Best Insurance For A Lawn Care Business

Best Insurance For A Lawn Care Business

November 23, 2022

Whether you’re launching a brand new lawn care business or a seasoned pro, having the right insurance coverage is vital to success. Insurance for your lawn care business will protect you from having to pay high costs for unforeseen damages or accidents.

At TruView, our insurance advisors work with you to find the best insurance coverage for your needs. We’re independent insurance agents, which means we work for you instead of an insurance company, so we’ll find you the best insurance for a lawn care business

Do I Need Insurance Before I Start a Lawn Care Business?

Having insurance before you start a lawn care business can keep you protected from the get-go, so it’s always a good idea to get it. Additionally, you are likely to have customers that require that you show proof of insurance. This means that having insurance in place will actually help you EARN more income for your landscaping business.  But that doesn’t mean you can’t insure your business if it already exists. Lawn care business managers with companies already in operation can still purchase insurance for protection. 

What Types of Small Business Insurance Do Lawn Care Professionals Need?

At a bare minimum, lawn care professionals should purchase general liability insurance to cover the costs of any damage resulting in bodily injury or property damage that you might be responsible for.  . You can also select many other components for your insurance coverage. 

  • General Liability Insurance– This insurance provides coverage for bodily injury, property damage, and personal injury.
  • Workers’ Compensation Insurance – Most states, including Arizona, require companies with more than one worker to secure workers’ compensation insurance to cover job-related employee injuries or illnesses.  If you have even 1 part-time employee, you are required by law to carry this coverage.  If you do not carry this coverage, you can be fined up to $10,000.
  • Commercial Property Insurance – Commercial property insurance provides coverage for any stolen or damaged items at your business’s location or storage site. 
  • Tools and Equipment Insurance – This is sometimes called Inland Marine or an Equipment Floater.  All the equipment and tools you have  will be covered with this type of insurance, no matter where you take them. 
  • Commercial Auto Insurance - Commercial auto coverage provides coverage for bodily injury and property damage from an auto accident that you’re responsible for.  Additionally, it can provide coverage for any physical damage to your vehicles and/or trailers.

How Much is Insurance For a Lawn Care Business?

The cost of insurance for your lawn care business depends on several factors, including the type of insurance you purchase. Here’s a quick breakdown of the types of small business insurance that lawn care companies may purchase and the factors that influence their costs. 

  • General Liability Insurance: Risk of business tasks, company size, number of employees. 
  • Workers’ Compensation Insurance – The type of job your employees do (installation, maintenance, or tree trimming are all different rated classes), and the annual payroll associated with each type of job.
  • Commercial Property Insurance – Location of the business, condition of business building, age and value of property, and the size of your primary business site. 
  • Tools and Equipment Insurance – The value and quantity of your tools and equipment and the manner in which your equipment is stored.
  • Commercial Auto Insurance - (feel free to clean this up) # of vehicles, size of vehicles (heavier vehicles are more premium).  

How To Get Insurance For A Lawn Care Business

Don’t let Internet search results tell you where to find the best insurance for your lawn care business. Instead, use an independent insurance agent. Independent agents are different because they work in your best interest. They’ll serve as trusted advisors – not quote machines – to help you find the best insurance for your business needs.  

At TruView Insurance, our independent insurance agents have a proven track record of helping small business owners in the Phoenix area find insurance that best fits their needs. We work with our customers to tailor insurance options to their budgets and coverage needs. If you’re ready to insure your lawn care business, call our office to speak to a professional insurance advisor today.