Your landscape company comes with unique risks that need to be insured for you to have financial peace of mind.
Shopping for insurance for your landscaping company can take hours of searching, translating new insurance lingo, and almost limitless options to compare. Sounds like a mountain no one in their right mind would dare to climb. But it doesn't have to be this confusing, especially if you start on the right foot. Here are a few things you need to know about insurance for your landscaping company.
- Your Insurance Needs and Risks
To insure your business, you must know the perils and risks that come with landscaping. What are the potential accidents and injuries that your employees face? You need to consider the equipment, too. How much will you need to replace every tool required for your business? The best you can do for your business is to expect and prepare for the worst, but hope for the best.
- Consider Your Deductible
Your deductible will be the amount you have to pay before your insurance kicks in. The lower your deductible, the higher your premium, but you don't pay as much come claim time. The higher your deductible, the less your premium, but the more you pay out of pocket.
- Overestimate Your Coverage Needs
Between attorney fees, settlement costs, and medical bills, you want to assure yourself that you have more than enough coverage to deal with the worst-case scenario. It is for this reason that many landscape business owners over-insure their business. (We promise it's not a ploy to get you to buy more!)
Landscaping insurance does not have to be confusing, and if you consider everything above, it won't be! We are located in White Plains, New York and are here to serve you! Contact us today for a quote!
