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View Full Version : How much is everyone paying in insurance per year


hickory
10-13-2004, 09:09 AM
How much is everyone paying in insurance per year. 10k, 15k or 20K. What percentage is this of you gross income?

walker-talker
10-13-2004, 09:13 AM
$600 a year for 12K on equipment and 1 mil, 2 mil ag for general liability.

ReckordGeneralMaintenance
10-13-2004, 09:18 AM
Thats a great price im paying about 1200 for about the same

twins_lawn_care
10-13-2004, 10:32 AM
Small time here, solo guy
$383 for 500/1mil and it is $30 extra to add my vehicle as business use.
thought it might help out some new guys though.

Fantasy Lawns
10-13-2004, 12:49 PM
With 5 employees .... $1200 for 1 Mill liability .... $1600 per truck for 1 Mill on the vehicles .... just under $10k for WC for the year

Randy Scott
10-13-2004, 10:49 PM
At about 14K now for everything, will most likely go up when the WC gets audited at the end of the term.

Kelly's Landscaping
10-13-2004, 11:39 PM
About 7 k a year it will be going up with the new truck next month. It works out to about 2-3% of our gross income which is much more then I would like to spend.

Soupy
10-14-2004, 02:48 AM
$600 a year for 12K on equipment and 1 mil, 2 mil ag for general liability.

I have the same exact thing/price as Walker-talker. I also have a contractors policy with it that covers all hand equipment and tools. This covers anything in my tool box, truck and shop, up to $5,000.

Branchland
10-15-2004, 08:15 PM
I think mine is like yours Soupy, for the same price. Mine's with Erie Insurance

JustMowIt
10-15-2004, 08:38 PM
How much is everyone paying in insurance per year. 10k, 15k or 20K. What percentage is this of you gross income?

Truck insurance is $20,000 for liability only. 1.42% of Gross.

wriken
10-15-2004, 08:57 PM
just a tad over 5000.00 per year.

Soupy
10-15-2004, 09:48 PM
I think mine is like yours Soupy, for the same price. Mine's with Erie Insurance

Erie is who I have too.

impactlandscaping
10-15-2004, 10:56 PM
I have Erie, too. Cheapest I found anywhere for the same coverage others quoted me. They were half or better of many other companies who quoted me. Now WC, that's another story.It is continuously climbing here in WV. All in all, ins. takes about 4% off the top for us.

fastlane
10-15-2004, 11:07 PM
Erie for over 25yrs.

RICHIE K
10-16-2004, 06:00 AM
HEY I LIVE IN JERSEY....... FURGETABOUTIT!!!!!!!!!!!!! $537.00 PER YEAR FOR BIZ INSURANCE AND $14,000.00 A YEAR FOR MY 5 TRUCKS AND 3 TRAILERS. LIBILITY ONLY


RICHIE K

www.kulakandcompany.com :blob3:

Mgardner
10-18-2004, 02:39 PM
About $1800 a year and thats including 500/1,000,000 truck and two trailers. Used to not have the truck commercially insured until I found out what happens if you have a claim under a personal auto plan. Also the trailers when left at job have liability which I didn`t have before.