insurance price

[Josh18]

I was wondering how much all of you pay for your insurance. I was quoted $491 a year for the lowest amount of insurance they offered. Is this high? I was thinking maybe $300 but not almost $500!!!

[NickN]

$875 per year here.$600,000 liability.

[eshreve1234]

$1300 for truck, equipment, tools, etc., 2 mil in coverage, 1 mil per occurrence

[lawnyogi]

About $750/year here for $15k tools; $2 mill covererage.

[Pecker]

$650/year for 500k liability. . .does not include equipment or worker's comp.

[specialtylc]

Originally posted by Josh18
I was wondering how much all of you pay for your insurance. I was quoted $491 a year for the lowest amount of insurance they offered. Is this high? I was thinking maybe $300 but not almost $500!!!
WELCOME TO THE BUSINESS WORLD!:blob3:

[Show-Me Lawn Care]

$350 for $500k liability, $10k equipment

[rodfather]

Just over 9K...and that doesn't include WC either.

[Josh18]

show-me-lawncare, what insurance company do you use?

[prizeprop]

$ 14,000 with Ohio casualty ins. Currently getting a quote from Farm Family ins. Some other LCO'S I know said they saved when they switched to Farm Family ins and got more coverage for the buck. Be nice to trim a couple thousand!!

[barringtonbrothers]

WOW 14 thow gezas, I pay around 1200/year for 2mil coverage - 1 mil per claim.

[rodfather]

Originally posted by prizeprop
$ 14,000 with Ohio casualty ins. Currently getting a quote from Farm Family ins. Some other LCO'S I know said they saved when they switched to Farm Family ins and got more coverage for the buck. Be nice to trim a couple thousand!!

With them as well...Ohio Casualty Group. Seem ok.

[prizeprop]

Originally posted by barringtonbrothers
WOW 14 thow gezas, I pay around 1200/year for 2mil coverage - 1 mil per claim. that includes everthing;trucks,liability,inland marine,workers comp.

[Green]

There are several things to keep in mind when you talk insurance. One is the gross sales of that company and their payrolls. Another is what you are doing. The cost for lawn care is much lower than that of an irrigator for instance. Yet, another is the state you are doing business in.

Insurance is a necessary evil. To arbitrarily compare numbers is absolutely impossible.
:angel:

[chris28]

$620. yr for 1 million coverage---selective insurance.
New Jersey

[hole in one lco]

350.00 a year for 1,000,000.liability. 10,000. inland marine.
1200.00 a year for full coverage on my 2 trucks and 2 trailers and wc grand total 1550.00 a year.
Iv got terrorist coverage too you cant be to safe.AMERICAN FAMILY INSURANCE

[MudslinginFX4]

$900/year for trucks trailers, and equipment, $1 million coverage.