Cost of liability ins.

Discussion in 'Business Operations' started by Twotoros, Mar 6, 2002.

  1. Twotoros

    Twotoros LawnSite Senior Member
    Messages: 494

    I have a quote for 645$ a year which is based on 35k of payroll and up to three employees including myself. Does this sound ok?
  2. LawnLad

    LawnLad LawnSite Senior Member
    Messages: 738

    Sounds a little steep based on your payroll, but they may be adding in your payroll if you're not a corp. It also may be your market.

    shop it arond. Find an agent that can give you multiple quotes from different companies.
  3. tailoredlook

    tailoredlook LawnSite Member
    Messages: 142

    Try National grange mutual. just over $500 for 1 mil policy plus payroll. $250 deduct.
  4. Andy Miller

    Andy Miller LawnSite Member
    Messages: 28

    We are a small father and son part time business. I am sick to death of paying the same for liability insurance as the larger operators. Five hundred dollars a year for insurance is 10% of our gross. Why do we have to pay for 12 months of insurance for a 26 week business? This has put us out of business. The greed of the insurance industry and the lumping of all size business and the million dollar amount is TOO MUCH.:( :mad: :mad:

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