If you are getting ready to start a lawn care business, one thing you need to get in order before you start taking on customers is your business insurance. For most businesses, the most convenient and cost-effective solution to getting the right insurance cover is to get a package with an insurer that includes all of the policies they need. Here, we look at the types of business insurance policies most often needed in packages for lawn care businesses, and what they protect you against:
Workers’ Compensation Insurance
If you employ anybody else in your lawn care business, you have to have workers’ compensation insurance. This is also something to remember if you start out on your own but then end up hiring other people to work with you as your business grows. You will be able to add it to your existing package or scale it up to account for more staff as and when you need to.
Workers’ compensation insurance is essential because it covers you in the event that someone working for your lawn care company gets injured or suffers any other kind of personal loss as a result of doing their jobs, or if they are injured on your premises or the site where you’re working.
Compensation claims can be financially devastating to a small business, and you need to be able to take care of your employees in the event of an incident without it wiping out your company. This is why workers’ compensation insurance will always need to be included in your package when working out your monthly lawn care insurance cost.
Tools and Equipment Insurance
As a lawn care company, you will have to invest in equipment and tools that will be essential to you being able to conduct your business. For this reason, you’ll probably want an insurance policy in your business insurance package that covers these items.
General Liability Insurance
General liability insurance is an essential for just about every type of business and, naturally, lawn care is no exception. General liability insurance is the standard business insurance that covers you if someone outside of the company is injured or has their property damaged by you carrying out your work, or if this happens on your business premises.
As a lawn care business, you will be working at your customers’ properties, and so it is vital that you are insured in case any incidents occur. General liability insurance is a requirement for businesses to operate in most places, so it will always be included in a business insurance package regardless of what additional types of insurance you need for the type and size of company you are running.
Getting insurance for your lawn care business is quick and easy, and in general, once you’ve chosen an insurer and agreed on your policies and premiums, you can have your insurance activated instantly, allowing you to get to work with your first customers.