How much insurance coverage?

Discussion in 'Business Operations' started by jaybow, Oct 21, 2008.

  1. jaybow

    jaybow LawnSite Bronze Member
    from Mi
    Posts: 1,084

    I was wondering how much insurance coverage most commercial accounts require you to carry on your liability insurance.
     
  2. dura to the max

    dura to the max LawnSite Silver Member
    from georgia
    Posts: 2,246

    1 million is the normal around here, and i think its about the norm nationwide.
     
  3. jaybow

    jaybow LawnSite Bronze Member
    from Mi
    Posts: 1,084

    How much are you paying every six months.
     
  4. dura to the max

    dura to the max LawnSite Silver Member
    from georgia
    Posts: 2,246

    mine is yearly, and i think its about 1k...not really sure though
     
  5. Scgentlman1

    Scgentlman1 LawnSite Member
    Posts: 39

    My coverage cost me 57.00 a month for 1 million dollars @ also includes 18,000 dollars theft on equipment.
     
  6. Richard Martin

    Richard Martin LawnSite Fanatic
    Posts: 14,700

    $66 a month for 1 mill liability and 20 thou equipment.
     
  7. J & D Greens

    J & D Greens LawnSite Senior Member
    Posts: 763

    Shopped around got it for 450.00 a yr. 1 million liability, rental equip. cov. and $4,000 equipment. I know its not much coverage but I'm small right now.
    Just 20 accounts.
     
  8. b121774

    b121774 LawnSite Member
    Posts: 206

    Mine is $2600 a year but it's based on payroll?! 3 employees at $80,000 on average a year. It also includes coverage for pesticide apps. but nothing for equipment. That is a seperate policy and that is $500 a year. Probably cause I'm in CALIFORNIA.
     
  9. AdamChrap

    AdamChrap LawnSite Senior Member
    Posts: 937

    We have 2 Million cost is about $2000 a year
     
  10. garnersgardening

    garnersgardening LawnSite Member
    Posts: 73

    Look up Hortica Insurance. They are an industry specific insurance they had the best to offer when I opened this year
     

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