THESE ARE AVERAGE PRICES TO BASE SALES OFF. DEPENDING ON WHAT KIND OF RISK THE CUSTOMER HAS WE WILL INCREASE OR DECREASE COST. PLEASE LOOK AT THE QUESTIONS TO ASK WHEN INCREASING OR DECREASING COSTS. (Many of these insurances are mandatory by law and some are just necessary for a business to function with a peace of mind.)

 

 

1) Personal Auto Insurance

-is a policy purchased by vehicle owners to mitigate costs associated with getting into an auto accident. 

 

$2,500/year (Under 25) 

 

 

2) Renter's insurance

-is a form of property insurance that provides coverage for losses to the tenant's personal property and losses resulting from liability claims, such as injuries occurring on the premises that are not due to a structural problem with the property (for which the landlord would be responsible). Many landlords require proof of renter's insurance since the landlord's property insurance will not cover losses to the tenant's belongings or certain liability cases. 

 

Urban Areas: $800/year

 

 

 

Suburban Areas: $900/year

 

 

 

3)Homeowners insurance

- is a form of property insurance designed to protect an individual’s home against damages to the house itself, or to possessions in the home. Homeowners insurance also provides liability coverage against accidents in the home or on the property. 

 

$2,000/year

 

 

4) Flood Insurance

-protects property owners from water damage to the structure and/or contents of their property.

 

Slight Risk: $1,000.00/year

 

 

High Risk: $1,200.00/year

 

 

5) Travel insurance

-is insurance that is intended to cover medical expenses, trip cancellation, lost luggage, flight accident and other losses incurred while traveling, either internationally or within one's own country.

 

Individual: $100/trip