Got A Quote on insurance

Discussion in 'Starting a Lawn Care Business' started by kosty, Mar 2, 2006.

  1. kosty

    kosty LawnSite Member
    Posts: 82

    Got a quote back from state farm for gl and equipment ins. 300,000in gl and 2,000 in equip. this covers both lawn mowing and snowplowing and they quoted me 2366 a year for ins. is that a fair price
     
  2. hackitdown

    hackitdown LawnSite Silver Member
    Posts: 2,515

    sounds very high to me...
     
  3. bfstrider

    bfstrider LawnSite Member
    Posts: 35

    This is my first post. Just joined the site a couple of days ago to read and learn. I recently got 1,000,000.00 gl and 6800.00 on equipment for 600.00 a year. However, I will not be doing any snow plowing. I don't know how the rate I got compares to others.
     
  4. FSully

    FSully LawnSite Member
    Posts: 81

    look for an insurance broker...this way you can shop a few companies at once.
     
  5. B&D Lawn Care

    B&D Lawn Care LawnSite Senior Member
    Posts: 342

    Hey strider who did you get your insurance thru? Ijust reupped mine and my agent said it would cost me out the ass to include equipment. Right now I have 1000000 gl and it's about 460/6mths.
     
  6. nherweck

    nherweck LawnSite Senior Member
    Posts: 321

    I was quoted about two weeks ago: 1,000,000 gen. liability ins. and 12,000 in equip. just less than 600/year.
     
  7. PMLAWN

    PMLAWN LawnSite Gold Member
    Posts: 3,535

    1 mill GL with 200,000+worth of tools listed with them (but not all on one truck). No plowing-- $860 a year
    But I am 44 years old with a good credit rating, never any claim on any insurance, locks and alarm on storage lot. That may make a difference but I still think it is high
    I am with the Hartford and they also hold worker comp, and 2 of my investment properties.

    My personal home and auto is with Statefarm and they will not cover any business with less than 2 years profit. (yet they cover all 7 of my car/trucks, business or not) They also will not cover any of my rentals. I have Erie for other rentals and they were higher for my business by about $200
     
  8. bfstrider

    bfstrider LawnSite Member
    Posts: 35

    Robbins and Associates in Monroe N.C. 704-226-1300.
     
  9. james.kerr1

    james.kerr1 LawnSite Member
    Posts: 18

    anybody from florida and know of good insurance?????
     
  10. Bubaloso

    Bubaloso LawnSite Member
    Posts: 2

    1st post, I'm looking forward to a great season!

    I've got 2mil liability 25k equip and trailer, and I pay about 1200.00 a year.

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