I'm a single founder 100% owner LLC, personal and business income is combined. Plus on CoveregedCA they ask for personal income and self employed income when seeing if you qualify for discounts. Finally, dealing with sending them tax and finance documents to get the discounts would be a huge hassle and I'm almost certain a hair-pulling frustrating experience. By the time that is all done, I'll probably be out of their discount bracket anyway.
If you're spending the money on the business, how can they count it as income? Shouldn't only your salary count as income? (which may very well be 0)
As far as I understand, while I can write off deductibles my personal and business income is combined at the end of the year since I am 100% owner of my California LLC thus giving my inflated annual income.
Your total income that you would report on your personal income tax return should be your personal salary plus your business profit for a single member LLC.
Correct that is it, any personal income plus the business profit.
Seems like you could fix the business/income side for less than it will cost you in insurance if you don't...