liability insurance

Discussion in 'Business Operations' started by causalitist, Jun 22, 2007.

  1. causalitist

    causalitist LawnSite Senior Member
    Posts: 610

    got any suggestions as to a good place to get liability insurance from?
    any to stay away from or any that are the most expensive?
    im in wisconsin if that matters.

    what am i looking at paying yearly for general liability as a solo guy working april-nov on 35 accounts?
     
  2. KTO Enterprises

    KTO Enterprises LawnSite Bronze Member
    Posts: 1,286

    It doesnt matter of you have 1 or 100 accounts. will pay same price as long as you are solo. Im wiht the hartford and pay around 550 a year for a million per occurrence and 2 million a year total.
     
  3. Mark in MD

    Mark in MD LawnSite Senior Member
    Posts: 322

    I think I pay around $600 for the same coverage. But most companies, including mine, want to cover your vehicle too, I believe. That will be significantly extra, of course.
     
  4. gdfelas

    gdfelas LawnSite Member
    Posts: 4

    wow this is my first year in the business and im paying $900. i guess everything is more expensive in mass. :cry:
     
  5. TSG

    TSG LawnSite Senior Member
    Posts: 444

    Usually the differance between the 600 and 900 is that the
    contract covers replacement cost of equipment, and your TRAILER.
    It is possible to get a policy for 450.00 if you only care about gen liability.
    Alan
     
  6. KTO Enterprises

    KTO Enterprises LawnSite Bronze Member
    Posts: 1,286

    Mine covers equipment but does not cover truck.
     
  7. causalitist

    causalitist LawnSite Senior Member
    Posts: 610

    thanks alot for the input guys, i just got quoted $517 for the same coverage as you guys, and $2500 of my equiptment thats "on premesis" i.e. in my garage.

    its not covered in transit, but thats an extra $90 . and all i'll get stolen is a backback blower or something.. not worth it.

    i hate insurance, dont have it on any of my cars/ trucks/motorcycles.
    its wisconsin, so im not required to. how i look at it is insurance companies are billion dollar companies because statistically, we all would be much richer without insurance... if they make money, then we are paying extra.
    i estimate ive saved around 15k so far.
    i finally had a commercial customer ask for it, so i have to get it if i want the job. it DOES make me very nervous side discharging and all, so i kinda wanted liability anyway.

    good to hear the quote i got is in line with yours, thanks for letting me know im not getting ripped off, because i dont have any time to shop around.
     
  8. TSG

    TSG LawnSite Senior Member
    Posts: 444

    You have to ask yourself
    If you trailer gets hit by an uninsured motorist, is your equipment covered.
    If you roll a ZTR, will they fix it.
    The cost of saying yes is 50.00/yr
    Life is a choice
    Alan
     

Share This Page