In Illinois, there are approximately 1,200,000 small businesses in operation. If you own a landscaping company, there are some things you need to know about protecting your assets. The right landscapers insurance will have multiple policies to cover exposures.
An independent insurance agent can help review your coverage for free and find a policy that makes sense. They work with several carriers so that you can get affordable protection. Connect with a local adviser in minutes.
What Is Landscapers Insurance?
Your Illinois landscaper insurance will have protection for your day-to-day risks. If you obtain sufficient coverage, there are multiple scenarios your policies will insure. Check out standard insurance options for landscapers below.
- General liability
- Commercial umbrella liability
- Workers' compensation
- Business auto
- Employment practices liability
- Business property
- Business inventory
- Business equipment breakdown
- Employee used vehicles
What Does Landscapers Insurance Cover?
When you're a landscaper in Illinois, there are several policy options to cover your assets. The main exposures that should be insured are property, liability, commercial auto, and employees. Your primary policies will want to include those and more in some form. Take a look at the most used policy options for your landscaper business below.
Common perils covered under your landscapers insurance policies
Common losses that landscapers insurance will cover
- Coverage for bodily injury or property damage claim
- Coverage for business property and equipment in transit
- Coverage for hazardous chemicals used
- Coverage for your business property that is damaged due to a covered loss
- Coverage for your business inventory such as products
- Coverage for business equipment that breaks down due to a covered loss
- Coverage for employees who are injured or ill on the job
- Coverage for commercial vehicles used to operate the business
- Coverage for disgruntled employees that sue due to discrimination or harassment
How Much is Landscapers Insurance in Illinois?
If you operate a landscaping business in Illinois, the insurance policy prices will vary. Carriers look at a number of risk factors when setting your costs. Take a look at the criteria companies use when quoting.
- Loss history
- Experience level
- If you use chemicals
- If you have employees
- Equipment you own
- Local crime rate
- Local weather patterns
- Replacement cost values
- Insurance score
Every landscaping operation will be different, and therefore, your premiums will not be the same. In order to get exact costs, quotes are necessary. Ask your agent about bundling all of your business policies with the same carrier for extra savings.
Will My Location Impact My Rates?
In 2019, Illinois had $16,998,439,000 in commercial insurance claims paid alone. A portion of those losses was due to the local area. Where you operate your business matters and will impact your pricing. If you are a landscaper, your location may be broad due to the nature of the business. Take a look at what could affect your rates based on your territory.
- Local crime rate
- Local natural disasters reported
- Local claims reported by other insureds
- Flood zone assigned
- Property in-transit
- Radius traveled
The business property and trailers you have to haul as a landscaper will affect your costs as well. Several pieces of equipment could be at risk for theft or accident. If you have an office, the flood zone you're in will also impact your premiums.
How an Independent Insurance Agent Can Help
Business insurance could be found with numerous carriers. Your landscapers insurance will fit with many companies, and specific coverages will be necessary. Fortunately, a licensed professional can help review your protection for a fair price.
An independent insurance agent will have access to several markets so that you get the best coverage and rates in town. They do the shopping for you at no additional cost. Connect with a local expert on TrustedChoice.com to get started.
TrustedChoice.com Article | Reviewed by Jeffrey Green
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