coolbrze
ArboristSite Operative
I'm looking into quotes for new insurance for my tree & lco and was wondering who you guys use. What's your policy cover and how much are you paying? Any recommendations? Thanks in advance.
New insurance
- Thread starter coolbrze
- Start date
Help Support Arborist Forum:
memetic
ArboristSite Operative
I just went through the process last week or so and spent at least 8 hours straight trying to find insurance.
I finally found Peerless Insurance. Go to their site then you search for your local guys. There should be a number of offices in your area. You just have to call all of them.
I finally found a company through peerless that does the Tree Pro program. I am still waiting for the quote, but it is supposed to be a better rate then other tree insurance.
Most of the quotes I got were from $2000 to $8000 (not including the Tree Pro Program). Most policies were for the $500k/$1mill coverage. You can change that as needed.
Hope that helps.
I finally found Peerless Insurance. Go to their site then you search for your local guys. There should be a number of offices in your area. You just have to call all of them.
I finally found a company through peerless that does the Tree Pro program. I am still waiting for the quote, but it is supposed to be a better rate then other tree insurance.
Most of the quotes I got were from $2000 to $8000 (not including the Tree Pro Program). Most policies were for the $500k/$1mill coverage. You can change that as needed.
Hope that helps.
EastwoodGang4
ArboristSite Operative
quotes
I really hope 2000-8000 was for a year! wow insurance is expensive!
I really hope 2000-8000 was for a year! wow insurance is expensive!
memetic
ArboristSite Operative
Yes. of course.
TreeGhost
ArboristSite Lurker
I use West Bend Mutual. I do not know if they offer coverage in your neck of the woods. They were reasonable at $460 to cover property only. I have not insured my saws yet. Now if you need to insure an employee...Ouch. Workmans comp is really expensive for our line of work.
ClimbinArbor
ArboristSite Guru
460 a year?
no way!
no way!
memetic
ArboristSite Operative
Yeah, there is no way that is for a full year. If it is, you must not be covered very well. One of my first quotes was for $800-900 a year and I called the guy back and told him there must be a mistake. There was and the correct rate was around $1500 per year.
ClimbinArbor
ArboristSite Guru
1500 still isnt bad, but you gotta wonder about a place after they gum one up like that right out of the gate....
memetic
ArboristSite Operative
Yeah, it did make me think. But, I corrected his error and he got the proper quote from the "real" carrier. I just care about getting the proper coverage. The last thing I need is to get sued.
TreeGhost
ArboristSite Lurker
Yeah it is for a year. It only covers damage to the homeowners property up to 1 mil. The deductible is 1k so that helped lower it. The insurance does not cover my equipment or me. What does your insurance for 2k cover?
hornett224
ArboristSite Guru
i have 1 Mill/2 Mill.
$1000 for the year.liability only,no workmans comp.i have no employees.
$1000 for the year.liability only,no workmans comp.i have no employees.
mckeetree
Addicted to ArboristSite
I think they just figured out a way to get your $460.00. I doubt they would ever pay a claim. They must have you classified as landscaper.
memetic
ArboristSite Operative
"I doubt they would ever pay a claim. They must have you classified as landscaper."
I think that may be right. My policy covers me and another guy up to a total of $1 million in damage and medical expenses. It says right on page one that our policy is for the "removal of trees and shrubs". This policy costs approx $1400 per year.
I don't think you can have a $1mill policy for $460 doing tree work. I haven't been doing this long, but I just spent two-three weeks on the phone doing insurance research to get us covered so it's fresh in my head.
I think that may be right. My policy covers me and another guy up to a total of $1 million in damage and medical expenses. It says right on page one that our policy is for the "removal of trees and shrubs". This policy costs approx $1400 per year.
I don't think you can have a $1mill policy for $460 doing tree work. I haven't been doing this long, but I just spent two-three weeks on the phone doing insurance research to get us covered so it's fresh in my head.
TreeGhost
ArboristSite Lurker
I guess I better reread the policy. I told the agent twice that I was cutting trees down and the coverage I need is for property damage from a tree. I know I could not afford workmans comp coverage for employees.
greggwag
ArboristSite Lurker
I just got my first quote at over $10,000/yr! 
Coverage:
Genl Aggregate 2,000,000 GLDeductible: 250
Occurrence 1,000,000
Products/Comp Ops Included
Personal && Adv Injury 1,000,000
Fire Damage- Any one Fire 50,000
Medical Payments 5,000
I wasn't given options for the level and type of coverage--company is Atlantic Casualty. My business will be in the NYC metro area.
Coverage:Genl Aggregate 2,000,000 GLDeductible: 250
Occurrence 1,000,000
Products/Comp Ops Included
Personal && Adv Injury 1,000,000
Fire Damage- Any one Fire 50,000
Medical Payments 5,000
I wasn't given options for the level and type of coverage--company is Atlantic Casualty. My business will be in the NYC metro area.
ClimbinArbor
ArboristSite Guru
well first of all. i would not choose a company with the name casualty for tree care. second of all. 10k:jawdrop:
greggwag
ArboristSite Lurker
Yes it's nuts.
memetic
ArboristSite Operative
Sounds like you need to do some more searching. 10k wtf.
coolbrze
ArboristSite Operative
Thanks guys, do you have phone #s and/or contact info for any reps?
hornett224
ArboristSite Guru
my contact won't do you any good.
look for an insurance broker or exchange in the yellowpages.
look for an insurance broker or exchange in the yellowpages.
Similar threads
