Business liability insurance should be about $1000-$1500/year. Auto quote would depend on your details.Stock R wrote: ↑Apr 14th, 2015 2:08 pmI'm looking at setting up a consulting business for engineering consulting services. This is only for a side business by either myself and maybe my wife. income would be predicted at less than $20ka year and vehicle usage for business would be 10%. Only assets would be the car and anything else in the home office.
What kind of rates would I be expecting for business liability and business car travel?
Since the anticipated income is so low, it would seem crazy to pay a large percentage of income for insurance. Eg. I'd rather not claim the vehicle for business usage, etc.
All posts on this forum are for information purpose only and can't replace your policy contract. Please contact your own broker, agent or company before acting on my suggestions. There is more to insurance than just price!