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  #21  
Old 05-08-2011, 11:53 PM
Kreios Kreios is offline
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Join Date: Mar 2011
Location: Clarksville, TN
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I payout around $22000 a year in labor and my workmans comp is only $750 a year.
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  #22  
Old 05-09-2011, 01:18 AM
DA Quality Lawn & YS's Avatar
DA Quality Lawn & YS DA Quality Lawn & YS is offline
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I am a solo op looking to hire on a part time college aged kid for the summer months. Tried to get a quote on Comp, found out no private insurer will write the business. Has to go to the WC MN Pool and will be $500/yr min premium (for wages under apprx $2,500 which I assuredly will be under). Needless to say, I decided not to hire, what a rip off.
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  #23  
Old 05-09-2011, 01:44 AM
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Kelly's Landscaping Kelly's Landscaping is offline
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Location: Milford CT
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You can tell who has it through a payroll service and who pays the premium to an insurance company. The ones who have it deducted each week seem to know our rates where those that pay it once a year know the amount they expect to pay for the entire year. Ours dropped 2 years ago to 4.5% sadly unemployment tripled in that time so no real savings.
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  #24  
Old 05-09-2011, 02:00 AM
HPSInc HPSInc is offline
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Join Date: Nov 2010
Location: Buffalo, NY
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i am solo and needed workers comp to be able to work at my commercial properties. it will also cover me for plowing them in winter. nobody wanted to insure me...turned down by 6 places as i am a new company with no history. i have a 2 million dollar insurance policy and am paying 2500 a yr/liability and 3250 a yr workers comp for just me. no employees...yet. its pricey but had to do it.
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  #25  
Old 05-09-2011, 10:31 AM
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DA Quality Lawn & YS DA Quality Lawn & YS is offline
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Quote:
Originally Posted by HPSInc View Post
i am solo and needed workers comp to be able to work at my commercial properties. it will also cover me for plowing them in winter. nobody wanted to insure me...turned down by 6 places as i am a new company with no history. i have a 2 million dollar insurance policy and am paying 2500 a yr/liability and 3250 a yr workers comp for just me. no employees...yet. its pricey but had to do it.
i am guessing you were written for comp through your state's wc pool - right? Premiums are sky high.
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7x14 Stealth SE Enclosed with 48" side ramp
2013 Gravely Pro Turn 260 with Kohler 26.5 EFI
08 Toro Z400 48" deck, 21HP Kaw with EZ Vac twin bag
09 Exmark Turf Tracer HP 36"
21" Toro SR4 Super Recycler
Stihl KM90 Kombi w/ straight shaft trimmer & tiller heads
2 Husqvarna 125B Blowers
Turfco XT5 Aerator
Turfco LS-22 Overseeder
EcoLawn 200 Applicator

I can do all things through Him who gives me strength.
Philippians 4:13
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