Although we are in the middle of winter, the spring weather is fast approaching. If you own a landscaping business, than it’s time to start preparing for the spring season. That means you need to tune-up your equipment and make any necessary repairs. It also means that you need to line up your employees in order to ensure that they are ready for the busy cleanup up season. In addition, you need to make sure that all of the business related processes and procedures are in place. That includes the proper insurance policy for your landscaping business.

This happens to be an area where a great deal of small business owners make mistakes.  Your landscaping business insurance needs to grow as your business grows. That means you may not be able to rely on the same policy that you put into place when you first started the business. For example, when you began your landscaping company you probably had fewer customers and fewer employees than you do now and your insurance policy reflected that in order to save you money. Now that your business is growing it is time to ensure that your landscaping business insurance policy reflects that growth in order to protect you from liabilities.

Think about it this way. The more people you have working for you means more power equipment is being operated on a daily basis. That means more things can go wrong and more accidents can happen. You need to make sure that your landscaping business insurance policy covers all of that. Otherwise you are taking an unnecessary risk that could actually put you out of business. For example, a third party is visiting one of your customers, trips over a piece of your landscaping equipment, and seriously injures themselves. You need to make sure that your liability policy covers the damages.

This holds especially true if that party happens to sue you in a court of law. What happens if your insurance liability policy only covers up to $100,000, but the judge awards $250,000 to the person suing you? In essence, you are responsible for making up the difference. That means you will need to come up with $150,000 from either the business or out of pocket to pay the defendant. The good news is that this can be easily avoided as long as you have enough coverage on your landscaping business liability insurance policy. It is always a smart business idea to sit down and discuss your landscaping business insurance needs with a professional insurance agent who specializes in working with landscaping companies.

If you own a landscaping business in the Commonwealth of Massachusetts you need to ensure that you have the proper business insurance policies in place. Please consult with a professional insurance agent that can answer your questions about all insurance related topics. It is important to fully understand exactly what you are buying when it comes to insurance policies. If you have any questions, please call (508) 831-0133 to contact an associate at Zawada Insurance. We are happy to walk you through the details of your insurance policies and explain your coverage options. We look forward to helping you with all of your personal and or business related insurance needs now and in the future.