Missouri Landscaping Insurance
Why General Liability Insurance is Essential for Your Landscaping Business in Missouri?
If you own a landscape or lawn care business in Missouri, securing general liability insurance is essential. This type of insurance helps protect your business from potential fiscal pitfalls stemming from unexpected incidents or accidents.
General liability insurance covers property damage and injuries, providing financial protection for legal fees, repairs, and medical bills.
Think of this insurance as a safety net that allows you to carry out your work confidently, knowing that you’re protected from the financial burden of unanticipated mishaps.
What Coverage is Provided by General Liability?
- Bodily Injury – imagine a scenario, where a customer, while visiting your land scape project, trips over tools left out in the landscape area and sustains a broken arm. In such cases, your general liability insurance coverage can come to your rescue. It can help cover the medical expenses associated with the customer’s injury, shielding your business from potential financial hardships.
- Property Damage – While mowing a customer’s lawn, a rock flung by your mower accidentally shatters your client’s window. Fortunately, your insurance policy provides coverage for such incidents, ensuring that any resulting damage is taken care of.
- Personal Injury – If you were to make derogatory comments about your client and they were to discover it, they might consider taking legal action against you for defamation. This coverage offers financial support in such situations.
- Equipment Coverage – This coverage is an optional endorsement to your general liability insurance that provides protection for the equipment used in conjunction with your business operations. It includes coverage for theft and accidental damage to essential tools such as mowers, trimmers, and other equipment.
General Liability Insurance: The Exclusions
While general liability insurance is an essential safety net for your landscape business in Missouri, it’s vital to understand what it doesn’t cover. For instance, if your landscaping work is subpar or if you use inferior materials, any damage caused won’t be covered. In other words, poor workmanship is not included in the policy. Similarly, if you or your employees commit intentional acts that lead to injuries or damage, your insurer won’t step in – their role is to protect against accidents, not deliberate actions.
Additionally, general liability insurance does not cover injuries to your employees. If a member of your team gets hurt while mowing a lawn or trimming a hedge, their medical bills will not be covered by this policy. This is where workers’ compensation insurance enters the frame, another critical coverage area for businesses with employees.
How Much Does Insurance Cost for a Landscaping Business?
It’s important to understand that the cost of general liability insurance for your landscaping and lawn care business can vary greatly based on several key factors. The size of your business plays a substantial role in determining the cost. Larger landscaping businesses with a broad service area will typically face higher premiums due to the increased exposure to potential claims.
Similarly, the number of employees in your business also affects the cost. More employees equates to more work, and consequently, more risk of accidents or mistakes that could lead to insurance claims.
Lastly, the level of exposure your business has to potential risks is a significant driver for insurance costs. For instance, if your services involve tree removal or heavy machinery operation, these activities carry higher risks, which could lead to higher insurance costs. Always remember, every landscaping and lawn care business is unique, and so will be its insurance needs and costs.
An average cost of general liability insurance for landscaping business in Missouri is around $530 a year, but your cost can vary.
Get General Liability Insurance Today For Your Landscaping Business.
At Bargain Insurance Connection, we understand that every business is unique, especially when it comes to landscaping insurance in Missouri. We recognize that your lawn care business requires specialized insurance coverage designed to address its specific needs and potential risks.
Whether you’re a residential gardener or a commercial landscaper, our landscape insurance safeguards your business from financial losses.
From equipment damage to personal injury claims, our comprehensive lawn care insurance packages have got you covered. Let us help you mitigate the risks associated with your landscaping business so you can focus on what you do best – creating beautiful outdoor spaces.
Call us today at 816.453.7722 or request a quote below.