insurance companies

Discussion in 'Florida Lawn Care Forum' started by Dr. Cornwallis, Nov 19, 2013.

  1. Dr. Cornwallis

    Dr. Cornwallis LawnSite Senior Member
    Posts: 847

    I'm fixing to buy a General Liability and Inland Marine policy and I was just wondering who you guys are using?
     
  2. TX Easymoney

    TX Easymoney LawnSite Platinum Member
    Posts: 4,089

    I use the Hartford. But maybe look into intuit.
    If you use QuickBooks, intuit can do the guesswork for you and allows for paying exactly what you owe as you go...instead of paying 1/2 or more upfront then being audited the next year and possibly paying a larger lump if your payroll increases...
     
  3. RussellB

    RussellB LawnSite Fanatic
    Posts: 6,484

    Ask your auto insurer for a reference or if they provide it.
     
  4. TheLugNutZ

    TheLugNutZ LawnSite Senior Member
    Posts: 410

    Sounds like you are talking about Workers Comp. WOrkers comp goes by payroll, thats why if you use intuit or say your payroll company to write the workers comp for you, you can pay as you go along.

    OP is asking about GL/IM (liability and property coverage)
     
  5. TX Easymoney

    TX Easymoney LawnSite Platinum Member
    Posts: 4,089

    Hartford does general liability as well as work comp...I suggest both for protection
     
  6. TheLugNutZ

    TheLugNutZ LawnSite Senior Member
    Posts: 410

    Typically if he is solo, he doesnt need workers comp. If he has health insurance and gets hurt he can use that. He NEEDS workers comp if he has employees (unless FL required it either way).

    GL is needed yes, so he doesnt lose everything he owns if he is sued.
     
  7. Dr. Cornwallis

    Dr. Cornwallis LawnSite Senior Member
    Posts: 847

    Thanks for the replies guys. So far Geico is the cheapest, and they're also my auto insurance provider. I'm going to give hartford a try and also look into intuit. I was quoted 830 a year for GL from geico, an extra 500 a year for inland marine (10k coverage)
     
  8. Landscape Poet

    Landscape Poet LawnSite Gold Member
    Posts: 3,638

    On your Inland - just check it to make sure how long it will take to pay out etc in case of a fire, theft etc. I carry Inland as well and think everyone should to protect their business however it the company does not pay out quickly if something like theft should occur and you do not have the cash to purchase everything to open up again - you could lose many of your accounts in the process of trying to rebuild. So know your terms going into the purchase and feel comfortable with the waiting period for the payout.
     
  9. TheLugNutZ

    TheLugNutZ LawnSite Senior Member
    Posts: 410

    Some companies will also pay for lost sales in the event of a theft/ claim if you are unable to work. Check into it.
    Posted via Mobile Device
     
  10. Dr. Cornwallis

    Dr. Cornwallis LawnSite Senior Member
    Posts: 847

    Excellent stuff, thanks a lot guys!
    Posted via Mobile Device
     

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