Liability price question

[fed up]

The difference in cost between 500K and $1Million would be peanuts spread over the year. The underwriting has already been done on the business and likelihood of a claim. The real cost is in the Comp & Coll coverage of the vehicles insured and the drivers employed. That cost can be mitigated by the deductible, which a business should look for highest deductible permitted by carrier. If it is $1000, take it. If it is $2500, take it. This lessens the chance of making multiple, low cost claims for driver stupidity.

 

[Katakuz]

its not a small commercial account. plus there are different coverages on different size vehicles/. agent told me a number but he probably low balled it.

I don't know why someone would not give us the lower cost possible for insurance. is there higher commission on selling a more expensive product ..