Small Business Liability Insurance

Business Insurance Rate

Lawn Care Business Insurance Basics

In this sue-happy, competitive world, businesses have to learn to manage risk in order to survive and thrive. Making sure you have adequate protection for your lawn care business is a must to protect your personal and business assets. While it is often a time-consuming and frustrating experience every successful business owner will go through it.

Lawn Care Business Insurance
Like any other business entity, lawn care businesses do need adequate insurance cover to protect their assets. In order to provide the specific needs, many insurance companies have created specialty insurance for the lawn care industry. While you can often get commercial insurance through your home and auto agent, it often pays to shop the specialty insurers as they are better able to understand the risks present to your industry and can price the policy accordingly. When obtaining business insurance and the agent/company do not understand your business or industry then you will get a higher rate so they are protected from the unknown.

Types of Coverage for the Lawn Care Business
Lawn care businesses have different kinds of insurance protection that may suit their different needs. Choose the one or go for all of them to prolong the life of your lawn care business insurance business.

A few different types of insurance you may want to consider for your lawn care business.

While it is a time-consuming process, researching the different types of lawn care business insurance and what is included/excluded in your policy is critical to the operation of your business should something bad happen. Talk with your agent, attorney and other business owners to make sure you are getting the proper insurance for your business.

For more information about starting a lawn care business visit www.StartingLawnCareBusiness.com

Can a car insurance company make up points on your license?

So in early march my apartment was raided for pot, and a 1/2 gram was found. I was convicted of possession of marijuana and as part of Michigan’s driving laws even if the incident did not occur in a car your license is restricted for 6 months. Yesterday my mother (the insurance for the whole family is in her name) received a notice that i had 8 points on my license and my insurance rates would be raised. Confused about this i went to Sec of State and in fact found out that i have no points. I called Memic and explained this to them, they informed me that they do not use actual points, they use their system of points. For example OUID is a 6 point offense but they count it as 8 points. Passing a stopped school bus (which as far as i can tell is no points) they view as 8 points.

Your insurance company looks at your driving record (motor vehicle history and claims history for accidents that may not have been reported to the police) and assigns “insurance points” for any offenses or accidents that are there. Depending on the state, companies assign different points for different offenses. In NJ, a DWI, driving without insurance or driving while suspended are 9 insurance points, an at fault accident is 5 insurance points, passing a schoolbus is 5 insurance points. In VT & NH an at fault accident in 1 point for most companies, two moving violations could be 1 point (one would be no points), DWI would mean no points but the policy is nonrenewed. Then you would have to go to a company like Progressive who charges 2 points for a DWI & 3 points for an accident (in the same states). Insurance points are a system of surcharging. A “point” is a percent of increase in your insurance (usually 10-25% depending on the company).
So, even if you change companies, they will look up your record, find your possession conviction and surcharge accordingly.

General Election 2010: Asian business leaders back Tory tax plan more than 60 Asian business people have a signed letter, Tory backing Plans to stop the increase in most of the planned National Insurance in the next year.