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    Sanford and son's Avatar
    Sanford and son Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Dec 23, 2013, 11:22 PM
    Business bonding
    I'm starting a new junk removal business here in Florida and help in bonding snd Insurance can anyone help.
    ma0641's Avatar
    ma0641 Posts: 15,675, Reputation: 1012
    Uber Member
    		  
    #2

    Dec 24, 2013, 06:10 AM
    Your insurance agent should be able to guide you to a carrier with a small business package. You will need liability, auto, possibly Workers Comp if 3 or more employees, varies by state. You might consider an umbrella if you have lower basic limits. Bonding is similar to insurance in some ways but not other. Have them explain the differences because there is a financial aspect to bonding that you do not have in Liability.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #3

    Dec 24, 2013, 08:19 PM
    Unless your business license requires bonding or a specific customer does, there is little need for it,

    Also, do you belong to an association of this type of business, normally they will offer group packages tailored for the business.

    But agree, your business insurance agent, should be able to handle most
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