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.

Liability Insurance Audit?


General Talk

If it doesn't fit anywhere else, post it here.
Reply
 
Thread Tools Search this Thread
  #1  
Old 07-07-2008, 09:06 PM
musician/lawnman musician/lawnman is offline
Chuck
 
Join Date: Feb 2008
Location: South West Florida
Posts: 919
Rep Power: 0
musician/lawnman is on a distinguished road
Default Liability Insurance Audit?

So It's been over a year since I started the company & I get a letter from my liability carrier stating I have to have an audit done to adjust my rates. I need to call to confirm the appointment for it (I did I have to do it on thursday) They are playing it off as routine & something that happens to every business annually. I haven't heard of it or seen anyone talk about these yet so I figured I'd ask. Has this happened to you? Seems I am required to produce finacial records accross the spectrum for everything recievable, payable, payroll etc.
Is this normal guys?
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 07-07-2008, 09:36 PM
Little's's Avatar
Little's Little's is offline
Brandon
 
Join Date: Jun 2007
Location: Shasta Lake CA.
Posts: 814
Rep Power: 9
Little's is on a distinguished road
Default

Lawn care business tipsLawn Care Business Book
I havent heard of this, but I am sure it happens every once in a while. I would imagine they will do their best to find a way to raise your rates. Good luck with it.
__________________
Northern California
Reply With Quote
  #3  
Old 07-07-2008, 09:43 PM
musician/lawnman musician/lawnman is offline
Chuck
 
Join Date: Feb 2008
Location: South West Florida
Posts: 919
Rep Power: 0
musician/lawnman is on a distinguished road
Default

Thanks, yeah I think I'm gonna need it. I'm sure I'll end up owing some insane amount I wasn't counting on having to pay up. I'll keep ya posted.
Any onther responses are appreciated too.
Reply With Quote
  #4  
Old 07-07-2008, 09:59 PM
Little's's Avatar
Little's Little's is offline
Brandon
 
Join Date: Jun 2007
Location: Shasta Lake CA.
Posts: 814
Rep Power: 9
Little's is on a distinguished road
Default

One more thing. When I got my insurance about a week after I signed with my broker, I got a call from a rep. at the ins. company. She asked me all sorts of info about the types of work, etc. etc.. Pretty in depth. I think she was searching for a reason to raise it a bit. I had already asked the usual from the broker, and made sure that all my answers were the same as what I gave him. I had never had a co. do this before. Not sure what the deal was.
__________________
Northern California
Reply With Quote
  #5  
Old 07-07-2008, 10:20 PM
musician/lawnman musician/lawnman is offline
Chuck
 
Join Date: Feb 2008
Location: South West Florida
Posts: 919
Rep Power: 0
musician/lawnman is on a distinguished road
Default

Yeah they did that to me too.
Are you doing pressure washing? No
Are you applying pesticides? No
Will you be removing trees? no
on & on & on....
I don't think that's too unusual
Reply With Quote
  #6  
Old 07-08-2008, 04:11 AM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 37,498
Rep Power: 10
Steve has disabled reputation
Default

Isn't it an amazing business? Like they can play it off by saying different activities can potentially open them to great liability, but it's the biggest scam in the world on how it is handled.

It's no wonder so often I read articles about roofing companies who claim to have 30 employees with 29 of them categorized as office workers! They don't want to pay the higher insurance rates for roofers.

I remember one time in a business class, we had this guest speaker who ran a manufacturing business and here he was telling us how he kept two sets of books. One for him and the other for the insurance company because they charged him based on the number of units he manufactured. He felt it was extortion and therefore was proud of what he did to circumvent them. WOW!

Why don't the insurance companies charge us more based on how many miles we drive too! The more we drive the better chance there is of an accident. The list could go on and on.

Keep us posted on how all this goes Chuck.
__________________
- 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
  #7  
Old 07-08-2008, 06:48 AM
musician/lawnman musician/lawnman is offline
Chuck
 
Join Date: Feb 2008
Location: South West Florida
Posts: 919
Rep Power: 0
musician/lawnman is on a distinguished road
Default

Liability insurance for roofers is 100% So I don't blame the companies.
If you have a roofer that makes say $600 a week, the liability for him is $600 /wk Then you add taxes, unemployment ins. fica, futa, suta.... Who the hell can afford all that. That's why a $4000 roof costs $8,000.
Reply With Quote
  #8  
Old 07-08-2008, 08:07 PM
UniversityLandscapers
Guest
 
Posts: n/a
Default Only in America

Wow...that's ridiculous. Insurance up here is a little more slack (still expensive) but it's waaaaay more difficult to get sued in the Canadian legal system.

I remember our fraternity insurance clerk telling us once that we got a discount on our chapter's insurance premiums just for living in Canada. lol
Reply With Quote
  #9  
Old 07-08-2008, 09:19 PM
justin_time justin_time is offline
Justin
 
Join Date: Apr 2006
Location: French River, ON, Canada
Age: 29
Posts: 1,801
Rep Power: 0
justin_time is on a distinguished road
Default

Just my curiosity, this is my first year with Liability insurance and I am paying 750$ for the year. I chose to do 3 different payments which is alright so far.

I haven't had a question after I had mine. I can also collect Airmiles with my insurance.
Reply With Quote
  #10  
Old 07-08-2008, 10:49 PM
VPS Lawn Care
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Steve View Post

Why don't the insurance companies charge us more based on how many miles we drive too! The more we drive the better chance there is of an accident. The list could go on and on.

Keep us posted on how all this goes Chuck.
Well Steve, Insurance co. do really charge us for how many miles we drive. If you can remember, they always ask you when you get your auto ins. what the vechl. will be used for, aprox how many miles you drive each day, to work, school,casual use. They always ask these questions when you get auto ins, and your answers affect the price you pay. It is one large legal numbers scam.
Reply With Quote
Reply

Bookmarks

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
Business Liability Insurance ABurlison General Business Discussions 22 12-10-2007 09:30 PM
Insurance Companies greatsaving Introduce Yourself 4 07-17-2007 04:57 PM
Insurance Steve General Talk 5 02-15-2007 10:30 PM
looking for insurance coronaldi General Business Discussions 1 01-16-2006 09:28 AM
Forming a Limited Liability Company (LLC) mowboy General Business Discussions 0 11-04-2005 06:33 PM

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
Funny craigslist post
GreenWorx
Today 07:17 PM
Today 09:02 PM
by Steve
2 23
Watch out for this -...
rootytalbot
07-22-2015 02:13 PM
Today 09:00 PM
by Steve
7 179
NewVenture
NJDB60
Yesterday 03:38 PM
Today 08:58 PM
by Steve
1 44
Whats wrong with this...
GreenWorx
Today 07:56 PM
Today 08:09 PM
by Chilehead
1 22
Pricing issue
Mr. Mow
07-07-2015 06:15 AM
Yesterday 06:40 PM
by GreenWorx
17 571
scag SWZT review!
mattthelawnguy
07-23-2015 02:28 PM
Yesterday 06:38 PM
by mattthelawnguy
5 137
how to make customers...
Bradcook21
05-27-2015 05:04 PM
Yesterday 06:08 PM
by GreenWorx
15 2,740
Assessing the Market
NJDB60
Yesterday 03:25 PM
Yesterday 06:00 PM
by GreenWorx
1 57
Need your help, Gopher...
Chilehead
07-23-2015 07:02 PM
Yesterday 11:28 AM
by Steve
11 206
Should I buy this Exmark...
googus
07-03-2015 09:22 AM
Yesterday 11:27 AM
by googus
8 405
These are the days on...
ExtremeLawncareServices
01-11-2015 10:41 AM
Yesterday 11:22 AM
by Steve
94 10,216
Dogs
Mr. Mow
06-29-2015 02:37 PM
07-25-2015 07:50 AM
by Chilehead
12 2,233
Just about mid year, how...
GreenWorx
06-24-2015 07:05 PM
07-22-2015 07:31 PM
by Chilehead
14 2,297
Learning as I grow -...
WarriorLandscapingCAN
07-18-2015 07:46 AM
07-21-2015 10:53 AM
by Steve
3 154
Large dirt mound removal
purdue1973
07-09-2015 07:45 PM
07-20-2015 12:55 PM
by Steve
6 254
Hey everyone
Fantasy landscaping
07-09-2015 06:53 AM
07-09-2015 11:47 AM
by Steve
1 172
Quickbooks Online
jscarolina
07-08-2015 07:54 AM
07-08-2015 12:55 PM
by Nate10928
1 181
I dont know what to do...
Bradcook21
06-21-2015 08:49 AM
07-07-2015 09:48 PM
by SGL1
16 2,565
Start LIKING FACEBOOK...
rlclawncare123
02-26-2015 12:06 AM
07-07-2015 02:54 PM
by GreenWorx
13 3,508
Is it too late to do...
markty
06-16-2015 05:28 PM
07-07-2015 01:00 PM
by problem solver
9 2,313
Hi everyone
Mattw
07-06-2015 05:59 PM
07-07-2015 10:18 AM
by Steve
1 200
4th of July parade...
Steve
07-06-2015 10:35 AM
07-06-2015 10:35 AM
by Steve
0 144
Unemployment rates drop,...
Steve
07-02-2015 12:40 PM
07-06-2015 10:30 AM
by Steve
4 312
another newish job for me
holymoly
06-07-2015 08:34 AM
07-03-2015 02:06 PM
by American L&T
9 2,319
Before & After tree...
COREtreeservice
07-01-2015 09:20 PM
07-01-2015 09:20 PM
by COREtreeservice
0 242
Ready to learn and get...
Koley Lawn & Landscape
06-28-2015 05:16 AM
07-01-2015 11:26 AM
by Steve
8 2,085
Three Stripe Land Care...
hammr04
06-30-2015 07:19 PM
07-01-2015 11:24 AM
by Steve
1 212
Country Life Lawn Care
darleneh
06-29-2015 11:24 AM
06-30-2015 01:25 PM
by Steve
3 1,920
Rubber mulch...
avetslawncare
06-24-2015 09:28 PM
06-29-2015 09:23 PM
by Chilehead
6 2,090
» Popular Tags
ad landscaping advertising aerocore apartment bid apartment lawn care estimate applying billy goat brushcutter blowout bob villa bush curb appeal services deliquentaccounts demonstration design employee problems equipment dealer equipment rental financials flyers foreman free advertising free lawn care growing a lawn care business hiring how to husqvarna hydro increase customers invoicing landscape landscape services landscaping landscaping training lawn aeration lawn care lawn care busines plan lawn mowing marketing marketing secrets more customers business mr dave mulch new business ordinance patio install per hour charge pricing profit on employee quickbooks quickbooks online roundup scag secrets to landscaping shell shreaded small engine repair snow plowing solo solo backpack sprayer sq ft square foot swzt tree tree pics up sell employee web design website website design wood www.greenturion.co.za
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 09:02 PM.


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

All times are GMT -5. The time now is 09:02 PM.

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