Posted by: bryan in Untagged on Dec 2, 2009
1. Look up your license number at www.cslb.ca.gov. Write down the number, year licensed, and license classification.
2. Make a list of ALL your operations (plumbing, electrical, painting, remodling, etc.)
3. Determine what percentage of work is residential, commercial, or industrial.
4. Determine what percentage is new construction and which is existing.
5. Determine estimated gross sales, payroll, and subcosts for upcoming year.
6. Prepare loss runs if you are a large contractor with current insurance and are paying more than $7500/year in liability premium.
7. Ask a broker if you need an additional insured endorsement before buying a policy.
8. Call an experienced broker for a quote.