Understanding lawn care insurance
Lawn care professionals manicure lawns, ground cover and shape and trim the hedging at the edges. (Tree trimming is typically not done by the lawn care company as this is a higher risk operation often involving use of lift equipment and ladders.) Maintaining a lawn is not always an easy or enjoyable task. Lawn care involves trimming, weeding, mowing, fertilizing and several other meticulous processes. Wealthy folks hire lawn care companies to maintain their lush lawn views. Landscapers typically deal with installation of sod, trees, ornamentals, hedging, etc. while lawn care companies mow the lawn and keep small plants and hedges trimmed and maintained. No matter how much experience you have had trimming and tending lawns, Lawn Care Insurance will protect you against client claims and liabilities. Lawn Care Insurance is designed to protect your business from property damage or bodily injuries resulting from your business operations. Include the following coverage in your Lawn Care Insurance program to protect your small business from financial losses:
- General Liability Insurance
- Commercial Auto Insurance
- Inland Marine Insurance
- Umbrella Insurance
Be it property loss or damage or if you cause injury to a person, there are several risk factors that this insurance package will shield you from. Examine these potential risk scenarios to better understand the importance of this insurance.
Business Owners Policy
General Liability Insurance covers claims against third-parties for property damage and bodily injury liability. It will protect your business if someone other than an employee suffers accidental damage to their home or gets hurt because of your business activity.
Inland Marine Insurance Since most of your owned assets are probably the equipment that travels with you from jobsite to jobsite in your truck, this insurance provides coverage for theft or sudden and accidental damage to the equipment that you need to run your business.
Worker’s Compensation Insurance
Workers’ Compensation is mandated in almost all states, be sure you check with your state’s requirements. This coverage pays your employee a percentage of lost wages, medical expenses, and/or death benefits for employees provided they were injured on the job.
Commercial Auto Insurance
Lawncare businesses are often mobile and drive in pickup trucks with trailers attached to transport equipment from one job site to another. Commercial Auto Insurance primarily covers the third-party costs for vehicle repair and medical bills if you are at fault in an accident. You will also be reimbursed for the damage caused to your commercial vehicle when you buy comprehensive and collision coverage for your owned vehicle. Most states have some sort of financial responsibility law for owning and operating a vehicle, be sure to check your state’s requirements.
If you have an extensive clientele, or perform work for mostly commercial business rather than residential, you may want to consider an Umbrella Insurance policy. This policy provides additional limit above and beyond the limits contained in your general liability, commercial auto liability and employers liability coverage.
The costs of Lawn Care Insurance depend on the scope of your business operations. We suggest you prioritize insurance coverage over insurance costs when looking to safeguard your business. Our agents will guide you through the most feasible policies within your budget range.