How are the premiums for landscaping policies determined?
The premiums for landscaping policies can significantly vary depending on various factors, including the geographic area a landscaping business serves, the services it provides, the chemicals it uses, the age and type of vehicles, the size and location of owned facilities, and any recent insurance claims. Still other details can also impact cost.
An independent insurance agent can help landscapers get custom quotes from several insurance companies, and then compare coverages and cost across the policies. This makes it easy to see which insurer gives the best coverages at a competitive rate.
Do landscapers in Texas need to carry workers compensation?
Texas is one of the few states that generally doesn’t require employers to carry workers compensation. Therefore, most landscapers in the state technically don’t need this coverage.
Regardless of state law, however, workers compensation is strongly recommended. The coverage normally protects against workplace injuries, which anyone operating lawn care equipment is certainly at risk of. Without coverage, businesses could be solely responsible for an employee’s medical bills and lost wages after an injury. Few landscapers could afford the large costs that can follow a major accident.
When it’s purchased, workers compensation might be obtained within or outside of a landscaping policy. An insurance agent who assists with landscaping policies will be able to help businesses determine the best way of acquiring workers comp.