View Full Version : Insurance

07-22-2003, 06:02 PM
Currently I am licensed but not insured. How do I obtain insurance and how much might I expect it to cost? I run a two man operation for lawn and landscaping.

07-22-2003, 06:36 PM
Go to an insurance agency and ask about commercial insurance. If you have a regular agent (not a national agent, but one that deal with all companies) then go to them. Cost depends on your state and how much coverage you want.

07-23-2003, 03:38 AM
I would suggest at least a minimum of $500,000 coverage to start off with.

07-26-2003, 09:24 PM
OK well, where I am the only way to get a business license is to have insurance

Gr grass n Hi tides
08-01-2003, 09:22 PM
I posted this a while back:

"$1,000,000 is not much money these days if an accident happens. Take it from me, I've been in litigation for 10 years. Freakish things happen, that's why they're called accidents.

Suppose for example your mower hits part of a metal clothes hanger or a rock hidden in tall grass, then it's propelled through a 50 yo man's eye and kills him. At 50 yo this man was in the height of his earning potential (let's just say 50k/yr. for argument sake). If his life expectancy is 74 years, then total lost earnings alone is $1,200,000. You're already underinsured !!!!!!!!!! That doesn't take into consideration other compensable losses for his family. Maybe he has a couple of children and a wife. Then what?

Or, you're out there trucking along on your hydro with your ear plugs in & as you pass by a vehicle parked in the driveway a 4 yo darts out & somehow gets a foot under your deck.........lifetime impairment rating. You get the idea.

Besides, I don't think any of us would want to NOT have a way to fix a problem we caused."

BTW, I pay about $600/yr. for the 1M coverage.

A1 Grass
08-01-2003, 10:33 PM
Originally posted by Gr grass n Hi tides
I posted this a while back:

"$1,000,000 is not much money these days if an accident happens....

Wow. You really have got me thinking now. I will reevaluate my decision to start with a $300k policy. I found one for $400 a year. I guess that if I shop some more I can find a more affordable but larger limit policy.

I was just thinking about broken glass and scratched paint...


Gr grass n Hi tides
08-01-2003, 11:22 PM
Like you said, shop it around. Check with at least two local insurance agents & there's also a site called www.quotesmith.com, that might help you zero in on some coverage. Best wishes for 2003:)

Cooper Landscaping
08-02-2003, 12:16 PM
Gr grass n Hi tides-
What company is that insurance through?


08-02-2003, 12:21 PM
u can uausally get 2million for not much more that 1 mil is the extra worth it? dont know but i pay for it so i sleep better

Gr grass n Hi tides
08-02-2003, 12:28 PM
Originally posted by Cooper Landscaping
Gr grass n Hi tides-
What company is that insurance through?

Fireman's Mutual.

08-02-2003, 01:15 PM
$4 mil. for $430/yr. American Family

Cooper Landscaping
08-02-2003, 02:01 PM
Originally posted by Lombardi
$4 mil. for $430/yr. American Family

Lombardi- that sounds like a real nice deal. What does that cover? Too bad they don't operate in Connecticut...


08-02-2003, 02:26 PM
Rates will vary greatly by area. This policy is a commercial general liability policy and covers personal & advertising injury, damage to premises rented to me, and medical expenses. It is classified as Lawn Care Services.

Team Gopher
08-02-2003, 04:52 PM
Hey PhilR,

Here are three more threads that deal with the liabilty insurance topic.

"Why have insurance" (http://www.lawnsite.com/showthread.php?s=&threadid=49723&highlight=liability+insurance)

"Insurance Company Recommendations" (http://www.lawnsite.com/showthread.php?s=&threadid=49960&highlight=liability+insurance)

"Insurance Whats it gonna cost me??" (http://www.lawnsite.com/showthread.php?s=&threadid=49353&highlight=liability+insurance)