Quote:
Originally Posted by sphelps
While partially true and good advice you will have a hard time finding a person with such insurance. Most these guys are not likely to even have business licenses and getting proper liability insurance and everything else you need isn't that easy and pretty expensive, it would only make sense if it was a full time business with decent revenue.
In all reality it's also not really required, home insurance requires that someone checks on the residence every so often
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I agree that most of the tank maintenance companies don't have insurance. There is only one company in Saskatoon and he is not insured. Go to a larger area like Vancouver and there are many of them with full liability insurance that covers the livestock as well as the home.
The dog sitter I use does have full liability insurance.
Most people's home insurance doesn't cover any livestock in the tank, so using home insurance will only fix the damage, and
maybe cover some lost equipment.
We carry $2M of additional liability insurance for my partner as he is an oil field supervisor and carries responsibility for many people. The company he works for only covers $1M. The additional $2M isn't overly expensive, so I imagine it couldn't be that bad for a maintenance company. Although maybe the additional insurance is cheaper because the first $1M is already covered...?