:05 PM

okay babe lets see what the heck I have; 500.00 deductible contents 100,000
earnings 100,000
liability 1,000.000 this includes bodily injury,property damage
each occurance 2,ooo,ooo
professional liability 300,000
fire 300,000

I hope this helps you...Linda

_________________
[ This Message was edited by: ALOHATANCA on 2003-12-12 17:05 ]

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12-12-2003, 03:54 PM	#1 (permalink)
Snakedoctor Join Date: Oct 10 2003 Posts: 20 Rep Power: 0	can anyone offer advice on how much coverage i shld elect on liability, bldg contents, etc. i am opening a new salon, 5 beds, very basic. my contents shldn't be a tremendous amt. if i had to replace them, i am not sure about liability; 500,000, 1,000,000, or what amt. any help to get reasonable ins. rate....thanks alot

12-12-2003, 03:59 PM	#2 (permalink)
ALOHATANCA Tan Talk Industry Pro member Join Date: Nov 14 2003 Location: CALIFORNIA Age: 54 Posts: 3,455 Rep Power: 13	Your lease might have these requirments in it as mine did...call gls underwriters and they can help you figure this out..800-653-1450

12-12-2003, 04:16 PM	#3 (permalink)
Snakedoctor Join Date: Oct 10 2003 Posts: 20 Rep Power: 0	there are no stipulations in my lease.

12-12-2003, 04:24 PM	#4 (permalink)
ALOHATANCA Tan Talk Industry Pro member Join Date: Nov 14 2003 Location: CALIFORNIA Age: 54 Posts: 3,455 Rep Power: 13	not even for fire? WOW... not like that in california....

12-12-2003, 04:48 PM	#5 (permalink)
Snakedoctor Join Date: Oct 10 2003 Posts: 20 Rep Power: 0	shld i carry 1,000,000 gen liab. or less such as 500,000.....

12-12-2003, 05:05 PM	#6 (permalink)
ALOHATANCA Tan Talk Industry Pro member Join Date: Nov 14 2003 Location: CALIFORNIA Age: 54 Posts: 3,455 Rep Power: 13	okay babe lets see what the heck I have; 500.00 deductible contents 100,000 earnings 100,000 liability 1,000.000 this includes bodily injury,property damage each occurance 2,ooo,ooo professional liability 300,000 fire 300,000 I hope this helps you...Linda _________________ [ This Message was edited by: ALOHATANCA on 2003-12-12 17:05 ]

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