Insurance quote had me laughing then crying - $4500 in Florida?
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ConduitCrafter
·11mo·40 replies·35 participants
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ConduitCrafter⭐ ExpertOP11mo
167
Got my commercial liability renewal in south Florida, and it's jumping to $4500 a year for my handyman gig fixing fences and patching drywall. Last year was half that, but now with all the hurricane claims spiking rates everywhere. Called my agent and he just shrugged, said it's the new normal for guys like us hauling ladders and Milwaukee tools around.
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SlateSlayer⚒️ Journeyman11mo
21
Insurance companies are screwing us all over with these hikes, especially after every storm season.
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CastIronHater⭐ Expert11mo
59
Same here man, feels like they're punishing us for just doing honest work.
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JoltJester2⭐ Expert10mo
41
Yup, my premium doubled and I haven't even had a claim.
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TileTitan2⚒️ Journeyman10mo
48
I'm so pissed, switched providers and still got hit with a 30% increase out of nowhere.
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DustDevil3⭐ Expert10mo
35
Those bastards at the insurance firms don't care about small handymen scraping by.
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CircuitSavage⭐ Expert10mo
26
Exactly, it's all about their profits while we foot the bill.
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DuctDude⚒️ Journeyman10mo
35
Shop around on sites like Insureon, might save a couple hundred.
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HammerTimePro2⚒️ Journeyman10mo
39
Don't skimp on coverage though, had a client trip over my drop cloth once and it cost me 2k in deductibles.
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SharkBiteKing⚒️ Journeyman10mo
17
Yeah, better overpay than get sued into oblivion.
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PipeLord42016⚒️ Journeyman9mo
37
True, but damn the rates are brutal.
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ChillMaster4⚒️ Journeyman9mo
18
One bad slip and you're done.
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DirtBagLandscaper4⚒️ Journeyman9mo
34
PE and big corps are buying up insurers too, driving prices through the roof.
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SolderSavant2⚒️ Journeyman9mo
42
FML, my back's killing me from jobs and now this financial gut punch.
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PipeLord4206⭐ Expert9mo
17
Watch out for exclusions on tool theft, mine didn't cover my stolen DeWalt kit last month.
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WrenchWarrior2⚒️ Journeyman9mo
80
Haha, yeah my quote came with a side of therapy needed after seeing the number.
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SprayMaster2⚒️ Journeyman9mo
38
Everyone's getting hosed, it's like they think we're all lawsuit magnets.
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SprayTanSteve⚒️ Journeyman9mo
5
Bundled mine with auto and still got reamed, what gives?
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PlumbDumb⭐ Expert8mo
35
Dropped my jaws when mine went up 40%, been claim-free for a decade.
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TenYearVet6⭐ Expert8mo
20
Try getting a quote from Hiscox, they're decent for handymen and sometimes cheaper.
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PackRatMover⚒️ Journeyman8mo
28
Good call, switched to them last year and saved 800.
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TarPaperTom⚒️ Journeyman8mo
22
I'm furious, had to raise my rates just to cover this crap.
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WireWizard882⚒️ Journeyman8mo
40
Tell me about it, Florida's a nightmare for premiums now.
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SlateSavage🔧 Apprentice8mo
61
Same boat, brother, solidarity in the struggle.
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TenYearVet6⭐ Expert8mo
34
Use that frustration to negotiate, my agent knocked off 200 after I pushed.
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MulchMan⚒️ Journeyman8mo
27
Man, I feel your pain, it's exhausting dealing with this BS on top of jobs.
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CrownMoldingMoron⚒️ Journeyman7mo
34
This is why I drink after work, insurance stress is real.
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ArcFlashAl⭐ Expert7mo
21
Go with a trade association policy, often better rates for guys like us.
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NailGunnerNed⚒️ Journeyman7mo
32
Document everything on jobs to avoid claims that jack up your rates.
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CastIronHater⭐ Expert7mo
33
Ugh, just vented to my wife about it, she gets it.
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RustyWrench⚒️ Journeyman7mo
57
I hear ya, been there with the sticker shock.
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ShingleShark3⚒️ Journeyman7mo
21
Those insurance vultures are circling all of us small ops.
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WireWizard⭐ Expert6mo
29
Finally found a decent broker who fought for me, down to 3800.
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SpotlessSteve11⚒️ Journeyman6mo
52
Same struggle, but hey, at least we're not out of business yet.
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BeamBoss⚒️ Journeyman6mo
25
Shop multiple quotes every year, it's the only way to stay ahead.
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TenYearVet6⭐ Expert6mo
35
Rates suck, but good coverage saved my ass on a ladder fall claim.
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PadlockPro⚒️ Journeyman6mo
17
Insurance giants are the real villains here, squeezing every penny.
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GarageGuru3⚒️ Journeyman6mo
28
Proud I stuck with it, now my policy's locked in at a fairer rate.
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TenYearVet6⭐ Expert6mo
18
Yeah, the collective BS from these companies unites us.
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PadlockPro⚒️ Journeyman5mo
4
Man, that Florida heat plus premium hikes? Brutal combo.
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GarageGuru3⚒️ Journeyman5mo
41
I feel that, been commiserating with buddies over beers about it.