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Self Balancing Scooters - CA (GL needed)
Posted: Wed Sep 30, 2015 1:11 pm
by InsureTime
I know people have a hard time placing coverage placing this risk. We can accept broker business 10K MP for 1/2/2/1 Limits.
Email Acords and any product liability supplemental application to sarkis@calcocommercialinsurance or call me with any questions. Coverage is available in all 50-states
Sarkis Kaladzhyan
Calco Commercial Insurance
818 906 7900
Re: Self Balancing Scooters - CA (GL needed)
Posted: Fri Oct 02, 2015 1:01 pm
by NatashaGray
I just wrote one for one of my agents. Imported from China, sales were under $500K. Occurrence form, GL including products, $1M/$2M. It was almost $19K between premium and fees/taxes
Re: Self Balancing Scooters - CA (GL needed)
Posted: Mon Oct 05, 2015 1:36 pm
by wariline
wow $36 rates. But I guess they can afford it - product's gross margin is probably 50-70%.
Re: Self Balancing Scooters - CA (GL needed)
Posted: Tue Oct 06, 2015 10:58 am
by mightyquinn
Natasha, am curious. Did your client import it directly from China or did he import it through a distributor in the US?
Re: Self Balancing Scooters - CA (GL needed)
Posted: Fri Oct 09, 2015 8:31 am
by NatashaGray
mightyquinn wrote:Natasha, am curious. Did your client import it directly from China or did he import it through a distributor in the US?
They are importing from China directly.