Running a lawn care business is rewarding, but it comes with its own unique challenges. From avoiding underground pipes to handling nature’s surprises, your work is anything but ordinary.
The good news is that there are insurance options tailored just for businesses like yours! While it might seem easier to skip insurance, finding the right coverage is actually simple and incredibly beneficial.
Securing insurance that covers equipment theft, property damage, or on-the-job injuries can protect you from unexpected costs and keep your business thriving.
We’ll share three essential tips to help you find the perfect insurance for your lawn care business. Read on to ensure that you’re fully covered and ready to grow your lawn care business.
Before diving into insurance options, take a moment to understand and evaluate the unique risks your business faces. Do you use expensive equipment that could get stolen? Are there potential hazards that could cause property damage or injuries on the job?
These risks can halt operations unexpectedly. By understanding and preparing for them, you can ensure your business remains protected and runs smoothly.
Here’s a closer look at what your policy should primarily protect you from:
Accidentally damaging your clients’ property is common in lawn care. This can include breaking underground sprinkler systems, damaging fences, or spoiling expensive landscaping features (e.g., statues or fountains).
As a lawn care business owner, you rely on your high-value equipment, like lawnmowers, trimmers, and leaf blowers, every day. Unfortunately, these tools are prone to theft and damage. They can sometimes be stolen from job sites or storage areas and may get damaged during use or transport. When you lose these essential tools, it can disrupt your schedule and lead to costly replacements.
Lawn care does come with its share of risks. Your team handles sharp tools, heavy machinery, and chemical pesticides, so despite thorough training, occasional minor injuries like cuts, sprains, and bruises can happen. It's important to have enough insurance to cover medical expenses and lost wages if someone does get hurt on the job.
The use of pesticides and herbicides in lawn care, while effective in maintenance, has environmental impacts. Runoff from treated areas may affect local water sources and wildlife, as well as your workers’ health. By having adequate insurance coverage, you can mitigate potential liabilities and ensure you comply with environmental regulations, all while continuing to provide excellent service to your clients.
When finding the best insurance for your lawn care business, it pays to shop around and compare costs. Not all insurance policies are appropriate for your needs. Prices can also vary widely between providers.
For example, given the risks associated with lawn care accidents, it’s crucial to protect your employees with adequate workers’ compensation insurance. Remember, the average cost per medically consulted injury is $40,000 while uninsured work injury costs total $15 billion per year!
After assessing your risks, reach out to different insurers for customized policies that fit your needs. It's smart to look for cost-effective options, but make sure the coverage amounts, claim limits, fees, and policy details can truly support your business during tough times.
Bundling your insurance policies can make the process of securing your insurance a lot easier. Instead of juggling multiple policies, you can combine them into one package. This simplifies renewals, claims, and other admin tasks.
Start by figuring out your total insurance needs based on your business operations, assets, and potential risks. Think about the equipment you rely on, the chance of employee injuries, and any liabilities that might come up. This will help you see what types of coverage you really need.
It’s also a good idea to talk to licensed insurance consultants. They can help you understand the details of each bundled package, explain what’s included, and show how different coverages complement each other.
Commonly bundled lawn care business insurance policies typically include, but are not limited to, the following:
Tailored insurance coverage is both a protective measure and a strategic asset for lawn care businesses. Standard policies might be cheap and easy to get, but they don't offer much protection.
As your lawn care business grows it’s important to ensure your insurance coverage keeps pace. Consult the insurance experts at CoverHound to review and adjust your policies. Our team will assess your needs and suggest specialized bundles that cover your most likely risks. Ready to get started? Book a consultation today!
Insurance shopping simplified
Insurance shopping simplified
