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: 36,504
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
Popular Means of Deal...
erbola
Today 09:53 AM
Today 09:53 AM
by erbola
0 2
Pressure Washing Like a...
TNTurf
08-01-2014 11:47 PM
Today 09:12 AM
by SGL1
8 692
Help a brother...
tbtigers03
09-28-2014 11:41 AM
Today 08:51 AM
by ringahding1
12 1,437
first year update
cmdlawncare
08-12-2014 05:41 PM
Today 07:47 AM
by ringahding1
4 1,263
Hello, from TEXAS
sanchez5
10-17-2014 09:56 PM
Yesterday 10:44 PM
by sanchez5
5 326
Dealing With Gas Can...
Mr. Mow
Yesterday 01:41 PM
Yesterday 08:23 PM
by Sprinkler Buddy
2 112
Leaf Box & Loader Set...
ringahding1
Yesterday 06:20 AM
Yesterday 07:22 PM
by ringahding1
2 118
Organic Lawn Care...
NHray
10-17-2014 06:05 PM
Yesterday 05:47 PM
by NHray
2 300
Hi Steve From West...
Mr. Mow
Yesterday 01:59 PM
Yesterday 01:59 PM
by Mr. Mow
0 76
Cheapskate Landlord...
Mr. Mow
10-20-2014 06:33 AM
Yesterday 01:50 PM
by Mr. Mow
8 238
What parts do you carry...
Just for Cuts
10-17-2014 09:08 AM
Yesterday 01:36 PM
by Mr. Mow
16 595
Jungle to Beautiful
stevef1201
10-17-2014 09:54 AM
Yesterday 01:26 PM
by stevef1201
11 434
These are the days on...
ExtremeLawncareServices
03-22-2014 09:12 AM
Yesterday 01:19 PM
by ExtremeLawncareServices
158 11,271
Sunny Beach Tennis...
SGL1
10-19-2014 11:24 PM
Yesterday 01:04 PM
by SGL1
4 204
Have you ever had to...
SouthernRootsLawnCare
07-26-2014 02:41 PM
10-20-2014 08:34 PM
by biglee
10 1,749
Look out Bob Villa -...
Mr Dave
09-30-2014 10:06 AM
10-20-2014 05:42 PM
by SGL1
7 1,258
how to fi d commercial...
mchampion319
10-19-2014 09:50 PM
10-20-2014 04:41 PM
by Steve
1 170
Hello From Tennessee
mrmann901
10-17-2014 10:02 PM
10-20-2014 04:24 PM
by Steve
1 245
questions on order to...
jack2048
10-13-2014 11:15 AM
10-20-2014 03:27 PM
by Mr. Mow
15 682
This sucks...
Matther777
09-18-2014 04:56 PM
10-20-2014 02:14 PM
by Steve
14 2,123
Cement mixer
KevinsLawns
10-15-2014 08:03 PM
10-20-2014 02:11 PM
by Steve
7 423
Hello ! New guy Rob here
RWorthley1
10-17-2014 04:05 PM
10-20-2014 02:09 PM
by Steve
1 259
Pda
stevef1201
10-18-2014 02:05 PM
10-19-2014 11:27 PM
by SGL1
2 236
Snow Blowing
gwilson98
10-12-2014 02:21 PM
10-17-2014 02:51 PM
by Steve
6 602
Spreading Weeds?
WesleySnips
07-27-2014 09:46 PM
10-17-2014 07:49 AM
by SGL1
6 907
Grasswhoopins.com Anyone...
GRASS WHOOPINS
06-21-2011 11:38 PM
10-16-2014 01:30 PM
by ExtremeLawncareServices
42 9,261
I Want to buy old...
ExtremeLawncareServices
10-10-2014 10:04 PM
10-15-2014 09:12 PM
by ExtremeLawncareServices
6 641
Say Hello !!!
Steve
03-19-2007 11:18 AM
10-15-2014 06:43 PM
by NHray
1,190 340,006
Workmans compensation...
CDLAWNCARE
10-15-2014 08:05 AM
10-15-2014 02:57 PM
by Steve
2 388
Do you find weed eating...
chuck2s
10-15-2014 02:10 PM
10-15-2014 02:10 PM
by chuck2s
0 356
Incorporating &...
WesleySnips
10-01-2014 09:39 PM
10-15-2014 01:37 PM
by kslawn
20 1,448
Falling into business
stellarmowing
09-28-2014 04:35 PM
10-15-2014 05:57 AM
by ringahding1
8 1,469
Apartment Complex and...
lxarth
06-22-2011 01:10 PM
10-14-2014 06:25 PM
by jrs.landscaping
42 9,552
I LOVE hedge trimming
stevef1201
10-13-2014 09:05 AM
10-14-2014 01:06 PM
by Steve
5 489
Help with seeder...
ExtremeLawncareServices
10-09-2014 07:39 AM
10-13-2014 08:09 PM
by ExtremeLawncareServices
5 656
The Market watch
WesleySnips
10-12-2014 08:47 PM
10-13-2014 05:40 PM
by SGL1
3 491
Help pricing a large...
Bradcook21
10-07-2014 06:49 AM
10-13-2014 02:00 PM
by Steve
7 838
leaf removal
Double J LLC
10-03-2014 04:24 PM
10-13-2014 06:46 AM
by Billy Goat
19 1,469
Acerage Rake
acrajchel
04-23-2014 07:23 PM
10-12-2014 10:53 PM
by SGL1
2 803
John Deere z235 Deck
WesleySnips
09-29-2014 06:02 PM
10-12-2014 06:20 PM
by kslawn
25 1,614
Credit card contract
SGL1
10-06-2014 05:31 PM
10-12-2014 03:40 PM
by SGL1
18 1,026
Truck craft dump bed...
ExtremeLawncareServices
10-04-2014 08:41 PM
10-10-2014 11:35 AM
by Steve
7 931
First Time River Rock...
berryjam
10-09-2014 06:09 PM
10-10-2014 11:08 AM
by Steve
2 579
West cost lawn prices
SGlawncare
10-09-2014 09:51 PM
10-10-2014 11:03 AM
by Steve
1 568
Question?what should I...
dalvan0
09-24-2014 11:10 PM
10-09-2014 05:58 PM
by kslawn
28 2,100
Mowing the hills
EyeCatchersNow
07-08-2014 12:22 PM
10-09-2014 04:19 PM
by Just for Cuts
25 2,975
snowplowing
jshak40
09-01-2014 07:20 AM
10-09-2014 02:21 PM
by Steve
25 3,614
Changing Scag Freedom Z...
maggiedavidson
10-06-2014 12:24 PM
10-08-2014 06:34 PM
by ExtremeLawncareServices
7 817
The most dangerous part...
Steve
10-06-2014 02:45 PM
10-07-2014 04:18 PM
by ExtremeLawncareServices
3 798
Good Mower
jack2048
10-04-2014 05:34 PM
10-07-2014 01:05 PM
by Steve
7 879
» Popular Tags
4wd apartment complex article marketing auger bark bid blades bob villa care charge collections collections subcontractor decorating ditches edging employee problems equipment rental estimate exmark ferris four wheel drive fundraiser gopherhaul gravely growing a lawn care business hardscapes how much to charge husqvarna installation introduction kawasaki landscape services lawn lawn care lawn care business lawn care business seo lawn care business show lawn care business website lawn care business website seo lawn care website marketing mr dave mulch new mower past due podcast promotion pto redmax reo running a business scag search engine optimization seo small engine repair snow sprayer starting a business steep lawns steve stihl theft of services top dresser toro toro grand stand trailer trimmer rack turfgrass consulting walker wood
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 10:02 AM.


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

All times are GMT -5. The time now is 10:02 AM.

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