Insurance for the Yard Care Business

I've had several people contact me about what insurance is neededfor the lawn business. Below are a few explanations.General Liability- for harm to some body or their property. Large corporations and government need liability insurance of 1 million coverage.Health- If something happens to you while working, you need to ensure that your health insurance may cover you if you can not work.Workers compensation- Compensates employees for work-related accidents and diseases. Some states don't involve this type of insurance. Personnel comp is not required for less-than 5 employees, where I live (TN). Expense of personnel comp differs by state.Business Auto- addresses business vehicles.Cost depends on:* Type* Size* Quantity of vehicles* How far it's pushed everyday* What it's haulingBusiness Owners Policy( BOP )- Package insurance which includes:* General Liability* Business Interruption Insurance- changes business income andpays expenditures such as gear, office rent, fire, robbery, or other loses. Cost $300- $400 a Bond -Covers the choosing contractors in the event you default face to face. Sometimes, this might be required for commercial jobs. Once you become established they may postpone the bond.Surety bonds are usually not needed for residential accounts, unless you are using pesticides or herbicides. Ask-your insurance agent.Unless you have costly equipment, I would take into consideration not assuring the equipment, but to not guarantee equipment must be always locked by you with locks which can be quickly to open and close. I use the locks using the 3 numbers( Masterlock) or important locks, never do combination. Takes a long time to open.Before I began securing my equipment down, I'd equipment stolen from my trailer. Later on, my truck was compromised actually being based. Lawn equipment is taken a great deal. Over you most likely think. Just how long do you think it requires to drive past a truck and steal a $500 blower? About 5 seconds. Thats a a looking for insurance there are 2 classifications.* Insurance agents- Frequently characterize 1 company* Insurance brokers- Represent many different companies Cumming Lawn Care.I like working with brokers simply because they are in your corner and shopseveral businesses for value and quality. Usually get four to five quotesbecause charges may differ greatly.Best of Luck!