PDA

View Full Version : Insurances

JSVLaundry
10-24-2002, 06:36 PM
So how does everyone feel about their insurance?

Has anyone not received a price increase this year?

What are your coverages & rates that you are paying?
JeffLange
10-24-2002, 06:39 PM
My insurance went up 25%
At 1 store I have equipment insured for $200,000
and liabilty of 2,000,000

policy is $3200

I checked around got higher quotes. The CLA was higher also.
Kitty
10-24-2002, 06:44 PM
Since the break-in last week we are glad we had the money theft rider included in the ins.......the cost of the breakin and the money stole totals around 1500-1600 bucks. THis is to replace or fix anything that was damaged or taken. The deductible has currently been 250, the insurance guy says we need to raise it during the next contract, but it was good for this...

We use Cincinnnati Insurance and the rates on 3 mats run way less than 3k a year. I do not have the figure here but can get the policy out tomorrow if interested in comparisons. We have done a 3 year contract with the insurance companies. Any rate increase will come about next May.
anonymous
10-24-2002, 07:05 PM
Business Personal Property Limit : $309,000
Full Replacement

Liability General Aggregate Limit : $4,000,000

Deductible: $1,000.

Premium : $1,346.

Company: The St. Paul through CLA
JSVLaundry
10-25-2002, 08:44 AM
Personal Property: $75,000, Full Replacement
General Aggregate : $2,000,000
Deductible: $1,000
Premium: $1,600

Sterling & Sterling Insurance. They also have my bonding.

I was quoted $400 more by CLA. Last year (when my mother was still the owner), the insurance was $1,200.
anonymous
10-25-2002, 09:20 AM
Business Personal Property Limit : $375,000
Full Replacement

Liability General Aggregate Limit : $4,000,000

Deductible: $1,000.

Premium : $5900

Company: The St. Paul through CLA
JeffLange
10-25-2002, 09:27 AM
WOw $5900 is alot of money. Are you in a high crime area.
JSVLaundry
10-28-2002, 12:58 PM
Taking a quick look, my property replacement seems low.

I have 15 W74's & 3 W124's (1984 purchase)

I have 8 single tumbler Heubsch EG30's (1984 purchase)

In 2 weeks, I will have only 4 Heubsch EG30's & 4 new Wascomat double stack dryers.

What should my replacement cost be?

Vinny
Coinwash
01-27-2009, 10:07 PM
------------



There are new much lower rates on
laundromat insurance.
Save up to 37%
Laundromat Success Program
Please click here... ( www.laundromatsuccessprogram.com)




-----------