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  #1  
Old 10-25-2012, 06:59 PM
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dstifel dstifel is offline
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insuramce

Thinking about switching from 1 mil gen liability to half mill. Will save me close to 500$ a year and since I do residential only shouldn't cause any problems there. What do you guys think?
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Old 10-25-2012, 07:10 PM
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Quote:
Originally Posted by dstifel View Post
Thinking about switching from 1 mil gen liability to half mill. Will save me close to 500$ a year and since I do residential only shouldn't cause any problems there. What do you guys think?
I carry a mil as well, I wouldn't decrease that coverage. Better to be safe than sorry. Better to spend that extra $42.00 a month for peace of mind, if nothing else. I do mostly residential too.
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Old 10-25-2012, 07:11 PM
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grandview (2006) grandview (2006) is online now
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Bump up your deductible ,that should lower it a bit.
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Old 10-25-2012, 11:58 PM
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Blades Lawn Maintenance Blades Lawn Maintenance is offline
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Im looking at getting insurance
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Old 10-26-2012, 12:24 AM
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We carry $3 million. We are obligated to carry it but its a good thing. When LCOs are forced to have insurance it makes for even playing fields and helps eliminate the super low ballers.
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  #6  
Old 10-26-2012, 01:16 AM
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dstifel dstifel is offline
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insuramce

Dont get me wrong I want insurance I have no accounts that require it but being raised in a strong union family I would never go without just wondering how much I need being a solo operator with no commercial accounts.
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2012 chevy 2500
2012 ford f250
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lesco spreader sprayer stand on
case 1845
western plows
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  #7  
Old 10-26-2012, 01:19 AM
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For residential with no employees $500k should be ok. Once tou hire employees definantly bump it over a million
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Old 10-26-2012, 01:25 AM
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So when you get insurance. What kind do you get? I'm guessing general liability?
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Old 10-26-2012, 01:32 AM
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Yea general liability and then workers comp when you hire employees.
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  #10  
Old 10-26-2012, 02:51 AM
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Nate'sLawnCare Nate'sLawnCare is offline
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I carry a million liability with a $250 deductible and it's $625 a year as long as I don't cut trees and don't spray chemicals. In December, I should be getting the applicator license, so I'll find out then how much it will go up.
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