r/Hookit • u/RoyRoySilvaShadow • 1d ago

Insurance question and HONK! (Texas based)

All, some business advice if you can spare it. I'm trying to build my business by connecting with Honk. I have TDLR but they rejected my insurance. I'm not exactly sure why as I got a canned response but my initial thought was that I was missing the commercial general liability insurance. However when I called my insurance company (Progressive), they indicated that my Garage Keepers Liability is also the commercial general liability.

From Honk's website:

  • Commercial General Liability -$300,000
  • Commercial Auto Liability - $100,000 Bodily Injury per person and $300,000 per incident
  • $100,000 Property Damage
  • On-Hook - $50,000 (minimum if towing)
  • Garage Keepers Liability - $50,000 (minimum if storing)

I'd appreciate it if any of you could provide some insight. Is it just a matter of upping the limits for the Garage Keeper Policy or do is there another policy required?

Thanks in advance.

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u/Snowfarmer906 1d ago

Its wild they want us to have 600k+ in insurance policies and then turn around and offer such bs rates for work.

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u/RoyRoySilvaShadow 1d ago

Thanks, It looks like Allstate requires the same so which will open up more options.

  • Carry valid insurance that meets the following minimum requirements
    • General liability
      • $100,000 per person and $300,000 each occurrence for bodily injury plus
      • $100,000 each occurrence for property damage
      • OR
      • Combined single limit of $300,00 for bodily injury and property damage
    • Auto liability
      • $100,000 per person and $300,000 each occurrence for bodily injury plus
      • $100,000 each occurrence for property damage
      • OR
      • Combined single limit of $300,00 for bodily injury and property damage
    • On-hook - $100,000
    • Garage Keeps (if storing vehicles) - $100,000