Workers Comp Insurance

Discussion in 'Employment' started by Jbh0724, Apr 7, 2012.

  1. Jbh0724

    Jbh0724 LawnSite Member
    Messages: 201

    How much does workers comp insurance for a lawn care company? Anyone have an estimate on how much I am looking at spending as I grow my business?
  2. Duekster

    Duekster LawnSite Fanatic
    from DFW, TX
    Messages: 7,961

    Right now it is kind of cheap but figure on Commercial GL and WC will run you about 11% of pay roll.

    5.5 per hundred comp
    4.5 per hundred GL

    Plus you have to match FICA and you have SUTA /FUTA. A small amount of benifit. You want uniforms? For Estimates and to be on the safe side until you figure out the real numbers use a .45 multiplier. I have heard this from several people in different businesses, IE my wife worked for a staffing company, I have two friends that own business, Autobody Shop and Electrician. This will be high but you will be covered. Particularly if you do get some claims on WC/GL or even UE.
  3. landscapingpoolguy

    landscapingpoolguy LawnSite Senior Member
    Messages: 822

    Intuit has a wc program that lows you to pay as you go.
  4. grandview (2006)

    grandview (2006) LawnSite Gold Member
    Messages: 3,465

    If your solo you shouldn't need it.
  5. Brown & Co.

    Brown & Co. LawnSite Member
    Messages: 134

    Solo or subs wont need it.
  6. Duekster

    Duekster LawnSite Fanatic
    from DFW, TX
    Messages: 7,961

    If you have comp and use sun contractors expect to get a copy of theirs or pay based on the contract.

    Not doing it is not the same as not needing it.

    Yes however as a solo and or owner you are not covered by Comp but some of your GL might cover you for damages to others property
  7. jrs.landscaping

    jrs.landscaping LawnSite Silver Member
    from Maine
    Messages: 2,764

    My auditor told me whatever I pay a sub is included in payroll, therefore I have to pay WC on it, it might be different from state to state but that is how it was explained to me.
  8. GreenI.A.

    GreenI.A. LawnSite Silver Member
    Messages: 2,131

    Here in MA it is the same, what you pay a sub is considered payroll and figured into your WC, but if the sub is covered under their own WC policy then you can submit that so that you do not have to pay for them.
  9. 4 seasons lawn&land

    4 seasons lawn&land LawnSite Gold Member
    from NY
    Messages: 3,613

    you should only pay for subs if they dont have their own ins.

    And theres a whole section writen to stop you from making an employee a sub, before you get that idea.

    Mine is at the bare min for pay roll and is 1500 yr. Minimum liability is about 800 or 900 but I have 100k of equipment comp on mine, thats another 800. So 3200 total. I believe mine is on the cheap side but various things over the past yr have led me to believe they are a crappy company. Im considering paying more for a more professional company
  10. Jbh0724

    Jbh0724 LawnSite Member
    Messages: 201

    Thank you, this info has helped out a lot. I am looking into going ahead and getting the coverage even though I am below the limit for it being a requirement.
    Posted via Mobile Device

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