Arborist Insurance in Ontario
As an award-winning commercial insurance brokerage firm based in Ontario, Contractors Insurance is committed to providing customized solutions for tradespeople, contractors, and other professionals. One of the many types of specialized policies we offer is arborist insurance.
Whether you run a tree removal or tree pruning enterprise or work as an independent arborist, you still face many risks and hazards while on the job. Therefore, it’s crucial to have the right protection for your business in case the unthinkable happens.
Throughout our years of service, we have provided numerous clients with coverage that suits their unique needs. Because of our commitment to providing reliable solutions, we have received vast industry acclaim for what we do. You’re always in good hands with Contractors Insurance!
What Is Tree Removal Insurance?
Tree removal insurance (also known as arborist insurance) is a specialized liability policy designed for tree removal companies and independent arborists. It covers financial liabilities arising from third-party injuries, property damage, accidents, and other unexpected events.
The following incidents are covered by arborist liability insurance in Ontario:
Third-Party Bodily Injury
Employees of tree removal businesses are always exposed to various risks. Sometimes, these can lead to serious injuries—not just for you and your staff but to an innocent passerby as well.
What if a third party accidentally trips on a tree branch that wasn’t cleared properly? Not only will this cause delays in your work, but claims from these kinds of cases lead to huge financial losses if you don’t have the right insurance plan to cover legal or medical fees.
Third-Party Property Damage
The same risk factors mentioned above can also cause property damage to nearby homes or buildings. This could be from the improper use of a power tool, or if a tree branch falls on someone else’s roof and damages it. The best tree service insurance will help pay for the repair or replacement expenses as well as legal costs, if there are any.
Damaged or Stolen Tools and Equipment
As a contractor, you often use expensive and high-powered tools and equipment or heavy materials to finish your projects. Because it isn’t ideal to constantly haul heavy machinery from one place to another, it makes sense to keep them at project sites overnight or for longer periods.
However, unattended tools and equipment are perfect targets for thieves and are vulnerable to vandalism. This could result in missing materials or damaged items. The right insurance policy will help cover the financial liabilities borne out of these incidents. It will also help pay for repairs or replacement costs of lost, stolen, or damaged tools and equipment.
Who Can Benefit From This Type of Insurance?
Arborist liability insurance is vital if:
- You own a tree removal business or are an independent arborist;
- You design or fix landscapes; or
- You regularly prune trees or offer trimming services.
All the above qualifiers involve potential risks or hazards, which can lead to costly legal or medical fees.
Contractors Insurance consistently helps numerous clients work out their personalized insurance policies. If you are still unsure about certain aspects of the insurance coverage that your business needs and would like to know more about the benefits or limits, we’re here to assist you!
Why Is It Important To Have Tree Removal Company Insurance?
As an arborist, your job is physically demanding and requires you to work in different weather conditions. Therefore, you need to have insurance coverage that is specifically designed to cover the risks you face and the equipment you have.
Arborist Insurance Claims Examples
As any tree removal contractor knows, anytime you climb up a tree or use power tools to shape landscapes, there’s always a level of danger attached to it. Even the most experienced arborist isn’t immune to these accidents.
Arborist insurance is a customized type, meaning it often involves different costs depending on the coverage limit of each policy included in your plan. There are several factors to consider, but premiums typically cost $540 per year for CGL insurance with a $2 million coverage limit.
Below, you will find a few examples of arborist insurance claims.
Claims Example #1
You were hired to remove a hanging tree branch from a client’s property. In the middle of your job, you miscalculated the angle at which you have to cut, causing the branch to fall onto and damage the porch of your client’s home.
If you have commercial general liability insurance, this could help you cover the repair costs to the client’s porch up to $65,000.
Claims Example #2
After a tree risk assessment, you concluded that it was not necessary to remove the tree. However, a few days after, the same tree fell and damaged the windows of your client’s building. They sue you for negligence.
If professional liability insurance is included in your policy, it could help pay for up to $20,000 in legal fees and the cost of repairs to the client’s building.
Claims Example #3
An invasive species was found to be killing a 100-year-old tree in your client’s yard, and you needed to use pesticides to remove the infestation. During the procedure, you accidentally cause a spill that damages your client’s lawn.
If you have pollution liability insurance, it will cover settlement fees amounting to $5,000.
Leading Provider of Arborist Liability Insurance in Ontario
A big part of who we are is centered on creating and nurturing strong client relationships. Contractors Insurance aims to provide only the best for clients. In line with this, we offer the following benefits:
Personalized Insurance Plans
Our company guarantees that you will only pay for the coverage you need based on your business’s unique risks. With us, clients never have to deal with unnecessary riders.
Utmost Transparency on Coverage and Limitations
Once we have your insurance policy ready, we will explain it to you thoroughly and with full transparency. This includes how it works, the triggers for a claim, your coverage limits, and its exclusions.
Thorough and Straightforward Insurance Education
We consider our clients as our business partners. As such, we make it a point to help them make the most informed decisions about their insurance needs. Our team of experts is always ready to share their helpful insights in a comprehensive manner.
Frequently Asked Questions About Tree Removal Insurance
Yes. Your clients’ homeowner insurance policies are designed to protect their properties and possessions, but not you, your staff, or your equipment.
Your insurance policy must reflect the type of work you do. If you regularly provide tree removal services for commercial properties, speak to one of our expert insurance brokers to get the estimated amount of coverage you need.
Ready to Get the Coverage You Need?
Equipping your business with personalized insurance coverage will help you secure your business’ future and give you the peace of mind you deserve.
Contractors Insurance is the leading insurance brokerage firm in Ontario. We specialize in putting together customized policies to help our clients find the best plan for their business.
Contact us today to get started with a quick quote for tree romoval insurance!