The Autonerdz Community Forums

The Autonerdz Community Forums
https://yabb.autonerdz.com/cgi/yabb2//YaBB.pl >> >> Insurance https://yabb.autonerdz.com/cgi/yabb2//YaBB.pl?num=1487539059 Message started by busjockey on Feb 19^th, 2017 at 1:17pm

Title: Insurance
Post by busjockey on Feb 19^th, 2017 at 1:17pm

Hi guys as everyone knows I am prepping myself to go mobile and I was curious what you mobile guys do for insurance. Just trying to be prepared and have everything lined up properly that way I have the best chance for success. :)

Title: Re: Insurance
Post by Abndanger on Feb 19^th, 2017 at 1:22pm

Hi Mike,

To be honest with you I have mine covered under the garage keepers insurance. You will more than likely have to have a separate Identity like in a business name and form an LLC or "S" Corp depending on what your accountant recommends.

Keep in mind if you are looking at programming as well you will more than likely need and LSID number as well. This will require at least 1 million in insurance coverage so bare this in mind ;)

Title: Re: Insurance
Post by superskyliner34 on Feb 19^th, 2017 at 1:26pm

Bob is right , they want to make sure you have $1million in policy coverage

Title: Re: Insurance
Post by busjockey on Feb 19^th, 2017 at 1:53pm

Thanks Bob and Jose. :)