The Ledger
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Chouinard Equipment's Liability Insurance Surged From $10,000 to $350,000
“When I arrived at Shenard Equipment in 1982, we had five million dollars worth of insurance. It cost, I think, 10,000 dollars a year, and had a 5000 dollar deductible. By the time that all these suits hit, and what we were facing, the cost of an insurance poli…”