General Liability Insurance
All Sons and Daughters are required to carry a $1,000,000 liability insurance policy. Next Insurance provides the specific type of insurance plan we require you to have and is about $50/month.
When signing up, you will have to pay your first month's and last month's insurance but it is a month-to-month plan.
You MUST be signed up for the liability insurance before you complete your first job. this can be filed as an expense at the end of the year when you complete your taxes! Once signed up, please send your Live Insurance Policy link to Hello@rentsons.com by going to you Customer Portal and clicking “Share Proof of Insurance”.
To help cushion the cost of insurance each month, you will receive a $25 bonus after 50 hours worked each month or a $50 bonus after 100 hours worked each month.
When filling out the fields for your quote keep this in mind:
We are 100% Handyman Work and Miscellaneous Tasks
YOUR business name: Your first and last name
Your business ownership structure is individual
Years in business: New in business
Years of experience in your trade: 2-5 years
Your expected revenue is what you plan to make in the next 12 months
Total number of your employees: 1 (yourself)
Expected subcontractor cost in the next 12 months: $0
95% of work will be residential, 5% will be commercial
Your coverage needs to start ASAP
You must choose the $1,000,000 liability insurance policy.