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liability insurance...
#3
Although I'm down under, I carry $20 mill; PLI

This costs me about US$900.00 pa.

AU$10 mill is the general min amount to work in many comm; properties here.

AU$20 mill; in some, but few and far between.

At the moment.

To put this into perspective, we pay a lot more for all of our supplies.

Wages, rent, housing are a lot more.

A diesel Toyota Hi Ace van (manual gearbox)..... Full drive away AU$40,740.95

A MasterBlend El Diablo Truck Mount will set you back AU$25,500.00

Then, because I live over a 1,000 miles north of my nearest distributor, freight on EVERYTHING IS EXTRA.

Apart from PLI insurance, we also carry Sickness & Accident policies in case we are injured on the job or get sick.

This costs more than the PLI.

Another thing, if you are over the age of 65, general insurance co's; will not insure you... discrimination.

You must get a policy with the gov't; agency which generally is about AU$400.00 pa more than you would pay with a general insurance co; if you could get it.



Think how much it could cost you if you did not have insurance, or enough insurance to pay for a major catastrophe if you were to blame.

Short 1
I don't regret my past, I just regret the time I've wasted with the wrong people.
Take me as I am, or watch me as I go.
I'll retire when I can no longer do what I love, or no longer love what I do.
Stop moving, start dying........
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Messages In This Thread
liability insurance... - by TroyD - 01-26-2014, 01:49 PM
RE: liability insurance... - by Shorty - 01-26-2014, 06:39 PM
RE: liability insurance... - by P Cleaner - 01-26-2014, 10:24 PM
RE: liability insurance... - by jtmellon - 01-28-2014, 08:44 AM
RE: liability insurance... - by TroyD - 01-28-2014, 07:13 PM



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