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  #31  
Old 01-03-2010, 10:53 PM
Scagmower48 Scagmower48 is offline
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In order for you to get insurance, you have to have a legal business (pay taxes etc). You also have to be 18 to have a legit business.

Also you can't get any commercial unless you are legit. They require you to fill out a form so they can write your services off.
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  #32  
Old 01-03-2010, 10:57 PM
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Cuttinitclose Cuttinitclose is offline
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Quote:
Originally Posted by Scagmower48 View Post
In order for you to get insurance, you have to have a legal business (pay taxes etc). You also have to be 18 to have a legit business.

Also you can't get any commercial unless you are legit. They require you to fill out a form so they can write your services off.
Ok then that settles that for 2 years. Just have to be careful!
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  #33  
Old 01-03-2010, 11:03 PM
Scagmower48 Scagmower48 is offline
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And you have to realize that you will not get any commercial jobs, and also I have had homeowners ask me if I had insurance. If I didn't they prolly wouldn't hire me, b/c they had the concern to ask. Without a legit business you can only go so far. Your technically not supposed to be doing anything. If the IRS catches you then you are in trouble.

By the way I pay $502 for a 1 mill liability coverage.
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  #34  
Old 01-04-2010, 09:07 AM
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JFGauvreau JFGauvreau is offline
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Quote:
Originally Posted by thu cutting edge View Post
start with a million coverage. then when you grow bump it to 2 million. i know it sounds alot but isnt that much difference. then you will look into being bonded. but thats a different ball field. but to bid on some of the projects i do, you need 15 mill to even be looked at.
Didn't even know you could have up to 15mil in coverage.
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  #35  
Old 01-04-2010, 09:26 AM
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CHRIS92789 CHRIS92789 is offline
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You DO NOT need to be a legal business to have insurance. You can LEGALLY run a business under your own name and your social security number, that is exactly what i do right now. I file my taxes and have a million dollar insurance policy, i am over the age of 18 thought, but i know a few landscapers in my area who are under 18 and are completely legal. imo call your local insurance agent... What services do you offer? Just lawn maintenance? your insurance will be around $500.00 for that for a mill. If you need any help with this just let me know.

-chris
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  #36  
Old 01-04-2010, 09:44 AM
Scagmower48 Scagmower48 is offline
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i guess my post was deleted (figures)

my insurance company did requre me to be a legal business. They required my tax id #. Maybe some companies don't then.
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Connecticut Pesticide Supervisor License

2002 Dodge Ram
16 Ft. Car Trailer
2011 Ferris DD Comfort Control 52
2009 Kubota ZG227 27 H.P. 54"
2008 48 Scag Belt Driven WB with a 17 kawi
Stihl Handhelds
95% Solo Operation
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  #37  
Old 01-04-2010, 09:48 AM
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Cuttinitclose Cuttinitclose is offline
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Ok thanks. I'm going to check around.
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  #38  
Old 01-04-2010, 10:24 AM
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CHRIS92789 CHRIS92789 is offline
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What happens is you would run it under your social not an ein. If he doesnt have any employees he is fine to use soc.
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  #39  
Old 01-05-2010, 01:09 PM
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Lazer Cut Lazer Cut is offline
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When I was 17 nationwide would not let me get insurance but gave me to another guy. He would insure me but it was $200 more cause I was younger and also had to be paid up front no monthly payments.

Just my experience... now that I am 18... its about $5-600 for 1 mil coverage $8,000 scheduled towards my mower and $2,000 blanket which covers just basic general hand tools and what not.
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  #40  
Old 01-06-2010, 09:30 PM
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Cuttinitclose Cuttinitclose is offline
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Im ready for the snow that is underway. Replaced battery, put chains on tractor, and added more weight. Expecting 5-7" by tomorrow afternoon. Ill see what I can do for pics.
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