Cheaper insurance in Business State then Home State?

January 16, 2006 12:18 PM

Self Employed-Health Insurance? Company Inc'ed in better-rate state?

I was told my my insurance broker that some Insurance companies go by the location of the persons residence, while others go by the business.

My Business is located in a cheaper state then my home. can anyone tell me more information about getting insurance for less premium using this strategy?

Thanks!

posted by Izzmeister to health (2 comments total)

Do you mean that you live, for example, in NY, but your office is in NJ? Or do you mean that you live in NY and work at home, but the business is incorporated in DE for tax reasons?

You have a shot the first way (as in, it may or may not fly), and no chance the second way.
posted by MarkAnd at 12:32 PM on January 16, 2006

Wouldn't this be something you would ask your insurance broker, who just told you about this?
posted by elisabeth r at 1:02 PM on January 16, 2006