Please help with an Insurance question!

Discussion in 'Starting a Lawn Care Business' started by letzgoblues, Jan 28, 2010.

  1. letzgoblues

    letzgoblues LawnSite Member
    from StL
    Posts: 243

    I would like some feedback on what insurance to buy. Is there coverage that includes the trailer and all the equipment in one package? What are the common rates for coverage? What is the best company? Any input would help I am located in St. Louis. Thanks Bryon
     
  2. echeandia

    echeandia LawnSite Bronze Member
    Posts: 1,131

    I don't carry insurance on my trailer. As long as it is connected to my truck it is covered by the truck insurance.
     
  3. SangerLawn

    SangerLawn LawnSite Senior Member
    from indiana
    Posts: 736

    This is a touchy subject so I recommend calling an insurance company to make sure. As far as us, all of our equipment is insured on 1 policy including our trailers. This is jus incase they are stolen. If the trailer is hooked up to a truck our auto insurance covers that if there is an accident. Because of our trucks being for the business we could not have normal auto insurance. I think the new police is written as utility insurance
     
  4. letzgoblues

    letzgoblues LawnSite Member
    from StL
    Posts: 243

    The truck I use is also my family car. It is insured with my wife's car. Will I need to insure it as a work truck also if something happened while I was working? Should I tell my agent that it is also a work truck? This seems confusing. I was also wondering you pay for your insurance and what is covered.
    Thanks
     
  5. letzgoblues

    letzgoblues LawnSite Member
    from StL
    Posts: 243

    What about the equipment in your trailer Echeandia?
     
  6. SangerLawn

    SangerLawn LawnSite Senior Member
    from indiana
    Posts: 736

    This is why I said contact your insurance company because it is confusing….ask them if you need to change your policy. If you do it really isn’t that more expensive. Your rep is the only one that can answer your questions correctly….we do not carry nor even know about your policy. Be safe instead of sorry and make a phone call to the insurance company.
     
  7. echeandia

    echeandia LawnSite Bronze Member
    Posts: 1,131

    For accidents while on the trailer and attached to the truck the truck insurance covers it.

    It it is stolen it is covered by a contractors addendum to my business insurance.
     
  8. rnh719

    rnh719 LawnSite Member
    from Ohio
    Posts: 43

    I used to write insurance and it really does vary from state to state and company to company. Like many companies will not cover snow removal, some will not cover tree work but others will as long as tree work does not account for more than 10% of your income. I can tell you that State Farm will not cover you for anything other than basic mowing and planting. We were initially insured there (cars, house etc) but had to move our business b/c of their strict landscape policy guidelines. By far the best priced company I have ever been with is Auto Owners Insurance. I used to write insurance with them, along with other companies, when I worked for an independent agent. I know their naming being Auto Owners is a bit confusing as you'd think it's auto only but it's not. They are also better about giving you better and broader coverage. Their website is www.auto-owners.com I looked it up and they do provide coverage in your area. It has taken my husband and I a few companies to get to them (we started off with others and finally shopped around) but the savings was tremendous! Def. shop around and your best bet is probably an independent agent b/c they can shop a few different companies for you. My friend who owns a landscape biz switched to Auto Owners last year and my Grandparents did a couple of months ago as well as they were able to save $100 a month on their auto insurance for the exact same coverage. Good luck! :)
     
  9. echeandia

    echeandia LawnSite Bronze Member
    Posts: 1,131

    Talk with several insurance agents. Tell them what you do and get their advice. Then you can make an educated decision as to what best meets your needs. What I or anyone else on this forum does is not really relevant to your particular situation.
     
  10. SangerLawn

    SangerLawn LawnSite Senior Member
    from indiana
    Posts: 736

    We use state farm for everything except wprkman’s comp including snow removal. I am sure it is like other companies though…you have to get a policy written for that you need. We had to pay extra to cover us for snow removal.
     

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