Based in Ontario, Contractors Insurance is an award-winning commercial insurance brokerage that is committed to creating personalized landscaping insurance and virtually every type of contracting business.
Whether you are an independent landscaper or the leader of a landscaping company, our comprehensive and tailor-fit landscaping business insurance is sure to match with your business’s unique insurance needs.
Through the years, we have served numerous contractors, assisting them through their whole insurance journey – from negotiating premiums to filing claims. Once you’re our customer, we will always be there for you. With Contractors Insurance, you can be sure that your landscaping company is in good hands!
What Is Landscaping Business Insurance?
Landscaping business insurance refers to an insurance policy or an insurance bundle that is designed to protect an independent landscaper or a landscaping company from industry-related risks. This type of insurance typically includes commercial general liability coverage along with additional (optional) coverages.
The following can be bundled in your personalized landscaping insurance program:
Commercial General Liability Insurance
Landscaping companies and independent landscaping contractors are responsible for keeping third-party individuals safe – during and after project completion, as well as within premises. Furthermore, any business that engages in advertising, is open to the risk of inflicting advertising injuries.
Because of the above risks, commercial general liability insurance, as a part of a full landscaping business insurance, is a must-have since it covers costs associated with the following:
- Third-party injuries and property damage caused by business operations (while the project is ongoing) or due to faults in the completed project
- Third-party injuries that occur within business premises
- Advertising or reputational injuries (libel, slander, copyright infringement, and so on).
Commercial Auto Insurance
Employees of landscaping companies as well as independent landscapers may need a commercial vehicle or a fleet of vehicles to travel to project sites and transport equipment/materials. But road accidents can happen at any point.
Commercial auto insurance can be included in your landscaping business insurance so that your business is protected from medical, repair/replacement, and legal costs in relation to the following unforeseen scenarios:
- Bodily injuries caused by your commercial vehicles
- Property damage caused by your commercial vehicles
- Theft or vandalism inflicted on your commercial vehicles
Commercial Property Insurance
Does your landscaping company operate from an office or headquarters? If so, your commercial property (the building/space), as well as the documents, equipment, and other possessions that you have therein, are needed for keeping your business running.
This is why you need commercial property insurance – which protects your business from sudden financial loss in the event that your workplace suffers these scenarios:
- Theft or vandalism
- Natural disasters that damage the property or limit its accessibility
- Business interruption due to the above causes which results in lost income
Worker’s Compensation/Personal Coverage
It is estimated that around 200 landscapers die each year due to workplace injuries. Because of this and other related risks, workers’ compensation insurance (for employees of a landscaping company) or personal coverage (for independent contractors) is a recommended addition to your personalized landscaping business insurance.
Worker’s compensation or personal coverage will provide the following:
- Ongoing treatment costs after the work-related injury
- Lost wages during recovery
- Disability/death benefits
- Funeral expenses
Who Can Benefit From Insurance for Landscapers?
Insurance for landscapers protects both independent landscapers and landscaping companies of whatever size. There are unique risks involved in the landscaping industry which can cost you or your business a substantial amount. This is why securing landscaping insurance that’s customized to your needs is a key step in proper risk management.
Customized landscaping business insurance protects you in the following situations:
- Lawsuits filed due to third-party bodily injury due to business operations or completed projects – as well as injuries that occur within business premises.
- Lawsuits filed due to reputational/advertising injury
- Physical injuries, illnesses, or conditions sustained by employees of a landscaping company or an independent landscaping contractor while performing job tasks.
- Vehicular accidents resulting in bodily injury, property damage, and/or damage to the commercial vehicle
- Property/equipment damage sustained by your workplace due to theft or natural disasters
Why Is It Important for an Ontario Landscaping Company to Have Landscaping Insurance?
Though landscaping insurance is usually interchanged with commercial general liability (CGL) insurance for landscaping companies, there are additional coverages that can provide more protection for the business.
By obtaining a personalized landscaping insurance bundle, your business will be protected from a wide array of unforeseen events such as road accidents, personal/employee injury, commercial property damage, and much more. You will then be able to run your business with utmost peace of mind.
Contractor Home Builder Insurance Claims Examples
Claims Example #1
After the landscaping project is completed for a residential property, one of the residents trips and falls because of poorly planned steps and inadequate lighting. The resident sustains a wrist fracture that needs reconstructive surgery and will put him out of work for 8 weeks.
The client successfully sues for bodily injury. Your CGL will cover the legal fees and settlement totalling to $155,000.
Claims Example #2
While an employee of your landscaping company is enroute to a project site, he gets involved in a vehicular accident. No one was injured but both cars were damaged.
The other driver successfully sues. Your commercial auto insurance policy will cover the fees and settlement amount totalling $24,000.
Claims Example #3
While working on a landscaping project, an employee of a landscaping company suffers a minor concussion after being struck by a falling broken tree branch, a common landscaping injury related to workplace falls. He is then instructed by the doctor to rest for 10 days.
Workers’ compensation coverage will cover the medical costs as well as the lost income during recovery amounting to $2500.
Leading Provider of Insurance for Landscapers in Ontario
One attribute that truly sets us apart is our customer-centric approach. In line with this, we seek to provide the following benefits to you and your landscaping company:
Personalized Insurance Plans
We believe that in order for landscaping insurance to be a worthwhile investment, it must be as tailor-fit as can be. With our personalized insurance plans, you will only need to pay for what your business needs. Therefore, you’ll be able to enjoy exemplary coverage while also saving in the long run – we will be able to take out any unnecessary riders that add unwanted costs.
Utmost Transparency on Coverage and Limitations
We strive to be transparent in everything we do. Once your customized insurance program is ready, we’d be happy to explain how it all works; we’ll go over what triggers the claims, what exclusions are in the policy, the process of filing claims and so on. And should you require any adjustments, we will do our best to accommodate them.
Thorough and Straightforward Insurance Education
At whatever stage you are in, you can count on us as a source of information and assistance. We’d like for you to understand the ins and outs of your landscaping business insurance right at the beginning. This way, you are empowered with the knowledge you need and you know what to expect in the face of unforeseen circumstances.
And should you have any questions, we are always here for you, ready to assist you at every stage – from securing your landscaping business insurance to filing claims.
Frequently Asked Questions About Landscaping Business Insurance
Though a number of factors can influence how much a landscaping insurance policy’s premium will be, general liability insurance for landscapers would cost around $54 per month for a coverage limit of 2 million dollars. If your business would opt for additional coverage, this would increase the cost. However, insurance policies that are bundled together by an expert insurance brokerage like Contractors Insurance would give more cost-effective options.
According to Ontario law, contractors like landscapers need at least a commercial general liability insurance before going into business. This is to protect customers and other third-party individuals from injuries or property damage caused by business operations. In line with this, some customers look for proof of insurance before entrusting a project to a landscaping company.
Ready to Get the Coverage You Need?
Contractors Insurance is one of the leading providers of landscaping business insurance in Toronto – as well as insurance for other contracting businesses. We specialize in getting to know businesses, assessing risks, and putting together a customized insurance program that a business owner or independent contractor can rely on. Having worked with numerous contractors, you will benefit from our wealth of experience and expertise.
We are proud to have a team of insurance champions who are ready to give you reliable insurance recommendations and ongoing assistance with all your insurance needs.
Are you ready to have a landscaping business insurance that has your back? We can make it happen.