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#355943 - 10/28/10 04:58 PM equator and general liability
sybadon Veteran Member Registered: 04/11/06 Posts: 631 Loc: Earth	I need to get general liability on top of my E and O insurance ...this is a request from equator .... not sure what coverage is needed ...500,000 or 1,000,000 .. .also ..how much does it run per year...ballpark...thanks for the help in advance ..
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#355954 - 10/28/10 05:58 PM Re: equator and general liability [Re: sybadon]
seasaw Major Contributor Registered: 10/14/06 Posts: 1652	Probably $1M. I've been unsuccessful in obtaining a general liability policy on my own. My broker doesn't want to pay for it. All the insurance companies I've contacted will not extend coverage to me individually.
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#355980 - 10/28/10 08:40 PM Re: equator and general liability [Re: seasaw]
CALIF DREAMING Veteran Member Registered: 08/01/06 Posts: 1123 Loc: Downey, California	After receiving several quotes, I went with Cres Insurance Services in San Diego. The policy is with a reputable carrier, very competitive premium, and had the option of payment plans. _________________________ "People rarely succeed unless they have fun in what they are doing"....Dale Carnegie
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#356302 - 11/01/10 08:03 AM Re: equator and general liability [Re: CALIF DREAMING]
Traveler Major Contributor Registered: 11/14/00 Posts: 2268 Loc: The Coast	Mine is $500 per year, got it though Pearl Ins. $1Million/$2Million. You get your choice to pay in full or make payments.
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#356308 - 11/01/10 08:44 AM Re: equator and general liability [Re: Traveler]
Mez Member Registered: 09/30/10 Posts: 68 Loc: Columbus, OH	Most insurers can add this type of policy to your current coverage i.e. home, auto etc. I know Nationwide and a few other big names offer the Business Owners Policy. A good agent can help you set it up properly. Our company BOP only runs about $400.00/year for $2Mil coverage. It also covers some of the Social meida libility in case sued for Libel, copyright infringement etc. There are attorney's scouring the internet looing for easy money. best thing is to pay an ounce o prevention before you could lose ewverything.
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#356377 - 11/01/10 05:19 PM Re: equator and general liability [Re: Traveler]
seasaw Major Contributor Registered: 10/14/06 Posts: 1652	Originally Posted By: Traveler Mine is $500 per year, got it though Pearl Ins. $1Million/$2Million. You get your choice to pay in full or make payments. I couldn't get Pearl Insurance to cover me for GL. We have E&O with them but they wouldn't extend GL for the REO work I perform.
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#356441 - 11/02/10 09:39 AM Re: equator and general liability [Re: seasaw]
cindysellshomes Member Registered: 10/08/07 Posts: 195 Loc: Nashville, TN	I will try cres. Thanks for the info. I've been searching for individual coverage also. I found Fox Point 302-765-6029 _________________________ Cindy Jacobsen, Haven Real Estate www.MoveToWhiteHouse.com
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#356481 - 11/02/10 03:22 PM Re: equator and general liability [Re: cindysellshomes]
SPSells Member Registered: 01/07/10 Posts: 95 Loc: Seattle	I have heard good things about CRES. _________________________ "We can let circumstances rule us, or we can take charge and rule our lives from within." --Earl Nightingale
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#356887 - 11/07/10 07:19 AM Re: equator and general liability [Re: SPSells]
whatagirl Member Registered: 04/11/07 Posts: 276	CRES is way too high! I have General Star- 1/2 mill- $ 532 solo- CRES wanted $ 750 same policy
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#356888 - 11/07/10 07:21 AM Re: equator and general liability [Re: whatagirl]
whatagirl Member Registered: 04/11/07 Posts: 276	that was 1 mill 2 mill-
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#356993 - 11/08/10 11:13 AM Re: equator and general liability [Re: whatagirl]
cindysellshomes Member Registered: 10/08/07 Posts: 195 Loc: Nashville, TN	Wow. General Star/ Landy does have better prices. _________________________ Cindy Jacobsen, Haven Real Estate www.MoveToWhiteHouse.com
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#358448 - 11/21/10 09:39 AM Re: equator and general liability [Re: cindysellshomes]
Traveler Major Contributor Registered: 11/14/00 Posts: 2268 Loc: The Coast	I just cancelled my GL after 6 months with CNA. Policy $500 year, paid $250 to start, cancelled at the 6 month mark when I got my bill, now they say I owe them $50? Go figure. I'm sick of rip-off insurance companies. Won't ever use them again.
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#358923 - 11/27/10 07:41 PM Re: equator and general liability [Re: Traveler]
Arizona REO Member Registered: 07/16/07 Posts: 69 Loc: Arizona	How do you operate as a broker without general liability insurance? Edited by Arizonaagent52 (11/27/10 07:41 PM)
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#358944 - 11/28/10 11:22 AM Re: equator and general liability [Re: Arizona REO]
RealBoots Member Registered: 01/26/08 Posts: 405 Loc: Wild or not Wild ,East or West...	Traveler , I did similar and they hit me with $200 fee ! MY policy expired and dumbbells kept billing me all the way until I called them! What a joke!
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