Years ago my husband had a general contracting business. After the first years in business he was doing really well. The only thing that he said that was somewhat unexpected was compensation insurance. Compensation insurance is based on payroll so obviously the more jobs you get the more payroll you have, the more insurance you have to pay. So after paying quite a bit each quarter at the end of the year he had to come up with another 6,200.00 dollars to balance the compensation insurance. After understanding all these its not so hard to understan Doctors medical malpractice insurance. You do one little thing wrong these days or you don't do anything wrong at all and there's still people out there that just feel like suing you for the heck of it.
Marshall stack at guitarcenter.com
5 years ago