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Insurance (Read 83 times)

busjockey LSD Guide Offline The Diesel Nerd Posts: 3,442 Champaign Illinois USA Gender:	Insurance 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.
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Abndanger

LSD Guide
Picogroup

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Posts: 2,141

Grand Rapids, Mi
Michigan
USA
Gender: male

Re: Insurance
Reply #1 - 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 Wink

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Jose aka superskyliner Guru Member Picogroup Offline I'm an Autonerd Posts: 479 95653 California USA Gender:	Re: Insurance Reply #2 - Feb 19^th, 2017 at 1:26pm Bob is right , they want to make sure you have $1million in policy coverage
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busjockey LSD Guide Offline The Diesel Nerd Posts: 3,442 Champaign Illinois USA Gender:	Re: Insurance Reply #3 - Feb 19^th, 2017 at 1:53pm Thanks Bob and Jose.
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