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Michael Evans, CEO of USP and Blue Line Capital, discusses how to efficiently complete the general liability application for new security businesses. He highlights frustration among clients facing exorbitant insurance quotes ranging from $10,000 to $20,000 in their first year, which can be financially devastating, especially for newcomers. A primary reason for these high quotes is that many inexperienced owners overestimate their projected or actual payroll on the application, often entering figures based on unrealistic expectations rather than accurate projections. This miscalculation significantly impacts their insurance premiums.