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The time now is 09/08/08 - 15:37

Turned Down For Insurance


RealCool.BIZ Forum Index -> Finance -> Insurance

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innis
Apprentice


Joined: 21 Sep 2004
Posts: 5



PostPosted: 10/08/07 - 08:26    Post subject: Reply with quote

For several years I have been in contracting business. I have a problem in obtaining liability insurance to begin a new venture. Insurers did not like the fact that I am just starting in this business. I have been turned down for insurance from several companies. Does anyone have any ideas how I might get an insurance?
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delmar
Apprentice


Joined: 20 Jun 2004
Posts: 6



PostPosted: 11/07/07 - 00:53    Post subject: Reply with quote

Show them they are making a wrong decision. You are not just starting in this business. You should think about insuring companies as customers. Instead they sell you their insurance, you try to sell them your idea. Take some pictures and show the insurers your completed work portfolio. Back your idea with your previous experience. In addition, you should explain them complete plans. If you have any good examples of others doing that, try to get that. Get a professional estimation of your business idea. When you get all that, prepare the professional project resume. With resume like that, I think you shouldn't have the problem getting liability insurance.
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