can you afford not to have it?

 

Different places different companies it is all going to vary. However, you are talking 1k -2k average. Depending on how much and what you have covered. Ours is more then some and less then others. However, our policy covers gen liab. inland marine, auto, snow plowing, chemical, and fire. That is why I didn't put how much ours is. Last year Gen liab, inland marine, and fire cost us around $1,600 for the year.

 

Different places different companies it is all going to vary. However, you are talking 1k -2k average. Depending on how much and what you have covered. Ours is more then some and less then others. However, our policy covers gen liab. inland marine, auto, snow plowing, chemical, and fire. That is why I didn't put how much ours is. Last year Gen liab, inland marine, and fire cost us around $1,600 for the year.

that's expensive !!!
i have a 1 mill liability... only costs me $385 a year.
it does cover damage to my equipment but not my truck.
it basically just cover's me if i break some one else's property

 

Thats what i want something to cover me busting someones property.

 

i beleive it's called a limited liability policy < i don't remember off hand > i got it to cover me for plowing snow and it only cost me an extra $15 a year to add landscapeing to the policy. i got it thew american family insurance.

 

that's expensive !!!
i have a 1 mill liability... only costs me $385 a year.
it does cover damage to my equipment but not my truck.
it basically just cover's me if i break some one else's property

That's a pretty good price. Of course ours covers theft, damage, all the bells and whistles. However, huge difference in price. We pay about 6k a year. That includes 1mil gen, auto, snow, chemical, inland marine, fire, etc.
Course I am in Jersey the insurance, and attorney capital of the nation(lol). I think that 1 mil gen liab around here would probably be around $500 to $600.

I know of others around here that are paying even more then we are. However, most LCO's just starting out probably do not need much more then a 1mil gen.

Btw, Nekos I agree with you that is expensive! And customers wonder why I will not cut lawns for less then what we charge (lol).

 

Course I am in Jersey the insurance, and attorney capital of the nation(lol). I think that 1 mil gen liab around here would probably be around $500 to $600.

I pay about $800 just for liability. And that just for grass cutting. My ins. wants more $ for landscaping

 

1 mil = $600 for me

 

300,000= $148 for me. Just liability

 

Hello, what company is that through if you don't mind me asking?

 

1/2 million, most bells and whistles about $700.00 a year.. Not too bad for NJ...

 

1/2 million, most bells and whistles about $700.00 a year.. Not too bad for NJ...

what are the companies yall are insured with?

 

appreciate everyones feed but it would be awe3some if you all could list the companies you are insured with. I'm in need of acquiring insurance. And has anyone actually ever used your insurance for any accidents you can remember?

 

$1,000,000 liability costs $564 a year.
Called an artisan policy. Designed for small businesses.

 

This post is over 8 years old. I assume with inflation, these prices are higher today.

 

Ouch some of the prices you Americans pay for business insurance is a lot more than I do in canada and seems auto insurance is opposite.

I pay $875 a year for 5mil liability, $25 000 in equipment, $5000 in tools, snow plowing and a few others I can't remember.
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Would it be okay to start out with no insurence for the first year, or until my company generates enough to cover it's self and myself?

 

Can you drive without auto insurance? Sure you can.It's what happens when you need it and don't have that will be the problem.

 

3 mil at 500 yrly

 

1 million liability, plus inland marine, etc. $677/yr

 

$700 a year 2mil liability, just for grass. Landscaping/construction it goes up a bit, add snow removal and your looking at $2k+. Some companies in my area pay big money for snow removal insurance. Even when it's stated in the contract that they're not responsible for slips & falls, people still continue to go after the insurance company...

 

$700 a year 2mil liability, just for grass. Landscaping/construction it goes up a bit, add snow removal and your looking at $2k+. Some companies in my area pay big money for snow removal insurance. Even when it's stated in the contract that they're not responsible for slips & falls, people still continue to go after the insurance company...

 

Call an insurance company, it's a free quote. Instead of getting a price between $380 to $1600 you'll get a more precise price.

 

1 million for $350 a year.

 

I got 3 Mil aggregate GL policy, $457 a year with Liberty Mutual

It was $158/ year more to add in Tree trimming and $175 for snow removal.....so I don't do those

 

Its worth having trust me, not going into details. I pay $70 a month for my insurance, pretty basic coverage. Mainly covers me for damage to customers property and my equipment.

 

It is based on gross sales. The more buss you do the higher it is.