What are you paying for your insurance?

Discussion in 'Starting a Lawn Care Business' started by i8uwithalime, Feb 25, 2011.

  1. slicknick

    slicknick LawnSite Member
    from Ohio
    Posts: 194

    251 for 1 million liability and 20k equipment! for a year! cheap i know
     
  2. eco.lawns

    eco.lawns LawnSite Member
    Posts: 183

    just remember that price correlates with value. You wont think its such a "deal" when you have to make a claim
     
  3. slicknick

    slicknick LawnSite Member
    from Ohio
    Posts: 194

    What do you mean? 1 Million liability is the standard and 20k equipment is actually a little more than my equipment is worth. I'm a solo op, thats why its so low.
     
  4. Georgia Lawn Works LLC

    Georgia Lawn Works LLC LawnSite Senior Member
    Posts: 365


    Who do you have?
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  5. slicknick

    slicknick LawnSite Member
    from Ohio
    Posts: 194

    State Farm
     
  6. Georgia Lawn Works LLC

    Georgia Lawn Works LLC LawnSite Senior Member
    Posts: 365

    Wow. State farm for 1 mil/20k huh? That's not bad. I'm going to have to check into state farm and see if its that cheap in my area. If it is I'm going with them.
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  7. slicknick

    slicknick LawnSite Member
    from Ohio
    Posts: 194

    I'd definitely check it out. I don't know how it works but they told me since I was solo, and had no employees, that its cheaper than usual. When I went to the office, they gave me a quick quote based on other companies with 1 mil and 30k and they were paying 659, and they told me expect the 500-600 range. Well when I got the official quote in the mail Wednesday, it was 251, so I went in there yesterday and locked it up.
     
  8. twcw5804

    twcw5804 LawnSite Senior Member
    Posts: 439

    I have everything statefarm except my business is with American Family. Statefarm wasnt close, im at $400/year with amfam with $2mil general liab and around $10k equipment
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  9. eco.lawns

    eco.lawns LawnSite Member
    Posts: 183

    Slicknick. Im sorry i didnt first ask which company your with. State farm is the biggest and best insurance company out there but they usually arent the cheapest so ur getting a killer deal. My grandpa dad and brother are all agents.
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  10. tradeyouraccounts

    tradeyouraccounts Banned
    Posts: 344

    We are $70 a month, thats too much by the looks of some of your prices i gotta shop around.
     

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