Insurance Woes

[Ny finest]

Hi All,
I have a problem with finding affordable ins. coverage around here.
Any tip or reccomendations?The companies in this area seem to make it a point to rip us off($816/mo).I live in western NY,although I don't know if that means much to ins. co's.
Thanks any help would be appreciated

 

[Redbull]

:jawdrop:

 

[Nickrosis]

Ask the other companies in the area, maybe some can weigh in here.

 

[Newfie]

What are you insuring? A little more specifics might help us determine if you are really getting ripped off.

Are we talking liability, commercial auto, inland marine,etc?

 

[Ny finest]

Just 1mil liability ins
since there are only a handful of carriers nationwide I thought there would be a common carrier that was affordable.

 

[Ny finest]

Sorry
Business ins,liability for landscaping services lv3(cat for tree work?)

 

[Lumberjacked]

We pay ~$240.00 per month just for the liability($1 million), plus comp etc. I cant imagine $800+ per month. I'm not at the office now but I can look to see what company we are with tomorrow and let you know. I am located in CNY so I cant imagine that a 2 hour drive can equate to $600 more a month.

 

[Newfie]

Just for liability, that does seem like a lot, but if you have a large payroll or high gross reciepts (depending on how your company determines premium). The old adage " the more you make the more they take".

Possibly being penalized for less than 3 years experience or poor claims history?

Could be a combination of all of the aforementioned factors or you could just be getting screwed by your agent who chose the most expensive quote in order to increase his commission.

 

[treeman82]

For 1 mil in liability insurance only I am paying out $5,200 per year.

 

[SCE1966]

Laiability is cheap usually, its work comp that kills ya.