How much is insurance?

[Blakesmaster]

Is NY the only place where liability ins is based on gross sales? How are you guys paying set rates? Would that same $1000 cover you if you expand to more than one crew?

 

[treeman75]

The company I had before would audit me every year and go off of my sales. Two years ago my new agent just asked me some questions and that was about it. I have used it twice. Once was when my climbing gear and tools got stolen out of the truck, that was around 3500. That was on a policy that I have for tools and saws that the auto wont cover. I have my saws, tools and other gear insured for 10k. The other claim was on my GL this past fall when I had a low pressure line go and sprayed hydraulic fluid on a house. I tried to take care of it without a claim but they wanted me to turn it in thinking they were going to cash in on it. The insurance company sent out a cleaning company to clean it. The bad deal on that was the HO is a teacher at my kids school so I gave them a good deal on it. When I was done they didnt want to pay me because of the oil mess. My agent was the one that got me paid saying that it had to be a paid job to turn in a claim, she had a check for me when I pick up my boys. If it wasnt for him I dont think they would of paid. So, no more discounts!

 

[FanOFatherNash]

I know i am going to get henpecked for asking this but dose this seam about rite?
I do mostly freelance climbing but am thinking of starting my own company and am still in the "figuring out how much this will cost me" stage.
I have a chipper&truck and all the gear ill need to do 98% of the tree's in my area North NJ but I was wondering if this sounds about rite for a 1 crew company.
I got a quote from http://www.treeserviceinsurance.com/ for $1,150.00 per month and thats just liability forget about equipment or employey comp.

so I was wondering what insurance runs a month (or year) for you guys...

let the henpecking commence...
pete

800 a year for 2 million of gen liab.
i am in michigan

 

[Affordabletree]

I have 2 million in coverage, full coverage insurance on my chip truck, chipper, personal truck, commuting car, stump grinder and trailer as well as a policy that covers all my climbing gear and saws for $400 a month. Through West Bend Insurance in michigan.

 

[Groundman One]

$600 for $1 million liability.

Was $500 the year before, and went up $100 in a year even though we made no claims.