Landscaping Insurance – When and Why Do You Need It
You do everything you can and work hard to ensure that you satisfy your clients. You need to have everything you need to succeed, including the added protection for the health and safety of your workers. That is why investing in landscaping insurance tailored to small business owners like you is crucial. Take the time to understand coverage limitations and policy details. Insurance policies cover you no matter how big or small your landscaping business is.
Who Needs Landscaping Insurance?
The common misconception is that only the more prominent companies should get landscaping insurance. These days, companies who offer such services that can present proof of insurance are much more preferred. As long as you are part of the industry, whether as a landscaper, tree trimmer, landscape architect and designer, or maybe you offer lawn care or irrigation, you must have at least one insurance policy.
Types of Insurance
Most of the time, what would be required for companies is to get the general liability, commercial property, and workers’ compensation. It would be best if you familiarized yourself with these options. Here’s are the most important facts that you need to know about them:
- General Liability Insurance. This is primarily offered to those who protect your company from liability claims for property damage.
- Commercial Property Coverage. This is to help protect your company’s owned or rented property.
- Worker’s Compensation. This type of insurance helps employees who are injured or sick while on the job.
As a business owner, you must take the necessary steps to protect your business and your people by investing in landscaping insurance. The choice will come down to your preference. Remember that when making a choice, there are factors to consider – the size of the business, number of employees, services offered, and whether or not you own vehicles or trucks.