Orlando, Fla.—With the winter season well underway, Floridian homeowners and business owners may have their minds set on getting their yard and gardens ready for Spring 2020. For us in Florida, with our weather shifting from cold to warm every two to three days, it’s like it’s already arrived. Although you need to be mindful of the plants you bring in early, as many would not resist the very low temperatures that we are exposed to every once in a while until spring is officially here.
If you own a landscaping business, you may have questions about your current insurance coverage.
A general liability insurance is a broad level of business insurance coverage that’s designed to protect your landscaping company from financial stress caused by accidents. It protects your customers in order to keep your company’s assets well protected as well.Your general liability coverage evolves at the same pace your business grows. When you add new job sites, products or services, you must make sure they are automatically protected from day one.
General liability insurance is included in a business owners policy (BOP). A BOP provides you with direct protection for your business assets. This insurance is customizable, and can include coverage for tangible or intangible business assets, such as your lawn care equipment or your company payroll. Coverage options include:
Buildings and Contents
Business Income and Extra Expense
Newly Acquired or Constructed Buildings
Employee Dishonesty Coverage
There are other aspects of your landscapers insurance coverage that you must pay attention to —for example, given the nature of your business, a landscapers general liability protection needs to include bodily injury coverage, due to the risk of causing physical harm in an accident with mechanical equipment. This coverage pays for medical care instead, saving you from the legal and financial impact. Your landscapers general liability insurance also protects you when problems arise due to products and services you’ve sold. On the other hand, if one of your employees involuntarily causes a fire to the property, due to an accident during the landscaping operation, such as clipping electrical wires by mistake, your products and completed operations coverage will protect you from legal and financial issues that arise. If a client or customer sustains minor injuries and claims it is because of your company or employee, a medical expense limit section of your insurance, allows small medical related payments without needing an admission of fault. This can help limit potentially larger settlements or legal actions.
Property damages coverage is the section of your landscapers general liability insurance that protects you when your company’s actions or employees damage a clients personal property that you may be held liable for.
If your landscaping equipment is stored at a rented facility, a portion of your landscapers general liability, called damage to premises rented to you, will help providing coverage for the property your company rents.
At Garzor Insurance we specialize in commercial insurance coverage for businesses in Florida as well as Georgia. If you have questions about landscaping business insurance, or any other commercial insurance aspects, do not hesitate to visit us online at Garzor Insurance, or you may also call us directly at (321) 206-8035.
Mariana Zorrilla, CIC, CRIS, CPIA