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Re: insurance

"Incorporate"
to register with the state as a commerical entity. To form a bonafide business. A corporation may be of many parts or types.
Most go for a Sole properitorship or a Chapter S corporation.
This means that among other tings you run a set of books, not just trun the check over to Momma. You would have to write yourself a check each week and would also pay our income taxes and corporate taxes on a quarterly basis.

Most cable co want a wc and gen liableity contracts to cover your actions any employees actions, auto or worker related accidents etc up to the tune of 2 million per occurance.

Provided you have a good accident free history you can get a good rate. If you have a history. The agent underwriter will up what they call an expericne modifier. The rate for the same policy goes up.
The 9 percent of gross wages may not be a bad number when you conside all of the other paper work that someone else is doing for you.

This is CABL.com posting #172062. Tiny Link: cabl.co/mSVm
Posted in reply to: insurance by cleansafe
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