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General Cleaning Issues - Floorcare, car valeting, buying and selling businesses, pricing, staffing, market research, etc.

Insurance gone mad!

Posted by Happyeater (Happyeater), 12 September 2003
I've just split a business t/o around 750,000 per annum, in half. Last year we paid 1500 in insurance costs (10m and 5m employers/public liability), had no claims and this year (for half the turnover) I'm getting a 3000 cheapest quote. This is for a lower liability too (10m and 2m).

Insurance is going crazy.

Is everyone else in the same boat?
Posted by Clean_Waterless (Clean_Waterless), 13 September 2003
I looked for public liability quotes for my car cleaning business from about 15 different brokers, 2 of which actually called me back and only 1 gave me a quote!!
3860.00 p.a.
When I opened my business account with the NatWest bank they got their insurance department to quote me.
326.00 p.a @ 31.37 pm.

"It never hearts to ask"!

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