Re: Insurance question for small business owners

[<thesatguy1@xxxxxxxxxxxxx>]

7Having been in business 42 years I can truthfully tell you that no
insurance company ever asked me if I had a license - the only thing they
care about is do you have the premium.
They ask you what your annual sales volume is.  However, they never ask for
proof.
They ask you what percentage is new work and what percentage is completed
operations.
They ask you if you employ outside contractors or if you use subcontractors
and if so what percentage of the work do they do.
They ask you if you provide monitoring or contract that out to somebody
else.
They ask you if any employees are armed and if so what percenatge are armed
vs unarmed..  They ask to see every piece of paper you might give to a
customer.
They ask if you supply any services without a written contract.
They always ask if you do any work related to elevators or escalators.

"no wires showing" <alarminstall@xxxxxxx> wrote in message
news:1126309205.866790.205500@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
> Insurance companies are not going to cover unlicensed companies who
> operate in a state where a license is required. Bass is doing business
> as an alarm company in a state that requires a license. Do unlicensed
> motorists get auto coverage?
> He's either lying about having proper insurance, or he lied on his
> application. Either way he's lying, but would you expect anything else?
>