Liability Insurance Quotes

Discussion in 'Irrigation' started by hect911, Mar 3, 2006.

  1. hect911

    hect911 LawnSite Member
    Posts: 49

    I am trying to get a good deal on a 500,000 liability insurance (thats the minimum for my city). Can any of you guys lead me in the right direction.

    I should be getting a few quotes on Monday from a few local companies.

    Your advice is appreciated.

    Thanks
     
  2. ESprinklers

    ESprinklers LawnSite Member
    Posts: 39

    We have been with the same agent for years now. RLI was writing commercial lawn care policies which were VERY reasonable. When we first started out we were going through RLI and had a 1Mil policy which ran about $400 a year off of about $40,000 per year gross sales. I was told lately though that they were no longer going to be writing these. We are no longer covered by RLI just due to our business growing and needing some coverages that RLI didn't handle. I will give you our agents name and you can contact her directly for an additional quote. Can never have to many of these. I also have a guy who writes commecial vehicle insurance too that is about 1/2 of what we were quoted everywhere else.

    Our liability agents name is:

    Judeth Jenkins
    Select Insurance Group
    903-455-2664


    Hope she is able to help.

    Curtis
     
  3. hect911

    hect911 LawnSite Member
    Posts: 49

    I'll give her a call tomorrow (Monday). I'll post whatever quote she gives me.


    Thanks
     
  4. twj721

    twj721 LawnSite Senior Member
    Posts: 619

    just got mine through Texas Farm bureau for $589.00 a year on $1million with 500,000 per claim, $1000.00 dedutible set it up on 1/4 payments of $147.25 Hope this helps you Good luck Twj
     
  5. The Irritator

    The Irritator LawnSite Member
    Posts: 32

    Sounds like you guys are getting a good deal. Mine is based off of payroll and is 4%. We run 200K in payroll so you do the math.
     
  6. hect911

    hect911 LawnSite Member
    Posts: 49

    This is what I got.

    1629.00 a year for 1 Million 500,000. per occurence and other stuff I couldnt understand.

    I will go with a local company for 795.00 a year for 500,000 agg and 500,000 per occurence.
     
  7. WalkerMike98

    WalkerMike98 LawnSite Member
    Posts: 167

    If you walk into an insurance office what do you ask for. Commericial Liability Insurance or what. What do I say. Thanks
     
  8. hect911

    hect911 LawnSite Member
    Posts: 49

    As soon as I got my License, I called the city offices and spoke to the inspector in charge of irrigation installs.

    He briefly told me what I needed to conduct business in the city and then referred me to the engineering division.

    They advised me that if I wanted to install sprinklers on the city right of way (which is the first ten feet of your property) I would need a minimum of $500,000 general liability insurance, a $1000 irrigation bond and a $1000 excavation bond.

    I called my insurance and asked for just that!

    Both bonds cost me $125 each and the insurance cost me $795.00 a year.

    By the way, I am kind of low in funds so I haven't gotten my insurance (I will in a week or two).
     
  9. DanaMac

    DanaMac LawnSite Fanatic
    Posts: 13,156

    Mine is $530 for $2 million.
     
  10. ESprinklers

    ESprinklers LawnSite Member
    Posts: 39

    Mike98,

    Just walk into your insurance agency and tell them you are needing a quote on general liabililty insurance for an irrigation company. They are most likely going to ask you what your gross sales are and how much coverage you are going to need. I would suggest getting 1mil if you can swing it. Most commercial accounts will generally require at least 1mil in order to bid the job.
     

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