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: 37,951
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: 30
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
Whats up??
Cpadgett
05-27-2016 10:57 AM
Today 08:48 PM
by Cpadgett
4 71
Your Time Lawn Care
yourtimelawncare
Today 01:12 PM
Today 01:12 PM
by yourtimelawncare
0 17
Is it too late?
Cpadgett
05-28-2016 09:10 AM
Today 11:36 AM
by Steve
5 101
Firefighter gone Lawn...
Firehouselawn@hotmail.com
03-10-2016 04:50 PM
Today 11:32 AM
by Steve
8 9,718
help with sole...
greenbuds
03-24-2016 12:21 PM
05-27-2016 12:20 PM
by Wolf4dk
3 9,436
To mow weekly or Biweekly
WarriorLandscapingCAN
05-11-2016 04:09 PM
05-26-2016 04:45 PM
by lawngawd7
9 369
Help a Brother Out -...
Hedgemaster
01-23-2012 04:19 PM
05-26-2016 04:34 PM
by Crossett73
91 33,754
Hello from Alabama
pruzilla
05-25-2016 01:20 PM
05-26-2016 08:14 AM
by pruzilla
2 71
Hello from Centreville!
Daveylawns
05-23-2016 09:04 AM
05-24-2016 04:08 PM
by Steve
1 90
Laying new grass, Sod...
WarriorLandscapingCAN
05-23-2016 10:07 AM
05-23-2016 08:41 PM
by Steve
1 83
I need some aeration...
rootytalbot
08-14-2015 12:32 PM
05-23-2016 09:06 AM
by Daveylawns
10 3,804
Prolin
rmccutchan
05-21-2016 04:53 PM
05-21-2016 06:36 PM
by rmccutchan
2 101
Upgraded to a new mower
Stevenor92
05-17-2016 08:17 PM
05-20-2016 07:08 PM
by Stevenor92
8 241
Intro
LaraRahmani
05-18-2016 02:54 PM
05-19-2016 02:43 PM
by Steve
2 132
Best Push Mower You Have...
markty
05-14-2016 03:46 PM
05-18-2016 07:34 PM
by Stevenor92
4 211
New mower!!!!
Stevenor92
05-18-2016 03:46 AM
05-18-2016 06:39 PM
by Stevenor92
2 136
Say Hello !!!
Steve
03-19-2007 11:18 AM
05-18-2016 02:59 PM
by LaraRahmani
1,249 435,280
Stupid idea?
hopolb33
05-13-2016 11:25 AM
05-16-2016 11:22 AM
by Steve
1 180
Planting SKYBOUND CEDARS
FrankieeLawnz
05-13-2016 03:59 PM
05-16-2016 11:21 AM
by Steve
1 165
Edging Fad...
Tree geek
05-10-2016 11:29 PM
05-15-2016 11:12 PM
by Tree geek
2 212
Business Overload
Chilehead
05-06-2016 09:27 PM
05-13-2016 11:15 AM
by Steve
11 425
Hello from great state...
Cel1980
05-11-2016 09:00 AM
05-13-2016 11:07 AM
by Steve
2 184
Did this job free to...
JJand M Lawncare
05-02-2016 02:33 PM
05-11-2016 03:54 PM
by JJand M Lawncare
10 464
How to tell Cust. to...
GeeGood
04-09-2008 09:55 PM
05-09-2016 07:08 PM
by JJand M Lawncare
16 5,558
Echo SRM 230 trouble.
Jack Rabbit
05-08-2016 06:16 PM
05-08-2016 11:22 PM
by Just for Cuts
1 171
Toro ZTR Issues
rsanchez1203
05-06-2016 09:27 PM
05-07-2016 10:26 AM
by Steve
2 193
Correct way to quote a...
WarriorLandscapingCAN
05-02-2016 11:52 AM
05-03-2016 10:59 AM
by Steve
1 319
» Popular Tags
advertising become an entrepreneur best mower be your own boss break business education business help business management contractor hacks deck lift dethatcher edging entrepreneur entrepreneur education estimates free lawn care fuel problems fuel pump half moon blade hydro increase customers jjandm lawncare landscape landscape design landscaping landscaping design company landscaping richmond va landscping lawncare lawn mowing lawnservice lowering grade marketing mulch new business planting plowing raising grade residential lawn care richmond va richmond virginia lawn care roundup safety scag snowblower snow plowing snow shovel solo solo backpack sprayer start a business start a lawn care business start business start up swzt toro timecutter tree tree pics tree service video walk behind what to charge work from home
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 09:56 PM.


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

All times are GMT -5. The time now is 09:56 PM.

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