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, 04:21 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, 04:31 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, 04:41 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, 06:36 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, 04:10 PM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 36,623
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 01:28 PM
commercial accounts CFD192 Starting a lawn care business. 2 05-19-2010 07:45 PM
Commercial Accounts Saddlewood Starting a lawn care business. 4 08-26-2009 07:27 AM
HOW DO I GET SOME COMMERCIAL ACCOUNTS? FAIRWAY General Business Discussions 4 02-06-2006 04:47 PM
getting commercial accounts? Mowin Madman General Business Discussions 1 06-01-2003 10:50 AM

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
Thanksgiving cards
Steve
11-10-2008 11:57 AM
Today 03:25 PM
by stevef1201
4 8,652
Good help is hard to find
Hanks Lawn Care Services
11-19-2014 03:27 PM
Today 03:19 PM
by stevef1201
11 414
leaf removal
Double J LLC
10-03-2014 05:24 PM
Today 03:14 PM
by stevef1201
28 2,711
Say Hello !!!
Steve
03-19-2007 12:18 PM
Today 01:36 PM
by Just Cuts
1,196 349,472
New parking area
ExtremeLawncareServices
11-07-2014 09:47 PM
Today 12:31 PM
by jrs.landscaping
6 500
Hello from Kentucky
TRV
09-30-2014 06:42 PM
Today 10:49 AM
by Steve
13 1,483
Hi to you NOTHERNERS
stevef1201
11-11-2014 05:56 PM
Today 10:45 AM
by Steve
7 470
These are the days on...
ExtremeLawncareServices
03-22-2014 10:12 AM
Today 10:23 AM
by Steve
179 14,400
Happy Thanksgiving!
Steve
Yesterday 09:48 AM
Yesterday 09:48 AM
by Steve
0 45
Contract or no contract?
TRV
11-20-2014 09:18 PM
11-26-2014 09:23 PM
by stevef1201
5 325
Pics for website
tbtigers03
11-21-2014 05:40 PM
11-26-2014 12:12 PM
by Just for Cuts
5 276
Hi from IL
steveinil
11-25-2014 02:07 PM
11-26-2014 11:21 AM
by Steve
1 105
WNY saying Hi.
Sargewesser
11-25-2014 07:27 AM
11-26-2014 11:20 AM
by Steve
1 111
How to: Use Thumbtack...
acrajchel
11-17-2014 06:39 PM
11-26-2014 11:19 AM
by Steve
18 702
Peco Bagger
AGPS
11-18-2014 02:20 PM
11-26-2014 10:58 AM
by Steve
10 443
Beginner Mistakes:...
Steve
01-31-2007 12:45 PM
11-26-2014 10:57 AM
by Steve
22 6,339
Billboards for marketing
ExtremeLawncareServices
11-16-2014 08:39 PM
11-26-2014 10:40 AM
by Steve
14 500
How much do you up sell...
Essex Groundskeeping
11-23-2014 07:13 PM
11-24-2014 06:29 PM
by stevef1201
8 269
This sucks...
Matther777
09-18-2014 05:56 PM
11-24-2014 05:49 PM
by biglee
16 3,309
Pressure Washing...
WesleySnips
07-31-2014 07:13 PM
11-24-2014 04:32 PM
by acrajchel
4 732
New website
Chilehead
11-20-2014 04:39 PM
11-23-2014 07:40 PM
by Just for Cuts
12 399
My site is on fronts page
tbtigers03
11-14-2014 05:58 PM
11-22-2014 10:49 PM
by Just for Cuts
16 624
Belt dealer problem
googus
11-21-2014 08:45 AM
11-21-2014 06:36 PM
by Steve
2 222
What is going on with...
biglee
11-14-2014 03:04 PM
11-20-2014 02:50 PM
by biglee
40 1,083
My advice for new guys
avetslawncare
11-15-2014 09:32 AM
11-19-2014 01:47 PM
by biglee
10 639
Lawn Care business...
crieg122
10-23-2014 02:23 PM
11-19-2014 12:39 PM
by acrajchel
28 2,003
raking leaves ?
robert8509
10-22-2014 10:19 PM
11-18-2014 04:24 PM
by acrajchel
14 1,569
Leaf removal
madmedic8575
10-24-2014 05:14 PM
11-17-2014 07:34 PM
by acrajchel
6 1,297
sod job
SGlawncare
10-30-2014 09:21 PM
11-17-2014 07:10 PM
by acrajchel
7 886
Customer wants me to...
Mr. Mow
11-09-2014 07:13 AM
11-17-2014 06:48 PM
by acrajchel
10 659
Hello!
Brian3137
11-11-2014 07:15 PM
11-17-2014 06:46 PM
by acrajchel
14 587
small biz in Phoenix,AZ
anthonyramos1
11-08-2014 09:35 PM
11-17-2014 05:59 PM
by acrajchel
2 410
Client won't pay...
WesleySnips
10-30-2014 03:53 PM
11-17-2014 05:37 PM
by acrajchel
22 1,510
Government contracts
avetslawncare
11-15-2014 08:50 AM
11-17-2014 12:59 PM
by Steve
2 371
Need help on deciding a...
Brian3137
11-10-2014 06:32 PM
11-17-2014 12:44 PM
by Steve
12 634
West cost lawn prices
SGlawncare
10-09-2014 10:51 PM
11-16-2014 07:54 AM
by stevef1201
8 1,716
So how do you guys...
Mr. Mow
10-26-2014 08:55 AM
11-15-2014 08:44 AM
by avetslawncare
14 1,840
Truck, Trailer,...
hawthornelawncare
12-23-2011 01:01 AM
11-13-2014 08:35 AM
by jrs.landscaping
81 32,064
The most dangerous part...
Steve
10-06-2014 03:45 PM
11-12-2014 05:05 PM
by stevef1201
14 1,804
A little hang up in snow...
stevef1201
11-08-2014 07:05 AM
11-12-2014 12:51 PM
by Steve
4 548
Bi-weekly winter...
lxarth
11-04-2014 08:37 PM
11-12-2014 10:06 AM
by WesleySnips
9 756
taking first steps...
sizemorelawncare
11-10-2014 08:24 PM
11-11-2014 01:21 PM
by Steve
1 430
Back Pack Blower
Ian Lovejoy
11-09-2014 08:41 AM
11-11-2014 08:12 AM
by Just for Cuts
4 504
Business Cards
crieg122
10-25-2014 01:03 PM
11-11-2014 07:56 AM
by Just for Cuts
12 1,468
How the unregister?
alive101
11-04-2014 07:39 AM
11-10-2014 01:48 PM
by Steve
4 706
Belt adjustment question
googus
11-05-2014 06:43 AM
11-10-2014 01:38 PM
by Steve
5 614
Podcast
Shark1611
11-07-2014 05:42 PM
11-10-2014 11:41 AM
by Steve
1 407
hi, from Minnesota
rjklohn
11-07-2014 02:21 AM
11-07-2014 01:44 PM
by Steve
1 424
New to snow plowing
SS.Lawncare
11-05-2014 04:00 PM
11-07-2014 01:21 PM
by Steve
6 690
New Member
tonyap
11-05-2014 10:35 PM
11-07-2014 01:15 PM
by Steve
1 467
» Popular Tags
4wd aerocore apartment bid apartment lawn care estimate applying bid billy goat brushcutter blades bush charge decorating deliquentaccounts demonstration ditches employee problems estimate ferris first truck foreman georgia gopherhaul growing a lawn care business hiring how much to charge how to installation introduction landscape services lawn lawn care lawn care busines plan lawn care business lawn care business seo lawn care business show lawn care business website lawn care business website seo lawn care seo lawn care website lawn care website seo marketing mechanic monthly mulch mulch price new business new mower ordinance patio install per hour charge podcast profit on employee pto reo running a business scag v-ride shreaded snow snow plowing starting a business start up lawn care business steep lawns steve stihl toro toro grand stand trailer mate pro tree truck new used landscape walk behind won't return
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 06:39 PM.


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

All times are GMT -5. The time now is 06:39 PM.

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