Lawn Care Business Forum Lawn Care Business Book Lawn Care Business Blog Lawn Care Software
Home Forum Contract & Flyer Templates Blog Software Videos Podcast Calculators / Estimators Store Mower Review Design It Yourself Lawn Business School

Go Back   GopherHaul Landscaping & Lawn Care Business Marketing Forum > Lawn Care, Landscaping, and Property Management Forums > General Talk

General Talk If it doesn't fit anywhere else, post it here.

Insurance requirements for commercial accounts


General Talk

If it doesn't fit anywhere else, post it here.
Reply
 
Thread Tools Search this Thread
  #1  
Old 02-12-2012, 03:21 PM
Virginia Virginia is offline
Junior Member
 
Join Date: Feb 2011
Location: Galveston County Texas
Posts: 2
Rep Power: 4
Virginia is on a distinguished road
Default Insurance requirements for commercial accounts

I was contacted by a national property management firm about several properties in our service area. Fantastic! Then I read the contract. The client requires $2m liability AND workman's comp...so I increased the $1m liability no problem. With fingers crossed, I asked my agent to speak directly with the client. He's been able to get commercial clients to waive the WC in the past because we're so small (< 5 full time employees). No such luck. I go into full stress mode thinking we'll lose this opportunity because of the crazy cost of workman's comp. My agent referred me to his wife, an independent agent, who works through dozens of insurance companies. This woman came through in spades. We now have workman's comp with The Hartford for $2,365 a year! At less than $200 month its not a bad investment for $3k month increased revenue. The property management company is expanding and we're their supplier for everything in our service area. The client is even happier that we offer one stop shopping with landscaping, lawn care and licensed irrigation.
Now I'm spending my time reading contracts, inspecting properties and submitting work orders for jobs above and beyond the basic contract scope. If you need liability or WC coverage, I highly recommend calling Nancy Heaton, Vice President, Anderson Insurance Partners, L. P. 512.372.8311. After a dismal winter this has been a blessing!
Reply With Quote

Stop guess-timating. Learn how to estimate and make money! $$$
Mow Time Estimator Lawn Care Price Estimator Mulch and Topsoil Calculator Snow Plow Estimate Calculator


  #2  
Old 02-12-2012, 03:31 PM
SECTLANDSCAPING SECTLANDSCAPING is offline
new member
 
Join Date: Jul 2009
Location: CT
Posts: 1,912
Rep Power: 0
SECTLANDSCAPING is on a distinguished road
Default

Lawn care business tipsLawn Care Business Book
I deal with a property group that has workman's comp requirements and havent had a issue with not having it. I told them in the very beginning I do all the work and occasionally a family member or two will help.
Reply With Quote
  #3  
Old 02-12-2012, 03:41 PM
krzys666 krzys666 is offline
Member
 
Join Date: Dec 2011
Posts: 49
Rep Power: 3
krzys666 is on a distinguished road
Default

Quote:
Originally Posted by Virginia View Post
I was contacted by a national property management firm about several properties in our service area. Fantastic! Then I read the contract. The client requires $2m liability AND workman's comp...so I increased the $1m liability no problem. With fingers crossed, I asked my agent to speak directly with the client. He's been able to get commercial clients to waive the WC in the past because we're so small (< 5 full time employees). No such luck. I go into full stress mode thinking we'll lose this opportunity because of the crazy cost of workman's comp. My agent referred me to his wife, an independent agent, who works through dozens of insurance companies. This woman came through in spades. We now have workman's comp with The Hartford for $2,365 a year! At less than $200 month its not a bad investment for $3k month increased revenue. The property management company is expanding and we're their supplier for everything in our service area. The client is even happier that we offer one stop shopping with landscaping, lawn care and licensed irrigation.
Now I'm spending my time reading contracts, inspecting properties and submitting work orders for jobs above and beyond the basic contract scope. If you need liability or WC coverage, I highly recommend calling Nancy Heaton, Vice President, Anderson Insurance Partners, L. P. 512.372.8311. After a dismal winter this has been a blessing!
what property management group do you use?
i am based in the suburbs of NYC
Reply With Quote
  #4  
Old 02-12-2012, 05:36 PM
dpld dpld is offline
new member
 
Join Date: Jan 2012
Location: nj
Posts: 885
Rep Power: 0
dpld is on a distinguished road
Default

Quote:
Originally Posted by Virginia View Post
I was contacted by a national property management firm about several properties in our service area. Fantastic! Then I read the contract. The client requires $2m liability AND workman's comp...so I increased the $1m liability no problem. With fingers crossed, I asked my agent to speak directly with the client. He's been able to get commercial clients to waive the WC in the past because we're so small (< 5 full time employees). No such luck. I go into full stress mode thinking we'll lose this opportunity because of the crazy cost of workman's comp. My agent referred me to his wife, an independent agent, who works through dozens of insurance companies. This woman came through in spades. We now have workman's comp with The Hartford for $2,365 a year! At less than $200 month its not a bad investment for $3k month increased revenue. The property management company is expanding and we're their supplier for everything in our service area. The client is even happier that we offer one stop shopping with landscaping, lawn care and licensed irrigation.
Now I'm spending my time reading contracts, inspecting properties and submitting work orders for jobs above and beyond the basic contract scope. If you need liability or WC coverage, I highly recommend calling Nancy Heaton, Vice President, Anderson Insurance Partners, L. P. 512.372.8311. After a dismal winter this has been a blessing!
all i do is commercial properties and it all comes through management co's.
i work for several different co's but they all require top tier insurance and allthough it cost more for premiums it more then makes up for it with the income as well as it keeps the illegal businesses out of the fray.

the other benefit is i don't have to advertise like i did in the past and that alone saves me 5 to 6 thousand a year which more then pays for the added insurance.

good luck.
Reply With Quote
  #5  
Old 02-13-2012, 03:10 PM
Steve's Avatar
Steve Steve is offline
Administrator
 
Join Date: May 2003
Posts: 36,164
Rep Power: 10
Steve has disabled reputation
Default

That is a very good point and it makes you wonder if once you get workman's comp insurance, if it is just better off for you to look for customers that require it. As was stated above, requiring for a job raises the barrier of entry and keeps illegal businesses out of the running.
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
Reply

Bookmarks

Tags
insurance, insurance coverage, workers comp, workmans compensation

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
New commercial accounts justin_time Lawn Maintenance / Lawn Renovation 10 09-05-2010 12:28 PM
commercial accounts CFD192 Starting a lawn care business. 2 05-19-2010 06:45 PM
Commercial Accounts Saddlewood Starting a lawn care business. 4 08-26-2009 06:27 AM
HOW DO I GET SOME COMMERCIAL ACCOUNTS? FAIRWAY General Business Discussions 4 02-06-2006 03:47 PM
getting commercial accounts? Mowin Madman General Business Discussions 1 06-01-2003 09:50 AM

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
My First Apartment...
SSLCtn
05-26-2014 10:17 PM
Today 06:20 AM
by Jbss861
9 715
Hello Everyone! Newbie...
SLKlawn
07-17-2014 06:22 PM
Today 05:48 AM
by SLKlawn
5 170
new to me box truck
jrayb39667
03-06-2014 10:20 PM
Yesterday 11:10 PM
by jrayb39667
11 1,224
Scag new "Eliminator"......
ExtremeLawncareServices
07-20-2014 10:45 AM
Yesterday 10:21 PM
by Just for Cuts
5 125
Need help determining...
Jbss861
07-20-2014 02:33 PM
Yesterday 06:42 PM
by Jbss861
6 153
Got my first lawn job...
SGL1
06-11-2014 09:19 PM
Yesterday 05:31 PM
by SGL1
23 1,033
Overspray?
stevef1201
Yesterday 04:20 PM
Yesterday 04:20 PM
by stevef1201
0 37
Proper height for lawn
rob lederhilger
05-26-2014 08:01 AM
Yesterday 02:53 PM
by LawnDoctor
9 583
need professional advice...
Fiddlers_green
07-20-2014 07:21 PM
Yesterday 02:29 PM
by Steve
1 92
Lawn Service back in...
LawnCareMan280
07-18-2014 09:00 PM
Yesterday 01:50 PM
by Steve
2 122
Blade sharpener
Just for Cuts
07-04-2014 12:31 PM
Yesterday 01:48 PM
by Steve
9 410
What's my business worth?
Chaz
07-16-2014 01:35 PM
Yesterday 01:45 PM
by Steve
4 188
Single tree, mow customer
WesleySnips
06-27-2014 10:12 AM
Yesterday 01:04 PM
by Steve
12 480
1.5 Acre Jungle
WesleySnips
07-15-2014 05:57 PM
07-20-2014 11:31 AM
by ExtremeLawncareServices
21 488
Selling lawns like...
eastsidelandcare
07-17-2014 03:51 PM
07-20-2014 08:03 AM
by kslawn
1 134
Crop Rotation Techniques...
eastsidelandcare
07-17-2014 03:47 PM
07-19-2014 05:40 PM
by kslawn
1 97
Gopher schedule software
Ray
07-18-2014 04:13 PM
07-18-2014 04:13 PM
by Ray
0 104
2006 Chevy fuel pump...
KevinsLawns
07-17-2014 08:39 PM
07-18-2014 11:51 AM
by Steve
1 101
Halfway point of year!
Steve
07-01-2014 12:08 PM
07-18-2014 11:38 AM
by Steve
14 637
I got told to leave and...
gwilson98
06-16-2014 02:07 PM
07-17-2014 11:43 AM
by Steve
16 935
These are the days on...
ExtremeLawncareServices
03-22-2014 09:12 AM
07-16-2014 08:38 PM
by ExtremeLawncareServices
73 4,201
Hey guys this is the...
prmenter@gmail.com
07-07-2014 08:23 PM
07-16-2014 08:10 PM
by ExtremeLawncareServices
28 675
Mowing the hills
prmenter@gmail.com
07-08-2014 12:22 PM
07-16-2014 05:00 PM
by Just for Cuts
18 606
Say Hello !!!
Steve
03-19-2007 11:18 AM
07-15-2014 05:38 PM
by icon2000
1,184 318,082
need some help geting...
dalvan0
07-13-2014 09:28 PM
07-15-2014 11:56 AM
by Steve
5 206
new trailer help
mattthelawnguy
07-11-2014 08:21 PM
07-15-2014 11:42 AM
by Steve
9 301
Classified Ad Template...
bcfb
06-05-2013 02:40 AM
07-15-2014 11:16 AM
by Steve
15 3,634
Husqvarna pz 60
CDLAWNCARE
07-06-2014 06:50 PM
07-15-2014 08:53 AM
by kslawn
10 370
Lowballers
Chaz
07-11-2014 03:55 PM
07-14-2014 12:27 PM
by Steve
5 305
My new side job
Sprinkler Buddy
05-10-2014 05:23 AM
07-14-2014 12:15 PM
by Steve
10 766
Illegal spraying
GoGreenerKS
07-04-2014 09:11 AM
07-13-2014 10:36 PM
by GoGreenerKS
10 479
New Mower and Trailer
Chaz
06-25-2014 12:04 PM
07-13-2014 06:25 PM
by SGL1
7 485
What Fertilizer to Use?
acrajchel
04-07-2014 01:56 PM
07-12-2014 07:36 PM
by SGL1
21 1,803
Fuel and fuel additives
SGL1
07-06-2014 10:23 AM
07-11-2014 07:53 PM
by SGL1
15 478
Questions for a patchy...
jumcgee
07-09-2014 08:42 AM
07-11-2014 12:34 PM
by Steve
1 161
toro proline blades wont...
boog
06-25-2014 06:26 PM
07-11-2014 05:28 AM
by kslawn
18 594
Contents of Marketing to...
prmenter@gmail.com
07-09-2014 05:25 PM
07-10-2014 03:23 PM
by Steve
3 246
Shindaiwa
CLB454
05-13-2014 09:04 PM
07-10-2014 03:04 PM
by Steve
14 723
Starting New in FL
mmcuttrim
08-06-2010 09:22 AM
07-10-2014 02:44 PM
by Steve
48 11,165
Bid help 45 on acre...
Priggan
06-26-2014 12:56 PM
07-09-2014 08:38 AM
by kslawn
7 465
need help bidding fence...
veteranslawncaresystems
07-03-2014 10:33 AM
07-08-2014 12:00 PM
by Steve
5 335
Trimmer or Knife?
gwilson98
07-04-2014 09:56 PM
07-07-2014 02:41 PM
by Steve
6 299
Started a New Solar Lawn...
Solar Lawn Care
06-08-2013 01:40 AM
07-07-2014 01:55 PM
by Steve
37 7,349
New Canadian Member
coppervalley
07-04-2014 02:15 PM
07-07-2014 01:12 PM
by Steve
1 194
Happy Independance...
stevef1201
07-04-2014 07:05 AM
07-07-2014 01:01 PM
by Steve
2 197
Echo PE 266 edger
stevef1201
07-01-2014 01:28 PM
07-07-2014 12:47 PM
by Steve
4 284
30 Inch Push Mowers Pros...
Billy Goat
06-27-2013 08:07 PM
07-06-2014 01:50 PM
by SGL1
21 5,153
Poulan Pro trimmers
SGL1
06-30-2014 11:16 PM
07-05-2014 09:32 PM
by SGL1
20 473
Timber!
Clays Landscape
11-28-2011 09:48 PM
07-05-2014 07:31 PM
by jhinton
22 5,705
2003 Exmark Lazer Z 52"...
toddfather
06-01-2014 07:23 AM
07-04-2014 04:45 PM
by jbungard1856
19 849
» Popular Tags
4wd advertisement article marketing auger bid butterfly gardens charge courtesy call credit card customers decorating estimate exmark ferris first truck georgia gopherhaul grass gravely growing a lawn care business health hills holiday holiday decorating holiday lighting how much to charge introduction john deere quik trac kansas city lawn lawn care lawn care business book lawn care business seo lawn care business show lawn care business website lawn care business website seo lawn care website lawn care website seo leaf lighting marketing monthly mow mulch mulch price new buisness organize payment podcast property management company pto reo scag schedule scripts seo snow social media starting a business start up lawn care business stihl theft toro toro grand stand trailer trimmer rack walker winter winter services zero turn
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 08:10 AM.


(C) 2011 Riggs Publications - Terms of use & Privacy Policy

All times are GMT -5. The time now is 08:10 AM.

(C) 2011 Riggs Publications - Terms of use & Privacy Policy