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  #1  
Old 01-14-2004, 02:15 PM
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greenback greenback is offline
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question on insurance???

i was quoted 4800 a year for $1 million coverage. did not get into the details of what it covers but do you think this is good. it was the lowest i was quoted so far.
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Old 01-14-2004, 02:59 PM
PSUturf PSUturf is offline
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What type of work is it covering? Do you have employees?
I pay about $1400 for $1 million per incident and $2 million agregate for general liability. I have no employees. It also covers my trailer, a couple of mowers, and other tools.
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Old 01-14-2004, 03:15 PM
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rodfather rodfather is offline
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Re: question on insurance???

Quote:
Originally posted by greenback
i was quoted 4800 a year for $1 million coverage. did not get into the details of what it covers but do you think this is good. it was the lowest i was quoted so far.

First of all, how is your business classified? Lawn maintenance, landscaping, what? It's a huge difference to your agent and really makes a big difference when getting quotes for WC rates as well.

And by the way, what is the $4800 premium covering? Does it include inland marine coverage for yoiur equipment, liability only, etc.?
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Old 01-14-2004, 05:49 PM
DJL DJL is offline
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Sorry is this seems harsh, but...

you can't ask a question like "is this a good price" if you don't supply the details. Is this quote for GL, WC, Comm. Auto, etc.? Do you have riders that go along with any of them? What are your deductibles? Do you have just liability or comp. to go along with the liability? If you have comp. on equipment being stolen what is the replacement value of the equipment? These are just SOME of the questions.
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  #5  
Old 01-14-2004, 06:14 PM
tawilson1152 tawilson1152 is offline
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Yeah, need more info, but like your avatar. Is that you?
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  #6  
Old 01-14-2004, 09:15 PM
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rodfather rodfather is offline
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Quote:
Originally posted by tawilson1152
Yeah, need more info, but like your avatar. Is that you?

If it is, I will personally drive from NJ to LI and assist in any way I can...LOL
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  #7  
Old 01-15-2004, 10:23 AM
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greenback greenback is offline
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well first of all my post is messed up, it is suppose to be $800 a year, sorry. if that pic was me i would not be a landscaper, i would be flashin them left and right... it is only me and one other guy, we are getting it to cover a commercial account, i just asked the insurance guy the price for a million dollar coverage for commercial landscapers. like i said i did not get into detail but is that a good start off price. if i want extrat coverage on stuff how much will it go up. ( those **** are basically perfect )
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  #8  
Old 01-15-2004, 12:24 PM
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TreffertLawnWrx TreffertLawnWrx is offline
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I pay 720.00 a year for 1 million liability and $15k worth of inland marine (eqpt) coverage. This is a landscaper policy which also covers me for plowing snow. This is thru State Farm. I am cool.
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  #9  
Old 01-15-2004, 01:31 PM
dougaustreim dougaustreim is offline
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We keep getting these questions on insurance rates. Different types of work are at different rates for WC and GL usually based on payroll. There are many many variables that determine a total cost of insurance. I pay over $24,000 per year and I think I get a great deal. I expect that I pay a lot less than many of those responding to these posts. These insurance questions are a lot like asking what did you pay for your truck? Was it a 1973 1/2 ton or a 2004 2.5 ton Diesel.
Doug Austreim
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