What do you need for Business Insurance Quote

 Most Business Insurance quotes require basic information like:

• Business Name
• Business Location & Industry
• EIN (Tax ID)
• Owners Information with experience, certifications, licenses, etc.
• Business Operation Details
• Gross Annual Sales

Your daily operations are considered when determining the risk exposure. For example, a Residential Contractor has a different risk exposure than a Commercial Contractor. 

An Inland Marine Endorsement to your Business Insurance Quote can offer protections to your equipment and building materials. The information needed for an Inland Marine endorsement would include:

• Tools and equipment valued over $1,000
• Various types of building material used
• Portable Computer Equipment

Listing specific equipment valued over $1,000 will likely require making, model, serial number specifications, and value.

Inland Marine Insurance is insurance coverage that protects transportable good s on land and inland waterways. Transportable goods can include building materials, tools, and portable computer equipment like tablets and laptops.

For example, a Painter may want to insure an expensive paint spray rig and other tools with an Inland Marine Endorsement since this equipment is transported to various job sites. Likewise, a Carpenter can insure cabinets and other building materials to be installed at a job site.

If you have employees, you are generally required to carry Workers' Compensation Insurance. Prepare to provide:

• Annual Payroll
• Number of Employees
• Subcontractor cost

Note that Owners and Partners are not considered employees.

When insuring a commercial property through a Business Owners Policy (BOP), you'll need to provide:

• Location of Property
• Building construction type
• Square Footage of the building
• Age of building
• Current Occupancy
• Mortgage/Lienholder Information
• Building Safety Features

The construction and use of your building can influence the insurance premium quote. For example, a fire-resistant building with automatic sprinklers has a lower exposure than a building lacking these features.