If you’re thinking about starting a landscaping business or doing more with your current service, there are some things you should know. Homeowners will rely on you to keep their yards neat and maintained the whole year around. They need a service that’s reliable, experienced, friendly, and offers good value. It’s important to think about what’s required in order to deliver on those fronts, including having adequate staff, working equipment, and knowledge about how to execute the work. Once you’ve got those things together, you’re well on your way, but you’ll need to think about insurance.
Managing Your Risks
As a landscaping business, there are operational risks that you’re exposed to that can threaten your pockets. You can manage these risks with the following insurance coverages:
- General liability: Covers property damage and injury to third parties
- Commercial property: Addresses theft of and damage to equipment and tools
- Workers’ compensation: Pays for medical bills to workers injured on the job
- Commercial auto: Insures operation of business vehicles
- Umbrella: Beefs up your general liability and commercial property coverages, should a claim exceed the limits in those policies
Protecting Your Operations
No two businesses will have the exact same needs, so it’s a good idea to work with an insurer that can help you cover every aspect of your work. When you can manage your risks, it’s good for your business, your workers, and your clients. Without insurance, one claim or lawsuit can harm your operations. Make sure you’re protected.