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<blockquote data-quote="Warren Allison" data-source="post: 1809606" data-attributes="member: 40587"><p>Liability is based on annual receipts, because the chances of getting sued go up the more money a company makes. In Ga it is an annual audit, and often actual on-site audits, at least for a few years til they see you are being honest. Most every state saw huge increases in liability premiums this year. People get more litigious in bad economic times. So does arson. wjhen people start losing homes like they did in 2008 or so, then arson cases also go up.</p></blockquote><p></p>
[QUOTE="Warren Allison, post: 1809606, member: 40587"] Liability is based on annual receipts, because the chances of getting sued go up the more money a company makes. In Ga it is an annual audit, and often actual on-site audits, at least for a few years til they see you are being honest. Most every state saw huge increases in liability premiums this year. People get more litigious in bad economic times. So does arson. wjhen people start losing homes like they did in 2008 or so, then arson cases also go up. [/QUOTE]
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