Where can I apply for limited liability insurance?

1 Answer

Answer :

Limited liability insurance can be purchased from many insurance companies. An explanation of limited liability insurance can be explained by a qualified insurance agent.

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Last Answer : What is a Limited Liability Partnership (LLP)?

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Description : What is the benefit of forming a Limited Liability Company, and how would I start the process?

Last Answer : The main benefit of a Limited liability company is that the owners of the LLC, called "members," are protected from some or all liability for acts and debts of the LLC depending on state shield laws. You would start the process by contacting an attorney.

Description : What are the advantages of being a limited liability company?

Last Answer : A limited liability company, or LLC, is its own entity and can possess assets, property, and liability. This allows you shield your personal assets from the assets of the limited liability company.

Description : What are the local laws for starting my own limited liability company?

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Description : Why should you make your small business a limited liability company?

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Last Answer : Answer: Financial statements should be prepared according to the accrual basis of accounting only

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Last Answer : Answer: Paid up value of the shares

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Last Answer : c) Three

Description : Every partner of a limited liability partnership must have a minimum of Contribution of Rs. 1 Lakh.

Last Answer : FALSE

Description : Every Limited Liability Partnership must have at least two partners but there is no maximum limit on the numbers of partners.

Last Answer : TRUE

Description : The liability of each partner is limited to his agreed contribution in the Limited Liability Partnership.

Last Answer : TRUE

Description : Every partner of a limited liability partnership must have a minimum of Contribution of Rs. 1 Lakh

Last Answer : FALSE

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Last Answer : TRUE

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Description : Liability Insurance vs. Full Coverage?

Last Answer : To replace or repair your car if it's damaged or totaled. If your car is not worth very much money the comprehensive may not be worth the expense. If it's worth more than 4 or 5 thousand you ... on Kelly Blue Book and see if the cost of replacing you car is worth the expense of the insurance.

Description : Low cost liability insurance?

Last Answer : Try a local insurance broker in your area. Stay away from the big national companies because they have more overhead and they have to pay the commission of the agent who writes you. Plus, they do not have ... . If you still need help, send me a comment and I can look into more options for you.

Description : What is the proper response to a matter-of-fact voicemail destined for someone with your same name telling you that the women's shelter does want you to come give pony rides, but that you will be required to provide your own liability insurance in case the pony hurts someone?

Last Answer : answer:After laughing and telling my friends, I’d probably call the women’s shelter and explain that they probably had the wrong person. If I were ambitious, I might contact an insurance agency and borrow a pony from somewhere.

Description : Is my liability car insurance good in Canada?

Last Answer : Allstate covered my rental in Canada about 10 yrs ago. But you would definetly need to check your coverage to be sure. Just call your agent for a quick answer.

Description : What is liability insurance ?

Last Answer : When an insurance company is liable to compensate for loss of property , loss of personal accident or death as per contract, it is called liability insurance. This liability insurance ... . Examples of liability insurance are fidelity insurance , automobile insurance, machineries insurance , etc.

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Description : Is auto liability insurance required in all 50 states?

Last Answer : Yes, auto liability insurance is required in all 50 states, howeve the limits of liability vary between states. Some require less than others.

Description : What kinds of things does my homeowners liability insurance cover?

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Description : Can I get Car Insurance that only covers liability and property damage?

Last Answer : Yes, you can get auto insurance that only covers liability and property damage. However, you will need to purchase collision insurance if there is a lien on your vehicle.

Description : What is covered by property damage liability insurance?

Last Answer : Propety Damage covers you if you damage someone elses property. Liability covers you in the event of a lawsuit.

Description : What kinds of circumstances are covered by excess liability insurance?

Last Answer : Excess liability insurance gives you extra asset protection beyond your basic policy. It can help in the event of being sued by someone due to injury or negligence in your home or anywhere else.

Description : What is included with comprehensive auto insurance that liability doesn't cover?

Last Answer : Comp covers theft and accidents iwth other cars. Liability protects you against lawsuits from other people.

Description : Are daycares required to carry liability insurance?

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Description : Arkansas Law Requires Proof of Auto Liability Insurance?

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Last Answer : In state of Michigan, you can only have liability coverage if your car is paid off. Otherwise, you will have to purchase a full coverage policy.

Description : How much liability insurance is required on my car in Alabama?

Last Answer : As you know the minimum amounts for liability insurance vary from state to state. Alabama has as its minimum requirements the following the minimum liability limits are $25,000 for injury liability for one person, $50,000 for all injuries and $25,000 for property damage in an accident.

Description : Should I get liability insurance?

Last Answer : Yes because if you get into a car accident you wont be paying for the other cars damages out of your pocket. Your insurance would cover any expenses for the person who was hit and you wont have to worry about paying all the fees.