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insurances

Posted: March 26th, 2006, 6:11 pm
by suzuki
i'm new on this but i seen that people talk about getting a insurances like rli something like that.can anyone explain to me why do i need an insurances in this bussiness?i can imaging why but i want to make sure from you guys that have so much experiences on this bussiness.just in cases i live in a beautifull island in a caribbean name puerto rico.

Re: insurances

Posted: March 27th, 2006, 10:34 pm
by Bois
Suzuki,
You need protection in case you accidentally damage or cause bodily harm to a customer or customer's vehicle. For instance, I carry liability insurance for my home in case someone falls and gets hurt on my sidewalk. Highly unlikely, but one never knows.

Dale...