What Insurance Should a Landscaper Have?

Whether you are looking to start a landscaping business, or have been building one for years, you are likely familiar with the costs associated with the industry. Purchasing commercial equipment and maintaining it can quickly add up. Any business owner would want to protect their investment. Here are some common business insurance policies you should consider if you are in the landscaping industry.

Commercial Property

This coverage can protect your building and the equipment you use to operate your business. Some typical losses covered are theft and fire. Even if your business is home-based, homeowners’ insurance policies do not typically provide coverage for business equipment losses by flood or fire.

 

Commercial Auto

If you have vehicles to transport your landscaping equipment from job to job, a commercial auto policy is an important coverage to have. Commercial auto policies typically have higher coverage limits than personal policies.

Workers’ Compensation

If your landscaping crew is more than just you, consider Workers’ Compensation coverage. If you hire employees, it may be a state requirement where you live. Talk with your local agent today to see if Workers’ Compensation is needed for your business.

Professional Liability Insurance

Also known as Errors and Omissions (E&O Insurance), Professional Liability can help protect you if a client believes a mistake you made caused financial loss and decides to sue you. Some examples of situations that could expose your business to professional liabilities include offering advice that turns out to be inaccurate, or missing a deadline.

General Liability

General liability insurance can help protect your organization from third-party personal injury and property damage claims allegedly caused by the negligence of your company and/or employees. This coverage also sometimes provides coverage for libel and copyright infringement.

How Much Does Landscaping Insurance Cost?

What a business owner might pay per year to cover their landscaping business depends on a variety of factors. Some of these include the number of employees your business has, where your business is based out of, and the value of your equipment. Coverage limits will also determine your annual insurance costs. If your business has grown, you may want to think about increasing your coverage limits. Reach out to your local office to request a quote based on the needs of your business.

Landscaping Business Insurance Quote

If you are looking for a quote for your business, we would be happy to help. We have partnerships with the nation’s leading carriers as well as regional insurers to offer a variety of plans. Request a quote today from one of our offices in Maine, New Hampshire, Massachusetts, Rhode Island, Connecticut, or New York.

 

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This article is for general informational purposes only and is not to be relied upon or used for any particular purpose. Cross Insurance shall not be held responsible in any way for, and specifically disclaims any liability arising out of or in any way connected to, reliance on or use of any of the information contained in this article. The information contained or referenced in this article is not intended to constitute and should not be considered legal, insurance, accounting or other professional advice, nor shall it serve as a substitute for the recipient obtaining such advice. The views expressed in this article are that of its author and do not necessarily represent the views of Cross Financial Corp. and its subsidiaries and affiliates (“Cross Insurance”) or Cross Insurance’s management or shareholders.

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