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View Full Version : Bonded and Insured?



ClearlyCoated
Mar 26th, 2009, 09:51 AM
For all of you who detail professionally, either brick & mortar shop or mobile, full time or part time, are you bonded and insured? Do you see the value of insuring your detailing business? For those of you who have it, does it help you generate new business and retain clients? What protection does it provide pertaining to customer complaints, both real and perceived?

Superior Shine
Mar 26th, 2009, 10:29 AM
Does very little to get new cients. In my 20+ yearsin business maybe 5 have asked for proof.

I have them booth because it is the responsible thing to do. My employees, clients, bystanders, property I have in my control and that I am working on are all protected.

Carfire
Mar 26th, 2009, 11:46 AM
:iagree: with Joe.
The little amount of clients that I have either know that I am not and do not care, or they do not know at all. I know this is bad but I do not have a tax number and I am not a certified business. I am not happy about it, but I simply do not have the money for any of that stuff. Plus I am a kid and a minor. But if I had the money I would have all of that stuff.

CAShine
Jan 21st, 2010, 09:34 PM
I am insured but not bonded.
I think there is definite value in being insured. You get insurance to manage risk and ensure the livelyhood of your business. There are plenty of people out there who are devious and greedy. Insurance protects your investment.

xantonin
Apr 27th, 2010, 10:48 AM
Do any of you mind if I ask how much insurance is costing you for your business and what sort of coverages you have?

Bill Davidson
Apr 27th, 2010, 10:52 AM
Do any of you mind if I ask how much insurance is costing you for your business and what sort of coverages you have?

I'd also like to know if anyone has any stories to share of the insurance saving your butt. Any stories of false claims etc. If they've already been discussed a link would be appreciated.

Can you get separate insurance to cover your own mistakes. Let's say you damage a vehicle while you are working on it.

hot rod
Feb 6th, 2011, 06:16 PM
I have Travelers & pay $1350.