HOw Much doyou pay a month for Insurence and liability??

Discussion in 'Business Operations' started by Cashmonysonny, Mar 16, 2002.

  1. Cashmonysonny

    Cashmonysonny LawnSite Member
    Posts: 41

    I am starting my company this spring.. I want to haow much you pay on a monthly or yearly basis for you lawn company's insurence.. I also need to know about how much do lisences cost and how long do they last.:blob2: :blob2: :blob2:
  2. heygrassman

    heygrassman LawnSite Senior Member
    Posts: 509

    just got a quote for me only 300K in insurance, 10K in ins on the equip for $500 per year..

    there are many other threads of recent regarding this.

    I can not answer yout license question without knowing more info, licenses you are interested and state where you will operate.

  3. 500k liability ins. $350 year
    Trade name registration $12 per year
    Dept of ag. pesticide lisc. $350 per year
  4. mr lawn

    mr lawn LawnSite Member
    Posts: 5

    Here in NY, my 500k liability runs me about $ 800 a year, and I had a hard time finding it. Also, it costs me $20 a year for the name registration. Hope this helps you.....

    Mr lawn
  5. Commander

    Commander Banned
    Posts: 116

    Cost of insurance will vary from state to state, and from service to service. Also how much experience you have in the field is a big player in how much you pay. If you want to only cut grass then you aren't too bad off. If you want to do excavation or tree work then start saving for just insurance now. Keep this in mind, if you are covered for lawns and you bust up a house cutting down a small tree it's your @ss, or if you rent a backhoe or something like that and destroy a septic system, same deal. Another thing to think about... if you do, do damage like that and you don't get covered seeing as how you are 16, your parents could be held liable.
  6. Harvestman

    Harvestman LawnSite Member
    Posts: 233

    We Paid $1200.00 this year for $1,000,000 in liability. That does include a pollution coverage. Try www. Harvestman
  7. draftlawncare

    draftlawncare LawnSite Member
    Posts: 225

    $320 a year $1,000,000 and $ 0 deductible workers comp thats another story
  8. BigEd

    BigEd LawnSite Senior Member
    from MD
    Posts: 299

    You cant get business insurance at the age of 17.:rolleyes:
  9. rodfather

    rodfather LawnSite Fanatic
    Posts: 9,501

    My lialbility insurance is $4442.76 per year ( which includes my inland marine coverage as well).
  10. 65hoss

    65hoss LawnSite Fanatic
    Posts: 6,360

    $1300 for G/L with $2 mil and Inland marine policy.

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