How much would insurance for running a business cost?

How much does insurance cost for a chimney sweep business?

  • I am starting a chimney sweep company and I was wondering what is an average cost to have insurance for the business (bonus points if you can say all of the types of insurance I might need) I know the standard answer is to say "there is no way of knowing since this all depends on a number of factors" but I literally have no clue what it would cost so ANY estimate or guess is appreciated. The business will be in Maryland and have just 1 employee with revenue I am guessing would be about 100,000 a year if that helps.

  • Answer:

    You will need to contact the Internal Revenue Service, your state department of licensing and an insurance company to get this information. They will be provide you with the information you need to figure your costs.

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Other answers

If you have an employee . . then you will need Worker's Comp Insurance . . and you will need Liability Insurance . . You should sit down with an insurance carrier and discuss your needs.

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