How much does Liability Insurance cost?

Discussion in 'Starting a Lawn Care Business' started by MJK, Jun 21, 2006.

  1. MJK

    MJK LawnSite Senior Member
    Posts: 356

    Trying to see if i can afford Liability insurance or not.
     
  2. Brendan Smith

    Brendan Smith LawnSite Bronze Member
    Posts: 1,196

    can you afford not to have it?
     
  3. Trinity Lawn Care  LLC

    Trinity Lawn Care LLC LawnSite Senior Member
    from NJ
    Posts: 946

    Different places different companies it is all going to vary. However, you are talking 1k -2k average. Depending on how much and what you have covered. Ours is more then some and less then others. However, our policy covers gen liab. inland marine, auto, snow plowing, chemical, and fire. That is why I didn't put how much ours is. Last year Gen liab, inland marine, and fire cost us around $1,600 for the year.
     
  4. nekos

    nekos LawnSite Member
    from chicago
    Posts: 66

    that's expensive !!!
    i have a 1 mill liability... only costs me $385 a year.
    it does cover damage to my equipment but not my truck.
    it basically just cover's me if i break some one else's property :)
     
  5. MJK

    MJK LawnSite Senior Member
    Posts: 356

    Thats what i want something to cover me busting someones property.
     
  6. nekos

    nekos LawnSite Member
    from chicago
    Posts: 66

    i beleive it's called a limited liability policy < i don't remember off hand > i got it to cover me for plowing snow and it only cost me an extra $15 a year to add landscapeing to the policy. i got it thew american family insurance.
     
  7. Trinity Lawn Care  LLC

    Trinity Lawn Care LLC LawnSite Senior Member
    from NJ
    Posts: 946


    That's a pretty good price. Of course ours covers theft, damage, all the bells and whistles. However, huge difference in price. We pay about 6k a year. That includes 1mil gen, auto, snow, chemical, inland marine, fire, etc.
    Course I am in Jersey the insurance, and attorney capital of the nation(lol). I think that 1 mil gen liab around here would probably be around $500 to $600.

    I know of others around here that are paying even more then we are. However, most LCO's just starting out probably do not need much more then a 1mil gen.

    Btw, Nekos I agree with you that is expensive! And customers wonder why I will not cut lawns for less then what we charge (lol).
     
  8. ALL Around Xteriors

    ALL Around Xteriors LawnSite Member
    Posts: 21

    I pay about $800 just for liability. And that just for grass cutting. My ins. wants more $ for landscaping :cry:
     
  9. jlohouston

    jlohouston LawnSite Member
    Posts: 40

    1 mil = $600 for me
     
  10. WPLE

    WPLE LawnSite Member
    Posts: 153

    300,000= $148 for me. Just liability
     

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