New Jersey, co-owned LLC finished carpenty buisness, no workmans comp, $1900 for a 1 mill policy.sady said:I have $1 million coverage and I pay $1500.00 here in Massachusetts. Hanover Insurance Company and I never have had a claim. Knock on wood.
roofers are paying $5000.00 here in Ma.Grumpy said:Roofers have it real bad. I got a quote the other day $16,000 for 1 mil. Problem is we often work on homes worth well over 1 mil so we need 2 mil coverage. That's just liability. I think WC is somewhere at 45% of payroll.
Are you new in the buisness. My first three years are quoted to me at 28k a year.tncontractor said:The only quote I've been able to get so far starts at $10,000/year for new home construction - supposedly because of mold claims - this is ridiculous.