As an insurance agent specializing in the landscaping industry, I am often asked: “What types of insurance do I need?”

I think this is a great question and I recommend that you ask yourself and your insurance agent this question periodically as your landscaping business grows and every time your operations change. The purpose of insurance is to finance specific risks in your business. It is also helpful to keep in mind that insurance is a contract and the premium you pay purchases those exact coverages as defined by the insurance policy.

This response does not answer the question and there is not an easy answer to this question. Your insurance limits, types of insurance, and exact coverages, should be customized around the unique exposures of your landscaping business. As a lawn care business with one owner and no employees, this is easier to recommend. But even with these businesses, there is a lot of variety in insurance needs. Some of these businesses may be more comfortable with risk or have low values on their equipment and may not need to carry equipment floater insurance. Some may have one large commercial client and need higher limits of insurance to protect that exposure to loss. The insurance you should carry for your business depends entirely on the specific characteristics and needs of your business.

I leave this open-ended because I encourage you to look at your own insurance needs and analyze if they are properly covered with your insurance policies. Feel free to contact me directly or one of the other insurance agents at BearWise Landscapers if you would like to discuss this issue. We are available not only to offer insurance quotes, but also to be a resource.

The Agent Articles section of BearWiseLandscapers.com allows our insurance agents to provide practical information for landscapers. These agents can also obtain quotes and establish a custom insurance program for your landscaping business through our access to a variety of insurance carriers. This agent article is filed under (1) Insurance, and you can follow comments to it through the RSS 2.0 feed. Feel free to leave your own response below: