I got the $100,000,000 figure from the CSLB -- it was in their quarterly blurb.
The WHOLE point of a LLC is to limit liability -- without going the corporate route.
Our CSLB has been fanatically against any limit to a contractor's liability as a point of principle.
Such a hurdle must mean that no one in California uses a LLC. I suspect that the insurance scheme is designed for big time players ( out of state ) who want to bid on the big government contracts. Those already have very high insurance stipulations built in.
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The real solution is to never die.
Alternately, quit working long before you stressing your body. Out my way, most ECs have been driven out of business before they could die. So they have that going for them.
Last edited by Tesla; 03/25/13 07:09 AM.
