You won't believe this, Well, maybe you will. In February of 2004 I went in my own business and got business insurance from State Farm Insurance company. They charged me $989.00 for $300,000 worth of coverage. They sent me the new bill, for the year and I almost fell over. They increased it to $1,750.00. about an 80 percent increase. Of course I'll have to find another company. Is this insane or what? Is the CEO getting a 20 million dollar bonus this year? Or is the person doing the billing going insane? I have been in the HVAC business many many years, and have never had an insurance claim while working for someone. Has anyone else had a problem like this. I do not have any employees. I work by myself and have one truck. What's up?
Can someone please give me some input into this matter.