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
Reply With Quote
  #1  
Old 07-07-2008, 10:06 PM
musician/lawnman's Avatar
musician/lawnman musician/lawnman is offline
Chuck
 
Join Date: Feb 2008
Location: South West Florida
Posts: 919
Rep Power: 8
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?
__________________
AAA QUALITY CLEAN CUT, LLC.
LAWN CARE & LANDSCAPING
Visit us here:


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, 10:36 PM
Little's's Avatar
Little's Little's is offline
Brandon
 
Join Date: Jun 2007
Location: Shasta Lake CA.
Posts: 814
Rep Power: 8
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
Reply With Quote
  #3  
Old 07-07-2008, 10:43 PM
musician/lawnman's Avatar
musician/lawnman musician/lawnman is offline
Chuck
 
Join Date: Feb 2008
Location: South West Florida
Posts: 919
Rep Power: 8
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.
__________________
AAA QUALITY CLEAN CUT, LLC.
LAWN CARE & LANDSCAPING
Visit us here:

  #4  
Old 07-07-2008, 10:59 PM
Little's's Avatar
Little's Little's is offline
Brandon
 
Join Date: Jun 2007
Location: Shasta Lake CA.
Posts: 814
Rep Power: 8
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
Reply With Quote
  #5  
Old 07-07-2008, 11:20 PM
musician/lawnman's Avatar
musician/lawnman musician/lawnman is offline
Chuck
 
Join Date: Feb 2008
Location: South West Florida
Posts: 919
Rep Power: 8
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
__________________
AAA QUALITY CLEAN CUT, LLC.
LAWN CARE & LANDSCAPING
Visit us here:

  #6  
Old 07-08-2008, 05:11 AM
Steve's Avatar
Steve Steve is offline
Administrator
 
Join Date: May 2003
Posts: 36,979
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
Reply With Quote
  #7  
Old 07-08-2008, 07:48 AM
musician/lawnman's Avatar
musician/lawnman musician/lawnman is offline
Chuck
 
Join Date: Feb 2008
Location: South West Florida
Posts: 919
Rep Power: 8
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.
__________________
AAA QUALITY CLEAN CUT, LLC.
LAWN CARE & LANDSCAPING
Visit us here:

  #8  
Old 07-08-2008, 09:07 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, 10:19 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, 11:49 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 10:30 PM
Insurance Companies greatsaving Introduce Yourself 4 07-17-2007 05:57 PM
Insurance Steve General Talk 5 02-15-2007 11:30 PM
looking for insurance coronaldi General Business Discussions 1 01-16-2006 10:28 AM
Forming a Limited Liability Company (LLC) mowboy General Business Discussions 0 11-04-2005 07:33 PM

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
stubbon people
Bradcook21
02-16-2015 04:25 PM
Yesterday 07:42 PM
by SC93
32 1,069
rock salt
Bradcook21
02-24-2015 11:17 AM
Yesterday 07:16 PM
by jrs.landscaping
13 309
price for snow clearing?
Bradcook21
02-25-2015 09:11 PM
Yesterday 04:01 PM
by Bradcook21
3 94
Blade sharpener
Just for Cuts
07-04-2014 01:31 PM
Yesterday 03:43 PM
by Mr. Mow
15 1,666
Facebook
element009
03-23-2011 09:36 AM
Yesterday 03:17 PM
by jrs.landscaping
48 11,655
viking cyclon.
uppercut
01-29-2015 09:12 PM
Yesterday 02:54 PM
by Steve
5 471
Ugliest lawn contest
Steve
02-23-2015 04:17 PM
Yesterday 02:51 PM
by Steve
2 218
Start LIKING FACEBOOK...
rlclawncare123
Yesterday 01:06 AM
Yesterday 02:41 PM
by Steve
1 61
Another website update
Chilehead
Yesterday 11:24 AM
Yesterday 12:46 PM
by Just for Cuts
3 70
tips on creating a...
BLAZIER-1991
01-08-2015 07:22 PM
Yesterday 02:44 AM
by ExtremeLawncareServices
5 671
New Lawn Care Service...
rlclawncare123
Yesterday 12:49 AM
Yesterday 02:24 AM
by ExtremeLawncareServices
1 64
Finally!
SGL1
02-22-2015 09:46 PM
02-25-2015 10:15 PM
by SGL1
13 404
leaf removal.. mulching...
facework84
08-05-2011 03:26 PM
02-25-2015 08:07 PM
by Steve
5 2,745
How many customers?
SC93
02-25-2015 12:40 AM
02-25-2015 04:59 PM
by SC93
5 184
Irrigation...
charlieallen
02-24-2015 01:16 PM
02-25-2015 02:58 PM
by Steve
6 183
use a small business...
BLAZIER-1991
12-25-2014 12:21 AM
02-25-2015 12:46 AM
by SC93
33 2,728
I'm Back With The Best...
aduttonater
02-21-2015 01:41 AM
02-24-2015 08:32 PM
by ExtremeLawncareServices
9 440
honest opinion please
uppercut
02-17-2015 02:30 AM
02-24-2015 07:12 PM
by homey
10 597
2nd year advice anyone
Bradcook21
02-18-2015 07:00 PM
02-24-2015 05:15 PM
by Bradcook21
14 579
need help
lawnexpers115
02-23-2015 05:36 PM
02-24-2015 02:49 PM
by Steve
3 228
Hello People
nativikee
02-23-2015 07:17 PM
02-24-2015 02:43 PM
by Steve
4 227
New member
qua ke zik 001
02-23-2015 11:24 AM
02-23-2015 03:40 PM
by Steve
1 188
New Video
Sprinkler Buddy
02-22-2015 09:18 PM
02-23-2015 03:19 PM
by Sprinkler Buddy
2 222
need help with SCAG...
apmAkron
02-23-2015 09:14 AM
02-23-2015 01:57 PM
by apmAkron
3 214
which degrees would be...
BLAZIER-1991
02-20-2015 04:46 PM
02-23-2015 01:47 PM
by Steve
9 370
Trouble logging in
avetslawncare
02-21-2015 02:06 PM
02-23-2015 01:44 PM
by Steve
1 393
John Deere Quik Track...
acrajchel
02-20-2015 03:12 PM
02-23-2015 01:40 PM
by Steve
1 245
Trimming and...
joshlawncare
02-15-2015 02:04 PM
02-22-2015 09:48 PM
by SGL1
5 577
where can i post this
zippy-phil
02-17-2015 07:58 PM
02-20-2015 02:02 PM
by Steve
7 457
These are the days on...
ExtremeLawncareServices
01-11-2015 11:41 AM
02-19-2015 04:43 PM
by ExtremeLawncareServices
29 2,580
Thumbs up or down?
lawnman1959
02-18-2015 11:40 AM
02-19-2015 01:22 PM
by Chilehead
3 375
Am I growing too fast?
Mattcrump
08-04-2011 11:54 PM
02-19-2015 12:34 PM
by Steve
11 5,164
Say Hello !!!
Steve
03-19-2007 12:18 PM
02-19-2015 12:31 PM
by Steve
1,215 371,268
How to obtain more...
winkie61
02-17-2015 08:31 AM
02-19-2015 12:29 PM
by Steve
3 469
Mowing 2 acres
Bradcook21
01-05-2015 03:13 PM
02-19-2015 12:23 PM
by Steve
16 1,411
How to sell annual...
GroPro
02-17-2015 12:31 PM
02-18-2015 01:46 PM
by GroPro
5 463
FREE Custom Website...
breadcrumb
01-31-2015 10:58 PM
02-18-2015 01:32 PM
by Steve
5 1,062
Taking a step back
Billy Goat
02-16-2015 07:37 AM
02-18-2015 01:17 PM
by Chilehead
9 544
Employees
stevej
02-17-2015 05:25 PM
02-18-2015 12:47 PM
by Mr. Mow
1 364
Landscapers from hell!!
Chilehead
01-29-2015 03:55 PM
02-17-2015 07:48 PM
by ExtremeLawncareServices
9 967
Cannot access your Itune...
winkie61
02-17-2015 10:00 AM
02-17-2015 03:26 PM
by Steve
1 325
Advertising on internet...
Sprinkler Buddy
02-13-2015 01:22 PM
02-17-2015 01:00 PM
by Steve
9 617
new to this forum
NIP'N'TUK
02-14-2015 07:54 PM
02-16-2015 10:03 PM
by Steve
2 449
Advice on bidding 20...
sleepydunn
02-15-2015 07:38 PM
02-16-2015 09:59 PM
by Steve
4 550
New to me mower
xandrew245x
04-27-2014 08:02 PM
02-16-2015 09:48 PM
by Steve
8 1,347
mower blades
tlf59263
02-09-2015 12:36 PM
02-16-2015 05:16 PM
by Just for Cuts
8 782
Just Quit?
ringahding1
01-30-2015 06:23 AM
02-16-2015 02:16 PM
by joshlawncare
18 1,443
Advice on Bidding...
veteranlawnservice
02-08-2015 09:21 PM
02-16-2015 12:14 PM
by joshlawncare
18 1,155
Extending the life of...
rmccutchan
01-17-2015 12:37 AM
02-16-2015 09:51 AM
by rmccutchan
20 1,529
To Mulch OR Not To Mulch
OldSalt
02-12-2015 10:04 PM
02-15-2015 01:25 AM
by ExtremeLawncareServices
14 761
» Popular Tags
4wd apartment complex bark blades blowout bob villa collections commercial demonstration edging employee problems equipment rental ferris first truck flyers free advertising gopherhaul grass growing a lawn care business hardscapes hills hiring husqvarna hydraulic introduction landscape landscape services landscaping training lawn aeration lawn care lawn care business podcast lawn care business seo lawn care business show lawn care business website lawn care business website seo lawn care seo lawn care website marketing more customers business mr dave ordinance past due patio install per hour charge podcast pricing profit on employee pto push versus ride running a business scag v-ride scripts search engine optimization sell the vision seo shreaded small engine repair square foot sulky toro grand stand trailer tree trimmer rack truck new used landscape walk behind web design website website design winterization won't return
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 12:36 AM.


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

All times are GMT -5. The time now is 12:36 AM.

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