As a landscaper, your equipment is an essential part of your bottom line. If something goes wrong with your equipment, you may be prevented from working without an insurance policy that will allow you to replace your equipment. Landscapers need to carry business insurance in order to provide damages for property damage, bodily injury, advertising injury, and any lawsuits that result from the completion and results of a product or service.
The type of insurance you will will need depends on how you transport your landscaping equipment to and from the work site. You may use a pickup truck, van, trailer or a dump truck. The type of trailer you would likely use is a utility trailer. The trailer comes with electrical components that may become damaged, preventing you from signaling when you are turning or backing up.
Because of the nature of landscaping work, you will often be traveling from one destination to another. Even if you are using a personal vehicle for your business, it is unlikely that your personal vehicle insurance will cover any damages that result while you are using your vehicle to conduct commercial business. Instead, you should have any vehicle that you might use covered under a commercial vehicle insurance policy.
Contractor Tool Insurance
While not all contractors carry this, it is recommended that you carry contractor tool insurance. By doing so, you will be able to quickly replace any tools that are lost or damaged as a result of any activity, such as debris removal and cleanup. If the equipment needs to be repaired, the repairs will be covered. If the equipment breaks down entirely, you may be able to rent replacement equipment so that you are able to continue to perform your job until your current equipment is repaired.
Choosing The Right Provider
Ideally, you should find a landscaping contractor insurance provider who can cover all of your insurance needs. When you receive insurance from the same provider, you will receive a discount due to the fact that you are receiving multiple policies from the same provider. For instance, you may receive a discount for commercial vehicle insurance and receive an additional discount for liability insurance. However, if you shop around and are able to find less expensive policies for the same price, it may be a better idea to purchase separate policies that are less expensive.
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