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Q&A: Approximately how much is general liability insurance for a stucco & stone repairman?

Question by BrainHurts1: Approximately how much is general liability insurance for a stucco & stone repairman?
I am currently working for someone who has a small stucco and stone repair business. He has "demanded" that I get general liability insurance and that I pay for it myself. Approximately how much will 1,000,000.00 in coverage cost me for 6 months? Am I really responsible for paying for it? I am 28 and I live in Columbus, Ohio if that helps. I am really just looking for a vauge estimate. I know the details matter when it comes to something like this. Ballpark it...Thanks!

Best answer:

Answer by cigarbat
Probably $ 1,000-$ 1,500 per year. No one sells it on a 6 month basis as it's not worth it to issue a 6 month policy. I wouldn't risk my million dollars for $ 500 bucks, not including expenses.

If your an employee, you shouldn't be required to provide that coverage. It's only for the person who owns the business.

If you buy it to cover yourself, it WON'T cover your boss. It Won't provide any payments for lawyers to represent him in case of a claim.

It will only cover you.

Your boss also must provide Workers Comp coverage for you or any employees (by state law). He can be fined and be obligated to pay the work comp premiums for the prior 3 years, if caught.

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