What does liability insurance cover for an electrician or other contractor?
Q. If an electrician (or plumber or any other professional) comes to my home and injures himself (in the case of an electrician, he electricutes himself) do I have any liability? Does it matter if he's a licensed professional or not? What if he damages my home - like a ladder falls and breaks a window? When an electrician says he's "insured" does it mean he's covered for damage to my home or damage to himself? Or both? Thanks to all who can provide some answers!
Asked by Brian A - Mon Mar 10 10:27:26 2008 - - 3 Answers - 0 Comments

A. liability insurance generally covers damage to your home or property by the contractor. if he is covered by workers compensation then he is also covered for injuries. the general rules for workers comp are if you are the proprietor and the sole employee then you dont have to be covered by workers comp, but if you have even one employee, including family members , then you MUST have workers comp. if the contractor is covered he will have registration numbers
Answered by ben s - Mon Mar 10 10:40:17 2008

What are the firms income tax liability and its after tax income? What are the company's marginal and average
Q. The Tally Corporation had a taxable income of $365,000 from operations after all operating costs but before (1) interest changes of $50,000, (2) dividends received of $15,000 (3) dividends paid of $25,000 and (4) income taxes. What are the firms income tax liability and its after tax income? What are the company's marginal and average tax rates on taxable income?
Asked by Trease71 - Sun Apr 20 19:48:18 2008 - - 1 Answers - 0 Comments

A. Try posting this in the homework forum.
Answered by wartz - Mon Apr 21 22:55:46 2008

What is the cost of general liability insurance for a small business?
Q. My history class is doing a business plan project, and I'm wondering what the cost of liability insurance for a softball training center would be?
Asked by yellowgreen - Sun Nov 16 16:25:29 2008 - - 4 Answers - 0 Comments

A. I know my buddy pays around $100/mo for $1,000,000 insurance policy. He owns a garage door company in it's startup phase with no employees. I believe it can vary by a lot with deductibles and such. I would suggest using a price comparison site that gets you multiple quotes like they have a pull down option for "business insurance" on that main page to get quotes from different providers.
Answered by Adam Alter - Mon Nov 17 10:46:49 2008