View Full Version : Insurance help

Poorboy's landscaping
09-08-2009, 09:37 PM
Ok guys,
I'v been cutting lawns now for a litttle over 4 years. I'm now thinking it time to get insurance before my luck runs out. I just don't know what I should get. I only do 10-15 lawns now but want to expand next year into 30-40. Any help or information would be great.

I'm really only thinking about this now cause a guy that I know did $1,400.00 of damage to a house window. He was cutting and throw a rock throw a window and a 500 gallon fish tank. I'm galde he insured.:usflag:

09-08-2009, 09:58 PM
Min. $1 mil liability. Mine is less than $400/yr thru Nationwide. Check with your Insurance agent and see what they can do.

Poorboy's landscaping
09-08-2009, 10:00 PM
Min. $1 mil liability. Mine is less than $400/yr thru Nationwide. Check with your Insurance agent and see what they can do.

Wow that seems like a lot. I was thinking like 10,000.000

09-08-2009, 10:30 PM
Wow that seems like a lot. I was thinking like 10,000.000

A million is nothing in today's world. If you have the misfortune of throwing a rock and hitting a child your $10k won't cover squat. Besides most companies don't offer that low, the lowest I've seen is $500k, but the difference between that an the million was so insignificant that it is a no brain-r. Put another way, if you can't afford the premiums for $1,000,000 you got bigger problems.

09-09-2009, 06:44 AM
Get at least $500,000 but cost for $1M only a little higher. Well worth it.

09-09-2009, 12:25 PM
I carry 2mil cost $222 a year

09-09-2009, 01:56 PM
Hey AJ, Who is your insurer. ?

Lawn Shark prop mgmt LLC
09-09-2009, 03:58 PM
I would like to know your carrier also...that is a good deal for 2 mil coverage

09-09-2009, 06:36 PM
I'd like to know how you guys get such great prices on insurance. I go through an insurance broker and the price for my $1mil policy is about $900/year.

09-09-2009, 06:45 PM
Probably depends on location and Ins. Co.

09-09-2009, 08:08 PM
check for a nationwide agent near you, i got 1 million for a little over 200 per year

09-09-2009, 08:14 PM
Probably depends on location and Ins. Co.

I go through a broker, so they search for the best price for me, at least they are supposed to. But I see so many people on here paying $200-$600/year for a $1mil policy, I find it hard to believe that it is that much more expensive here in michigan.

09-09-2009, 08:33 PM
i know brad,my allstate agent who has my house,cars,and everything,quoted me around 600

09-09-2009, 09:38 PM
I agree with you Brad. There are a lot of variables to insurance costs, but some of the things that people are claiming are really low. As a Sole Proprietor, they will look at your personal credit, and also look at if you have ever had any claims. I hvae a credit score in the 740's and never ever filed a claim of any kind. $650 was the cheapest I could find and that was for a very basic policy for $1 mil. It also has an Inland Marine policy which covers my equipment if it is stolen, burns, etc... Maybe the people that are claiming these low rates don't have any coverage on their equipment and a $1,000.00 deductible.

09-09-2009, 09:42 PM
thats correct,no coverage for equipment

Poorboy's landscaping
09-09-2009, 10:06 PM
Thanks for the info guys. Keep the replys coming. I will be calling around to see what I can find. I will be going with 1 milloin. The only think is I'm young and have no credit. time to start applying for some.

09-09-2009, 10:19 PM
I pay almost 700.00 for 1 mil with a 250.00 deductible.
Posted via Mobile Device

09-10-2009, 01:05 AM
I pay $650 per year for 1 mil in Missouri. That's the lowest my agent could find through Lititz Ins Co. They are rated A+

Don't forget to check Insurance Co ratings. If it sounds to good to be true
there are probably loop holes. Then when you go to make a claim they don't pay because of some technicality.

09-10-2009, 11:09 PM
Try looking up hortica on the internet. They specialize in this industry. Should be able to get liability, equipment coverage and chemical coverage at a reasonable price.

Insurance is the one tool you should never leave home without. You just can't afford to take the chance. It is really irresponsible.

09-11-2009, 03:52 PM
Grinnell Mutual Ins. out of Grinnell Iowa. I would check with my ins man and see if they are available to you. I am a small business that might make a difference I don't know. Started out with I Mill then Up to two Mil didn't't change prem. It will depend on the services that you offer as well some are higher risk. Right now I'm lawn care and a little install. Hope that helps sound like I've got a good deal.

09-11-2009, 04:11 PM
2,000,000 General Aggregate Limit
2,000,000 Products/Completed Operations Aggregate Limit
1,000,000 Personal and advertising injury limit
1,000,000 each occurrence limit
100,000 fire damage legal liability
5,000 medical expense limit

that the coverage and it does include the equipment, commercial inland marine coverage. and certified acts of terrorism.

09-11-2009, 09:59 PM

Do your policy cover any herbicide work?
What does your policy cost?
What company do you use?

09-12-2009, 04:37 PM
no chemical as far as i know. costs 222 a year. Grinnell Mutual, grinnell Iowa

Mike's LawnCare Landscape
09-12-2009, 05:50 PM
Mine is $478 with Nationwide

09-12-2009, 05:58 PM
Wow that seems like a lot. I was thinking like 10,000.000

You need to insure for what you may damage. What if a rock took out someones eye or you backed over a kid that ran behind you? $10,000 wont put a dent in those bills and lawsuits. I would have at least .5 million.

09-12-2009, 06:01 PM
My insurance tripled when I started doing tree work. Mowing, chemicals, snow removal was base and less then $500 a year.