Being a landscaper carries many risks from your equipment being stolen, causing property damages, and injuries while on the job. A landscaping insurance policy can help protect you and your business from losses. We’ve evaluated the best business insurance providers based on coverage, financial stability, customer satisfaction, and overall quality
Next Insurance leverages AI technology to streamline the process to purchase insurance, track claims, and manage policies at no additional cost.
Coverwallet began its journey in New York City in 2015 operating under the Aon Insurance banner. At Coverwallet, you can access everything you need to keep your company well-protected at an unbeatable price.
With a 100-year history of insuring businesses, Hiscox is well-known across America and globally. With more than 500,000 small business customers, Hiscox is fully aware and trained in the unique risks a business can face.
Thimble provides business insurance that can be tailored to your business by the year, month, day, or even the job. At Thimble, the process to getting the right business insurance is simple, scalable, and flexible.
Landscaping insurance is also called lawn care business insurance. Landscaping insurance is not a specific policy offered by insurance providers. Rather, it is a combination of policies based on a landscaping business’s specific coverage needs. Coverage needs vary based on the kind of landscaping work a business does. Basic insurance policies that can fall under the umbrella of landscaping insurance include general liability, commercial auto, business owners property (BOP), and workers compensation.
While it is a good idea for all business owners to consider obtaining insurance, some basic types of coverage such as general liability, property, and workers’ compensation are often required by state law and municipal codes. Additionally, some clients will not hire you if you do not have landscaping insurance.
Specialized landscaping insurance should be strongly considered by landscapers, tree trimmers, and even landscape designers. Having landscaping insurance will give you peace of mind in case you are injured on the job or have suffered losses due to theft or damage.
Landscaping insurance is not a specific type of insurance like car insurance. Insurance policies will come with specific inclusions and exclusions, so make sure to read your policy information to be aware of the limitations. Here are some common types of policies included in landscaping insurance and what they typically cover.
This is the most general type of insurance. It covers property damage, including any of the client’s property that you or your employees damage while on the job. It also covers bodily injury, whether that injury is a result of your own action or the fault of one of your employees.
Property damage caused by trees can be tricky. Coverage can vary depending on the location of the tree and the specifics of the situation. If a tree in your client’s yard fell over due to improper trimming and maintenance, the insurance policy would determine what is covered and your responsibilities towards the damage.
Landscaping work can be dangerous. There is always a risk of falling tree branches, slipping off of ladders, or throwing out your back. General liability will cover any losses sustained due to accidents such as these.
Weather can be brutal and can cause damage to your equipment. General liability will cover damage to a landscaping business’s property due to weather. Also, it can cover theft, false claims, legal fees, threats of libel, and slander. General landscaping insurance can exclude certain specific items such as flood damage, which often needs to be purchased separately. There can also be coverage limits, so make sure to read your policy information to be aware of the limitations.
If you use your car to transport your tools and equipment, you will most likely need a commercial auto policy. Standard auto policies usually have restrictions around vehicles that are used for work. Commercial auto insurance can also cover vehicles, such as dump trucks, trailers, and utility vehicles.
Commercial auto coverage varies based on factors such as location and type of vehicle. It is a good idea to read potential commercial auto policies carefully before choosing one to make sure that your vehicle meets the requirements and that the insurance policy covers your needs.
If you plan to hire employees to work for you, you should consider obtaining workers’ compensation coverage. Workers’ compensation coverage protects your company against claims of injury or other incidents made by employees. It also protects employees if they get hurt or fall ill due to job activities.
A business owner’s policy, or BOP for short, is often purchased by business owners with less than 100 employees and revenues under $5 million. A BOP is an “umbrella policy” that contains several unique policies that are often needed by landscapers. It frequently covers property damage, business income loss, and equipment breakdowns.
Landscaping insurance has coverage limits just like any other type of insurance. Policy coverage limits vary based on needs, and can be anywhere from $20,000 to $5,000,000. Some policies have a maximum number of trees or shrubs covered or a max replacement value for a single tree. Some policies don’t cover property damage that is caused by hail, pests, or windstorms. Damage caused by flooding will usually require a separate policy to be covered. Read your landscaping insurance policies to make sure you are clear on your coverage limits.
Landscaping insurance premiums cost anywhere from $400 to $10,000 per year. Higher deductibles can decrease annual premiums. Landscapers should discuss their needs with insurance providers to find the right balance of premium and deductible. Landscaping insurance costs depend on the following factors:
Now that you have decided to purchase landscaping insurance, you may be asking yourself, “How do I choose the best policy for me?”