What’s covered by lawn care insurance?
Depending on your needs, requirements and company size, there are different types of coverage applicable to your trade. The types of coverage you’ll need depends on the scope and practices of your business. In the Northern States, for example, lawn care companies often do snow removal in the winter, commonly using trucks not just for plowing but for transporting snow removal equipment as well.
Below are the common types of insurance coverages bundled for lawn care businesses:
Required by most states, Workers’ Comp protects your employees in the event of work-related injuries or accidents. It pays for medical costs, rehabilitation expenses, and lost wages. On the other hand, it also protects employers from lawsuits due to negligence.
A high priority for lawn care companies a building and physical assets.The insurance will pay to replace your property in case a natural disaster, criminal mischief and other events beyond your control cause a loss.
Having a commercial auto policy is essential to protect you from costly liabilities should an accident occur while doing business. If you use vehicles for business purposes, you’ll need a commercial auto insurance policy.
Considered to be one of the most important policies for lawn care business insurance, general liability protects you from various risks such as bodily injury, property damage, personal or advertising claims, and false or misleading advertisements, including libel, slander. or copyright infringement.
EPLI or Employers Practices Liability Insurance is a specialized type of insurance policy that provides coverage for employment-related charges like harassment, breach of contract, wrongful termination, discrimination, retaliation, and other work-related issues.
It might not sound applicable for your business but inland marine provides coverage for your goods should they become lost or damaged during transit. It protects your tools and equipment against theft, accidental loss, or vandalism.
The primary purpose of umbrella insurance is to extend your coverage when your policy limits are reached. This business insurance adds an extra layer of security should your policy reach the maximum declared coverage and can extend coverage on multiple policies at once.